Fleet News

Manheim secures major deals

GMAC Finance has signed a three-year solus deal with Manheim Auctions for the disposal of all of its voluntary terminations, repossessions and PCP products.

The contract will result in some 9,000 vehicles being disposed of during the length of the contract.

Manheim has also been awarded an extension to its contract with FCE Bank following the bank’s decision to diversify its remarketing activities.

The contract will significantly increase in the number of vehicles handled by Manheim.

Martin Potter, sales director, corporate fleet, Manheim Auctions said: “When FCE Bank decided to diversify its remarketing activity we were able to extend our existing working relationship with the bank by demonstrating our capability and flexibility and by being able to offer dedicated sales opportunities at Colchester, Haydock and Rotherham.

"I am confident that this will result in a strengthening of our relationship in the future.”
 

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee