Manheim / Auto auction access

Damn thats crazy, what regular buyer can win against that?

You cant win however if your looking for E46 or older 5 series or older BMW in general you stand a chance at a solid wholesale purchase price because these models are to old for CPO and new car dealers are not bidding crazy on them. The older iron is not typically found at Manheim however because most of their cars are lease end, program (rental), or repo's from big time finance arms. BMW Credit, Toyota Motor Credit, Chase Auto etc.

Originally Posted by overheadvalve

You can win however if ...

(Fixed?)

I would not say fixed. Manheim is an important part of the dealer network inventory supply. Most all finance arms run lease end, rental, repo's, inventory overstock, through Manheim. These are the same finance arms dealing with the dealers multi-million dollar floor plans. If say a BMW dealer has a Ford Franchise then that dealer can attend a Ford Motor Credit Dealer Only auction and bid on cars. The purchase goes directly on the floor plan the dealer may have set up with FMC. Manheim is pretty much a new car dealer game. Very protected and not a ton of older cars to pick over for the used car dealer. These cars tend to end up more a the local auctions, Copart, etc. It's not fixed it's just the finance arms outlet and you have to be associated with the finance arm to attend the Model Only/Dealer Only auctions. I know mid to high line used car dealers who cant touch a BMW at Manheim bidding against BMW dealers who get the finance incentives and intend to CPO the cars. But again, we are talking about very late model BMW's. Not a 10 year old E46.

Very interesting information, I honestly did not know that manufacturers had dealer only auctions. I guess the Infiniti salesman wasn't lying after all.

I have access to manheim auto auction my fathers a car dealer

Originally Posted by overheadvalve

I would not say fixed. Manheim is an important part of the dealer network inventory supply. Most all finance arms run lease end, rental, repo's, inventory overstock, through Manheim. These are the same finance arms dealing with the dealers multi-million dollar floor plans. If say a BMW dealer has a Ford Franchise then that dealer can attend a Ford Motor Credit Dealer Only auction and bid on cars. The purchase goes directly on the floor plan the dealer may have set up with FMC. Manheim is pretty much a new car dealer game. Very protected and not a ton of older cars to pick over for the used car dealer. These cars tend to end up more a the local auctions, Copart, etc. It's not fixed it's just the finance arms outlet and you have to be associated with the finance arm to attend the Model Only/Dealer Only auctions. I know mid to high line used car dealers who cant touch a BMW at Manheim bidding against BMW dealers who get the finance incentives and intend to CPO the cars. But again, we are talking about very late model BMW's. Not a 10 year old E46.

maybe out in iowa, but not bordentown manheim. with the exception of retailers, it's pretty easy to get anything your looking for within reasonable mmr

Originally Posted by overheadvalve

I would not say fixed...

Ahh... You wished to say... "You can't win. (period - start new sentence) However if you're.....

Got it. Sorry.

can anyone PM me access to manheim just to see whats going on over there? I have too many cars in mind to ask someone to look it up for me.

I have access...what ya need?

Originally Posted by Herbalicious

I have access...what ya need?

Herbalicious....I need info on used 2008 BMW M5 coming off lease as well....can you help?