A dealer I sell a lot of cars to at the auction every week called me  in reference to a problem that the post sale department said they wouldn’t help him with because he was over the time line by a day even though he paid for the post sale and  the car lost at the auction for a week.  As usual the auction tells him to call me because “they can’t help him but Hollenshead will” (!@#$%^&*()_)(*&^%$#@!). 

In the process of sorting out the problem, which could have been taken care of in a second at the post sale level, he told me he is a Buying Center  with the Trade in Marketpklace.   He thanked me for taking care of his issue and asked what we have to do with the Trade in Marketplace.  I told him that we our company designed, built and operates it.  He told me that is better than sliced bread and that he is buying 50-70 units per month and

Hollenshead Auto Sales

Questions regarding Manheim Pennsylvania pre-sale lists should be directed to:

Dealer Services 
Phone: (717) 664-5772; E-Mail: maa.internet@manheim.com

As of 4AM today we have nailed down the sale for this week and we are ready to set sail.  There are 730 units this week, coming off a week where we sold 850 units sold and looking for a monster next week, it’s almost like there is a factory making the wholesale units dealers want.  As you know there is no factory, just us nuts working 25 hours a day, running Trade in Marketplace and producing more fresh, desirable, first time to the market cars at auction then anyone in North America or in  history.

  As crazy as it seems, week in and week out, year in and out, decade in and out dealers find it to be way more profitable for them to sell us their trades and stay current and clean, then to try to do what we do.  We don’t do what they do, retail cars.  We stopped that 42 years ago.  We wholesale and do it in the purest sense of

I have to thank all of you guys that came in and joined us on simulcast.  There were 540 dealers that joined on line and hundreds over the course of the day in the lanes.  Thank every one of you for showing me the respect of participation.  We sold $10,000,000 in total rev for the day.  I have to admit I was worried you guys didn’t know about the sale and we wouldn’t have the critical mass to create the energy that an auction needs.  The concern proved to be a brainfart and you came and we sold.

As you all could see, we were able to do what we always do, sell them all.  There were a handful of cars that didn’t get out of recon and a few we had to keep for tomorrow, but we actually sold more cars today than the entire sale last Tuesday.  We sold 97% at a tick under what we normally sell as far as average MMR retention.  With almost no notification and near

I am just getting ready to go to the auction and I am thinking about things, like things.  I am going to buy and sell 900 cars this week, close to a record for me.  I am thinking about where the buyers are from, market regionality, CRs, arbitration, post-sale inspections fees, auction fees, the amount of working cash necessary,  technology, and transportation.  Man, it’s amazing how the game has changed over the past ten years compared to the prior 32 years I have been in the wholesale business. 

In my opinion it is just the beginning.  Cost of acquisition is overwhelming so that process will change.  The inefficiency of static wholesale listings is so bad that will change as well justy like the eBay craze came and went in a short period, so will the insanity of listing 100 cars to sell 3 due to sellers unwilling to sell at market value and buyers overwhelmed