Manheim wins additional vehicles from Santander
Manheim will be growing its auction programme with Santander Consumer Finance thanks to the business’ success in the Personal Contract Hire (PCH) market.
The major financial services company will now sell 10,000 vehicles per year through Manheim, expanding its well-established auction programmes at Manheim Bristol, Colchester, Mansfield, Washington and Manchester.
Peter Bell, managing director at Manheim, said: “We have worked in partnership with Santander Consumer Finance for more than 15 years, and over that time we’ve established a successful auction programme with a strong buyer following.
“Manheim’s national network of auction centres gives customers the flexibility to grow their remarketing programmes in line with business growth, and we are delighted that Santander Consumer Finance has chosen to increase the number of sales with us each month. The Santander brand has a great buyer following in the auction halls and online, which has led to some fantastic results this year.”
Shaun Deacon, Head of Arrears Management at Santander Consumer Finance, said: “Our strategic relationships with key manufacturers have allowed us to make significant progress in the PCH market.
“We have been delighted with the level of buyer interest across the Manheim sites so far in 2019 and the extension of this sales programme is testament to the strong partnership we share.”