ATLANTA, GA – Manheim’s Specialty Auction has created its first-ever tips for dealers considering use of auction sales and released its May auction schedule, it reported in a recent statement.
“Specialty and Heavy Truck and Equipment sales are growing in popularity with dealers,” said Karen Braddy, general manager of Specialty and Heavy Truck and Equipment sales for Manheim. “Our goal is to continue to educate dealers on ways to take advantage of these sales and make it easier for them to locate sale locations.”
Tips for dealers who are considering buying units for the first time:
Call ahead. Auctions often have designated staff to help first-time buyers or sellers register for the sale and understand how the auction works.
Review inventory before auction arrival. Deciding which boats, RVs or trucks to look at before sale day can save time. Dealers can hand-pick what they want to see before they arrive, research prices and make educated buying decisions.
Find out about services. Some auctions offer specialized staffing and services to registered dealers. These services include inspections, reconditioning and mechanical repairs that are designed to get vehicles ready for sale quickly.
Know the benefits. Auction staff can often help dealers understand pricing, the benefits of guaranteed titles and funds, and how they can improve their bottom lines. For sellers, having the right buyers bidding together keeps wholesale prices competitive.
Use online tools. Using online resources like PowerSearch, Simulcast and OVE.com lets dealers do their homework before the sale and prepares them to buy and sell with confidence.
Below is the Specialty sales schedule for May:
Manheim Daytona – May 12, May 20
Manheim Lakeland – May 13, May 20
Manheim Milwaukee – May 13
Manheim DRIVE – May 18
Manheim New York – May 19
Manheim Kansas City – May 20
Manheim Missouri – May 21
Manheim Southern California – May 21, May 28
Manheim Ft. Worth – May 22
Manheim Minneapolis – May 27
Manheim Nashville – May 27
Manheim Tucson – May 27
Manheim Pensacola – May 28
For more tips on using auction services, dealers can look for the feature story, “Auction Items,” to be published in the June issue of Boating Industry magazine.
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