Manheim announce partnership deal with Thurlow Nunn

Manheim, a division of Cox Automotive, the world's largest automotive services business, has today announced a deal with Thurlow Nunn.  
 
The partnership will see the leading vehicle auction company remarket up to 16,000 part-exchange vehicles for Thurlow Nunn over four years on a sole supplier basis.The vehicles will be sold at weekly auctions through Manheim's Colchester centre. 
 
Thurlow Nunn is one of the UK's largest Vauxhall dealer groups. Operating from 13 sites, the group covers the Norfolk, Suffolk, Cambridgeshire, Buckinghamshire and Bedfordshire regions. 
 
The dealer group will also benefit from Manheim's 'Seller Advance' system, which provides accurate real-time valuations direct to forecourts to help salespeople offer the most competitive and profitable part-exchange prices. It can also provide dealerships with cash advances to aid working capital and business growth, with differences between valuations and final auction sale prices settled after the actual sale.
 
Peter Bell, MD Manheim, said: "This is a great moment for Manheim and I'm very proud of my colleagues who worked hard to secure this new partnership agreement with Thurlow Nunn.
 
"We have unrivalled experience and breadth of capability in the marketplace and look forward to working with the team at Thurlow Nunn over the next four years."
 
Simon Bottomley, Chairman and Group Managing Director, at Thurlow Nunn, said: "Following a rigorous process, we were impressed by the size and experience of Manheim in remarketing part-exchange vehicles. Using Seller Advance also allows us to ensure we operate the most efficient service possible, for our business but also for our customers. We are looking forward to working with Manheim and benefitting from the results we know they can provide"
 
The first weekly auction of part exchange vehicles for the dealership network will take place on 17 May at Manheim Colchester.