Manheim has announced a 100-percent sales rate following the exclusive off-site auction for Citroen its Nevada team recently held in Las Vegas in collaboration with Manheim Online in the U.K.
The Las Vegas auction follows the successful unique off-site sale Manheim and Citroen held 'at sea' last year on No Man’s Fort, a 150-year-old facility off the coast of the Isle of Wight near Portsmouth, England.
This year, 23 Citroen dealer representatives flew from the U.K. to Manheim’s Las Vegas auction center to attend the event.
“We are incredibly pleased with the success of the Manheim Nevada event. Taking them to Las Vegas was a fantastic opportunity to build on our reputation for providing the best service to our dealers,” Citroen UK remarketing manager Paul Drake said in a news release.
“The back was extremely positive, and all dealers were fully engaged with, and purchased all vehicles on offer, which is a fantastic result. We would like to thank the Manheim U.K. and U.S. teams for organizing an incredible, unique and memorable five days for both Citroen U.K. and the dealer network,” Drake continued.
Each of the 125 Citroen used-vehicles offered at the Nov. 10 auction was sold at 102.88-percent CAP, which is approximately 4.5 percent higher than current market conditions, according to Manheim.
Photo courtesy of Manheim.
“Our off-site sales are always spectacular and showcase our ability to provide market leading service around the world,” added Tim Hudson, managing director of inventory solutions at Cox Automotive.
“Having partnered with Citroen UK for off-site sales since 2015, we are thrilled that the Nevada event was such a success. Our team was outstanding, and we look forward to next year's location.”