The Car and Truck Fleet and Leasing Management Magazine

DaimlerChrysler Services Offers Online Bidding for Off-Lease Vehicles

February 27, 2003

The remarketing division of DaimlerChrysler Services North America LLC announced new Web-based technological standards to facilitate the remarketing of both Chrysler Group and Mercedes-Benz vehicles. The Mercedes-Benz Credit Dealer Purchase Program Plus (DPP Plus) and the Chrysler Financial Electronic Lease Vehicle Inventory System (Web E.L.V.I.S.) both offer a new virtual inventory of used lease vehicles for dealers buying online. As part of a strategic partnership with Manheim Online, the DPP Plus program is scheduled to rollout nationwide later this month and offers an eBay-like experience to dealers, according to the company. Once the lessor returns a vehicle to the original dealer, it is listed in the DPP Plus virtual inventory. If the grounding dealer chooses not to purchase the vehicle, the car is available for bidding in a closed auction environment by any Manheim Online participating Mercedes-Benz dealer for an additional 48 hours before being made available to all Manheim Online participating dealers. Powered by AutoTradeCenter (ATC), Web E.L.V.I.S. rolled out this month nationwide providing online access to Chrysler Group dealers. Grounding dealerships have an exclusive purchase option before the vehicle is available in a closed auction environment to other Chrysler Group dealers. The auction creates a virtual used-vehicle inventory. If the vehicle is not sold within 48 hours, it is then available to all ATC participating dealers allowing them to research and purchase vehicles online. Both sites offer vehicle condition reports and the bidding process works similarly to a traditional auction. Transportation assistance is also available to the final bidder.
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