1. Welcome to Manheim Auctions
When it comes to buying or selling used vehicles, no one
can match Manheim’s experience, understanding and reputation
for results. As the world’s largest vehicle auction
company and together with our unrivalled resources and depth
of experience, we set the standard within the industry.
While
we are always looking to develop our portfolio of services,
we never lose sight of the most important link in the chain.
That’s you, our customer. At Manheim,
we know that it’s still very much a people industry.
That is why experts from all sectors of the motor trade form
the backbone of our company and importantly, we make sure
that their insight and expertise is made available to you,
wherever and whenever you need it.
Whether you’re buying or selling, Manheim plan to
make it as quick and easy as possible. If there’s anything
you’re not sure about then don’t hesitate to
call us on 0870 83 83 900. Our fully trained and professional
staff are on hand to help you.
2. How to enter your vehicle for sale
You can drive or have your vehicle delivered to the nearest
auction centre. We’ll even collect it if you want,
just give us a call and we’ll arrange it for a nominal
fee.
If you deliver the vehicle yourself, go to reception
on arrival and pick up an Entry Form. Our experienced and
trained staff will be on hand to answer any queries you may
have. It is important that you complete all sections of the
form accurately and fully, as it is this information that
is used by the auctioneer when selling your vehicle.
To allow
us to sell your vehicle as quickly and efficiently as possible
all these points must be answered in full. You must also
provide proof of ownership/Legal title to the vehicle. Engine,
chassis number and “date first registered” in
the UK must be shown on the Entry Form.
Even if the vehicle
is to be “sold as seen” you
must complete all the sections relating to Insurance, Total
Loss, Re-registration or changed registration number. If
there is an outstanding hire purchase agreement on the vehicle,
you must show the details in the box provided, stating whether
or not you wish Manheim to settle the outstanding hire purchase
from the proceeds of the sale. If you don’t want us
to settle the agreement for you, then we will hold the proceeds
of the sale until the outstanding balance has been settled.
This is to ensure that the buyer has a vehicle that is free
from any previous finance agreements.
The cheque for the net
sale proceeds (after commission and charges) will be posted
to the name and address shown on the form.
If you are VAT
registered, you will need to record your VAT number in the
section provided, provide evidence of VAT registration if
required, and advise us whether you recovered any VAT when
you purchased the vehicle, thus determining the VAT status
of the vehicle. This will prevent fraud from unscrupulous
vendors.
Once completed, you must sign the Entry Form. Without
your signature we cannot sell the vehicle.
3. Selling Descriptions
To allow us to sell your vehicle as best we can, the description
of your vehicle needs to be as accurate as possible. If you
have any significant extras and/or full service history,
these should be noted, as they will enhance the value of
the vehicle.
When filling in the Mechanical Condition Section
of the Entry Form, you must describe your vehicle in one
of the following ways:
No major mechanical faults
• Specified
faults i.e. any faults with the engine, gearbox, clutch,
brakes, steering, transmission
• Sold
as seen i.e. with all its faults and without warranty
If you have selected an end of sale trial, the purchaser
has up to one hour after the end of the auction to query
the description of the vehicle and any faults not disclosed
by you. The Auction Centre Manager will investigate these
immediately, and if in agreement with the buyer, the Auction
Centre Manager will contact you to negotiate an adjustment
to the price to cover fixing the fault. In extreme circumstances
the Auction Centre Manager can authorise a cancellation of
the sale. If you are in any doubt as to the mechanical condition
of your vehicle, we would advise you to ask for our Assured inspection.
All
vehicles over 5 years old or with an auction value less than £1,000 are automatically “sold as seen”.
In this instance, no complaints can be entertained from the
buyer.
Odometer Readings
Once you complete the Odometer Reading on the Entry Form
you must then state whether the reading is correct or incorrect.
Penalties for misdescription can be severe, with prosecution
through the courts. You should not state that the reading
is correct unless you are absolutely sure and have evidence
to support it.
Reserve Price
You must decide on a reserve
price and write it in the box provided on the Entry Form.
If you need any help in this matter then one of our senior
auction staff will be happy to help. Once the reserve price
has been set, we cannot sell your vehicle for less than that
figure without your consent.
Reserve Prices cannot be set on any vehicle over 8 years
old or where the selling price is likely to be less than £1,000,
unless otherwise agreed by the Auction Centre Manager.
Provisional Sales
If you are present at the sale, we’ll ask you to stand
to the side of the auctioneer’s rostrum. If a bid is
received that is close but not quite the reserve price the
auctioneer will ask if you are happy to accept that bid.
If you are unable to attend the sale and a provisional bid
is taken, the Provisional sales clerk will contact you for
instruction. In either case, you have the option of accepting
the highest bid or asking the clerk to secure a higher offer.
The clerk may be able to negotiate a price that is satisfactory
to both parties. This is called a Private Treaty Sale, and
differs from an outright sale under the auctioneer’s
hammer. 80% of vehicles at Manheim Auctions are sold first
time out, however you always have the option of holding on
to your vehicle and re-offering it at a later date (further
charges may apply).
Payment
Your cheque for the sale proceeds, less our commission and
charges will be sent to you, usually 5 working days after
the sale. Please make sure that the name and address details
are clearly written on the Entry Form.
Notification to DVLA Swansea
If you have the new book style (V5c) or 3-part vehicle registration
document (V5), then simply give it to us when you bring the
vehicle or give it to our collection driver. There’s
no need to do anything else, we’ll contact the DVLA
and pass the appropriate section of the form on to the purchaser.
Our Charges
As well as being great value, all our charges are simple,
straightforward and up-front. Please ask at reception or
the cash office for our rates & charges.
Fleet Sales
Manheim have a number of innovative services available
to Fleet sellers. Tailored to suit your individual
requirements we can arrange collection, engineer reports,
valeting, reconditioning and much more. To see what we
can do for you and your fleet, please call our Corporate
Sales Team on 0870 252 0402.
4. Auction centre rules
No lectures here. Just a few of the rules we ask you to
follow when you’re at the auction:
• Children
under the age of 14 are not allowed at the auction unless
supervised at all times by an adult.
• You
must be 17 years of age or older to purchase a vehicle.
Proof of age may be required.
• Please
do not walk between moving or marshalled vehicles.
• Unauthorised
persons cannot start up or drive any vehicles entered into
the auction.
If you have any further questions about selling at Manheim
Auctions, for private sellers, please call your nearest Manheim Auction Centre or, for any other vendors including fleets, manufacturers and dealers, please call 0870 252 0430.
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