Vehicle re-marketer Manheim has signed a five-year deal with Big Motoring World.
The partnership will see Big Motoring World remarket 50,000 part-exchange vehicles through Manheim over five years on a sole supplier basis. The vehicles will be sold at weekly auctions through Manheim’s Colchester centre.
The leading independent dealer group will also use Manheim to source stock, and buy 50,000 vehicles at auction over the term of the deal.
Big Motoring World is a prestige car supermarket based in Kent, where it has three sales sites and a collection and preparation centre.
In addition to remarketing, Big Motoring World will continue to use valuation services from Cox Automotive, Manheim’s parent company, to drive its part-exchange process. The leading valuation tool gives an accurate wholesale value to help salespeople offer the most competitive and profitable part-exchange prices.
Martin Forbes, chief executive officer at Cox Automotive UK, said: “This is great news for Cox Automotive that really demonstrates the importance of providing services that meet customer needs throughout the remarketing process.”
“As a vendor and buyer, Big Motoring World is an important partner for us. I’m delighted that they have chosen to sign-up with Manheim on a sole-supplier basis.”
Peter Waddell, chief executive officer of Big Motoring World, added: “We first used Manheim for stock disposal in 2012, and have always been impressed by their expertise and the level of service.”
“As Big Motoring World continues to grow, we need a remarketing partner with the scale and flexibility to support us with both selling and sourcing stock. We’re confident that Manheim will do a great job, and looking forward to working with them over the next five years.”
In May, Manheim signed a van remarketing deal with Zenith. As part of the deal, Zenith’s de-fleeted vans will be sold via digital channels, with all vehicles being advertised online using Manheim’s buy now and bid now functionality. The company’s physical auction network will also be used to support online sales channels.
In February, Manheim resigned a deal with the Hendy Group. The deal will see 32,000 cars and LCVs pass through the auction company’s lanes over the next four years.