Following a trial, the Westover Group has adopted Seller Advance, Manheim Auctions’ valuation and up-front payment service.
The Westover Group is an independent dealer group representing 12 manufacturers across 20 locations in Dorset, Wiltshire and Hampshire.
More than 90 dealers have now signed-up for Seller Advance since its launch in the middle of last year.
“The quality and consistency of the valuations provided by Seller Advance has been very important and has helped us to make a seamless transition from trading to using auctions for our remarketing activities throughout the Group," said Paul Dillon, group operations director, Westover Group.
"Seller Advance has enabled us to monitor vehicle appraisal standards throughout the Group and we have been very impressed with the service levels provided by Manheim Auctions at Wimbledon.”
Neil Hodson, dealer sales director, Manheim Remarketing added: “Seller Advance gives dealers much more than an accurate part exchange valuation. It was created to address the needs of small to medium-sized dealers in particular as it takes the hassle out of the part exchange process, guarantees their cash-flow at a crucial time and significantly improves the level of management information and control.”
Seller Advance uses a valuation engine which provides 95% of requests with an instant valuation based on real-time data updates direct from Manheim Auctions.
The valuation engine has consistently returned values with less than a 3% margin of error and has proved vital to dealers in recent unusual market conditions.