Anyone with new Manheim auction reports on 05 and 06 Gransport pricing?
From what I can gather, the Manheim auctions are essentially a clearing house for used cars. I guess, cars that are traded-in at a dealer that the dealer does not want to sell on their lot, can go to the Manheim auction for sale to other certified used car dealers.Anyone with new Manheim auction reports on 05 and 06 Gransport pricing?
I have never been to one but know plenty of people who have. I have heard that there is a wide variety of cars that go through Manheim. In many cases, the nicest cars with the lowest miles are kept by dealers. That being said, sometimes the dealer just doesn't want the car so it goes to auction. Is this consistent with your experience?I assume you've never been to Manheim because nothing could be further from the truth.
Keep in mind. If these are selling at auction they are rough or usually lemon law buyback cars. Clean nice cars do not usually run through. Not many Masers run through the auction
12/11/07 FAAO Lease $51,600 24,029 Avg SILVER 8G A Yes
Nice find! Does anyone know what the percentage fees are at Manheim?Buy it now is $62,900. I can't recall but I think I read somewhere that when a dealer buys at auction, there is a fee that is not included in the auction price, perhaps ~4% plus the dealer will have to pay shipping charges. So, my guess would be that the dealer cost on this one is ~$55K or so.
My guess is that this is the car above:Keep in mind. If these are selling at auction they are rough or usually lemon law buyback cars. Clean nice cars do not usually run through. Not many Masers run through the auction
11/15/07 MANHEIM Regular $58,000 15,341 Avg SILVER 8G Yes
My family owns a few dealerships, and just because it says it sold for 70,000 doesn't mean thats the dealers cost. Dealers usually have to pay 1% auction fee on exotics and then the transportation from auction for those type of cars is expensive and also those cars are usally not in thats great of condition and stripped of owners manuels navigation disks etc.. So when you see a manheim price on an exotic add about 2,500 on top of that.Nice find! Does anyone know what the percentage fees are at Manheim?