If you're like many dealers, you’re having trouble keeping up with demand for fresh inventory.
The editors over at Transport Topics recently gave us a call to discuss this trend, and you can read about it in detail in their Jan. 10 issue. The bottom line: Auction prices for trucks and heavy equipment are rising because there’s not much inventory to go around. 
Due to economic conditions, fleet owners are keeping existing inventory longer because it’s cheaper than buying new trucks or tractors. Conversely, the number of trade-ins is down, so dealers are more frequently turning to auctions to stock up.
As you’ll read in Transport Topics: At Manheim Heavy Truck and Equipment we’re seeing a significant jump in online bidders as buyers continue to turn to the Internet to expand the scope of their inventory search. We help meet that demand by offering dealers easy, instant access to our “virtual lot,” where they can find constantly fresh inventory from around the world.
That means more immediate choices and less time and money spent on the search. If you’re interested in giving online auctions a try, call us at 1-866-MANHEIM (626-4346) and we can arrange a walk-through of how they work.
Or, if you’re ready to jump right in, you can register as a Manheim dealer and begin to bid and buy online via Simulcast and OVE.com! Learn more by clicking here.
Karen Braddy is the General Manager of Manheim's Specialty and Heavy Truck & Equipment business. She has been with Manheim since 1990, and launched the Specialty initiative for Manheim in 2005.
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