Manheim Thailand

There are many benefits provided to participants in the auction process, including:

• Pricing Distinct from Volume. Auctions can move large volumes of vehicles without depressing prices.
• Critical Mass of Buyers and Sellers. As auctions have become larger and more efficient, they have been able to bring together the needed number of vehicles and buyers to achieve market values for vehicles and ultimately establish a national used vehicle marketplace.
• Credible Pricing. Auctions give the industry an objective view of what vehicles are worth in the marketplace.
• Internet Applications. Auctions have embraced Internet techno logies to increase efficiency and offer additional services to both buyers and sellers.
• Process Integrity. Auctions have employed information technology and a strong code of ethics to help eliminate odometer rollbacks and title laundering. Standards for frame damage and condition reports have also become more consistent industry-wide.
• Reconditioning Value. Most auctions have state-of-the-art reconditioning facilities that enable sellers to maximize total return on investment.
• Affordable Participation. Auction fees, as a percentage of vehicle selling prices, have gone down during the past ten years.
• Compliance. Customers who buy vehicles from Manheim can do so knowing the transaction is in full compliance with all Thai regulations.