The Car and Truck Fleet and Leasing Management Magazine

Manheim's Simulcast Surpasses $340 Million in Sales

November 06, 2003

Manheim’s Simulcast service – an online system allowing dealers to remotely bid on and buy vehicles while moving through live auction lanes – has generated more than $340 million in vehicle sales since its launch earlier this year.

Manheim currently has Simulcast capability in approximately 273 lanes at 62 of its North American auctions. By the end of the year, it plans to have 300 lanes of Simulcast at 70 auctions. It also plans to add up to another 300 lanes in 2004, bringing the total to an estimated 600 lanes.

Manheim has approximately 60 lanes simultaneously running Simulcast sales on most sale days each week. At the end of October, 51,000 vehicles had drawn bids on Simulcast; 23,000 were sold to online bidders. Manheim predicts Simulcast sales will reach 30,000 in the next two months.

According to Joe Luppino, vice president and chief operating officer for Manheim Interactive, 95 percent of Simulcast users are equipped with high-speed Internet access, providing them with real-time data and audio/video feeds.

Manheim Online, the Manheim Interactive umbrella under which Simulcast falls, currently has 55,000 registered users.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

With total assets of approximately $23 billion in 2016, Element Financial Corporation is one of North America's leading fleet management and equipment finance companies.

Read more

Up Next

More From The World's Largest Fleet Publisher