The first closed auction run by Manheim
dedicated to Mazda vehicles has sold 149 vehicles (of 150 on offer)
at a total of £1.83m.
A highlight of the event was the sale of a
Mazda2 Hatchback sold for 119% of the CAP Clean rate, notable at a
time
when industry figures are questioning used car valuations.
Go deeper with GlobalData
In November,
CAP reported internet purchases by independents are on the
rise, forcing used-vehicle buyers to travel further in the open
market and the majority of bidders at the January auction, 27 of
51, took part online by simulcast.
The auction was part of an ongoing agreement between the
Japanese carmaker and the automotive services giant including a
CyberAuction programme, as well as use of the Manheim Direct
wholesale channel and Manheim Retail Marketing.
richard.brown@vrlfinancialnews.com
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
