Find and Buy
Seller Advance
 

A unique pre-evaluation and upfront payment system designed to give the advantages of auction returns without the stress of predicting the outcome.

Seller Advance

From sale to disposal in 5 easy steps.

Tough times call for innovative solutions

Do you often feel at the mercy of traders? Have you lost deals because you have to rely on traders to get back to you with valuations? Are they inconsistent, choosy and unreliable? Is your cash flow hampered because you have to wait for traders to pay out on your vehicles?

You're not alone. And Manheim Auctions recognises that we can help. That's why we've developed Seller Advance an exclusive trade service that has been developed to provide an end-to-end valuation and disposal process that is managed and transparent.

Instant Valuations using real-time Market Intelligence

We know that not everyone has experience of valuing vehicles and may find the process daunting. What's more, customers may lose confidence in your sales staff if they have to wait for traders to call back - you could be losing sales by not being able to value part exchanges on the spot. With Seller Advance you can instantly value part exchange vehicles using real-time data and actual condition reports. Seller Advance has been designed to be quick and easy but we've also designed a full training programme to support you on an ongoing basis and you'll have access to a professional valuation team.

Cash in the bank - now!

What's more, when you've agreed the valuation and secured the deal, a few clicks of the mouse sends the vehicle to auction without unnecessary paperwork. Once inspected, we'll advance the full valuation, via BACS, improving your cash flow and stocking days instantly. No need to wait for cash, or the auction to happen. Payment authorised to you the next working day.

Seller Advance in 5 easy steps

  1. Instant Valuation: At the negotiation stage, the dealer appraises the part exchange and obtains an accurate Seller Advance online valuation. The deal is concluded and if the incoming vehicle is not to be retailed, a projected delivery date is entered into the system.
  2. Minimal Paperwork: Once the part exchange vehicle has arrived at the dealer, a few more clicks of a mouse and the vehicle is automatically "pushed" to auction - no need for any other time-consuming paperwork such as completion of collection forms.
  3. Maximising Sales Values: The dealer sets the reserve price on the vehicle, selects any other pre-sales service and takes advantage of nationally branded auction programme.
  4. Cash in the Bank: When the car arrives at Manheim Auctions it is inspected to ensure accurate description and a BACS payment for the full valuation amount is immediately paid to the dealer the next working day.
  5. Rapid Reconciliation of Funds: When the vehicle is sold, the difference between Manheim Auctions' advance payment and the price actually achieved is reconciled within one week.

The Seller Advance difference

  • Based on the VRM look up process for accurate vehicle identification
  • Rapid and accurate valuation of part-exchange vehicles, based on real-time data and actual vehicle conditions
  • Instant valuations, allowing deals to be closed and minimising lost custom
  • Eliminates wasted sales staff time negotiating with traders or thumbing through guides
  • Automatic push to auction, cutting down on paperwork and speeding up the process
  • Rapid and guaranteed payment, improving cash-flow
  • Reduces over age stock profile by quick disposal of trade vehicles
  • Reconciliation of funds within one week of sale
  • Supported by regular reporting and ongoing training
  • Brings transparency and consistency to dealer trade activity
  • Valuation and price performance is monitored and analysed using Manheim's market leading reporting systems

For more details, please contact Sales Support on 0844 856 4545