The two-year deal will see the company remarket most of Arval PHH's ex-lease vehicles, mainly through physical auction, but also using Manheim's electronic sales. Manheim Auctions says it is providing Arval PHH with a comprehensive remarketing package that combines a number of its remarketing products into one service.
Arval PHH is using Manheim's new Inventory Management System (IMS), which drives the whole remarketing process from the moment vehicles are collected, through the inspection and reconditioning stages and then on to the final sale. This remarketing management software is delivered via the web.
In addition to IMS, it gives Arval PHH online access to real-time performance reports and the latest auction prices.