After a successful pilot program, Manheim announced today its seller-focused mobile app Manheim Express is now available nationwide.
The app is free to download on Apple, and will be coming to Android later in the fall. The company shared that as upstream and digital sales channels continue to become more prevalent in the industry, Manheim Express follows this trend, allowing dealers to appraise and list vehicles in any channel.
"We are enabling the future of the wholesale remarketing industry by launching Manheim Express nationwide today," Grace Huang, president of Cox Automotive inventory solutions said.
"During the pilot phase, we heard great feedback from dealers who experienced the immediate impact that using Manheim Express brings to their dealership. This app offers the industry's only wholesale Guaranteed First Bid SM and 360-degree imaging, which are huge benefits to dealers who need to turn inventory quickly,” she continued.
Here’s how it works. After completing a few steps in the Manheim Express mobile app, Manheim shared “dealers have all of the information they need to evaluate a vehicle.”
Then, dealers can decide to take a Guaranteed First Bid, list the vehicle in the Manheim Marketplace, order an inspection or consign it to a Manheim operating location.
The app, which allows dealers to list and sell inventory right from the palm of their hands, has been tested heavily through its eight-market pilot and NADA 2018 debut.
During the pilot, Manheim Express was downloaded by over 1,600 dealers, and over 2,500 VINs were scanned in order to see the vehicle's value from Manheim Market Report, AutoCheck Snapshot vehicle history report data, and manufacturer build data (when available).
Further, during the pilot, Guaranteed First Bid offers were extended over 400 times, and dealers created over 200 listings, which Manheim pointed out include 360-degree walkaround images on OVE in the Manheim Marketplace.
When asked about Manheim Express during the pilot, Michael Dufour, sales manager, pre-owned, Weseloh Chevrolet/Kia in Carlsbad, Califf., said, "I think Manheim Express will impact our business. We will be able to get our vehicles up for sales faster, wholesaling them faster, which will help in relation to book values and getting the most for our vehicles."
Manheim Express is one of several solutions that are being integrated into the Manheim Marketplace, comprised of OVE, as well as OEM-specific marketplaces.