£3 million Mercedes-Benz sale at Manheim Auctions, Leeds

2^nd September 2011

The latest Mercedes-Benz closed sale at Manheim Auctions, Leeds was buzzing with buyers last month as 143 Mercedes-Benz and smart vehicles were offered for sale. The sale attracted almost the entire Mercedes-Benz franchised dealer network and generated £3 million with an average selling price of £21,588. Overall values for the sale were 111% CAP Clean and 108% Glass’s Guide.

Star performers on the day included a 2010 A-Class A180 Avantgarde SE 5-door with 15,000 miles which achieved 122% CAP Clean, a 2009 C-Class C220 CDI Sport saloon with 29,000 miles which achieved 121% CAP Clean, a 2009 smart Fortwo CDI with 11,000 miles which achieved 120% CAP Clean and a 2010 B-Class B160 SE CVT 5-door with 12,000 miles which achieved 107% CAP Clean.

Barry Peat, Head of Used Car Remarketing, Mercedes-Benz UK Limited said:

“We are absolutely delighted with the performance of the whole of the Mercedes-Benz and smart product range and the strong attendance, especially at this time of year. Given the challenging market conditions a conversion of almost 100% and an overall result against CAP Clean of 111% and against Glass’s Guide of 108% was a tremendous outcome from our closed auction. The team at Manheim Auctions, Leeds once again delivered an excellent sale for Mercedes-Benz and should be congratulated.”

James Leese, Sales Director, Manufacturer Remarketing Services, Manheim added:

“We are very pleased with the success of this latest closed auction at Leeds, especially in these challenging times. Manheim’s continued partnership with Mercedes-Benz enables us to ensure that its vehicles are presented in an environment appropriate to their status and ensures its remarketing objectives continue to be achieved.”