Anyone have any reliable info on recent QP Manheim auction activity?
MY Date Auction Sale Type Price Mileage Cond Color Eng Trans In Sample 2008 4/17/2009 MANHEIM Lease $79,500 8,157 Avg BLACK 8G A Yes 2006 4/17/2009 MANHEIM Regular $41,750 11,398 Avg GREEN 8G A Yes 2005 4/17/2009 MANHEIM Regular $38,000 41,976 Avg BLUE 8G Yes 2006 4/14/2009 FAAO Lease $44,500 27,885 Avg SILVER 8G A Yes 2006 4/14/2009 FAAO Regular $41,200 25,263 Avg SILVER 8G A Yes 2006 4/14/2009 FAAO Lease $40,500 36,587 Below SILVER 8G A Yes 2007 4/9/2009 RIVRSIDE Lease $60,000 16,414 Avg SILVER 8G A Yes 2005 4/9/2009 RIVRSIDE Regular $38,250 27,518 Avg BLUE 8G A Yes 2006 4/3/2009 DALLAS Regular $45,600 12,828 Above GREY 8G A Yes 2006 4/2/2009 MANHEIM Regular $45,250 28,551 Above BURG 8G A Yes 2006 4/2/2009 MANHEIM Regular $41,500 22,998 Avg BLACK 8G Yes
Wow...the price of the '08 is surprising considering I just retailed a new '08 for $84,900 and have another new '08 for sale @ $89,900.
Manheim prices don't always make sense. Sometimes exporters will pay top $ and their only resource is Manheim, they don't ever take into consideration a dealer may cut them a better deal. Other times its dealers buying cars for personal use. Boardwalk Ferrari used to take their Ferraris & Maseratis to Manheim on a few occasions their cars were bid on substantially high.
I hadn't thought about the exporter route but I have seen many a dealer scoop up a nice car for their personal use at auction.