Rev up your profits with this extended deal from BoI UK and Manheim!

Driving towards a successful partnership: Bank of Ireland UK (BoI) and Manheim Auction Services have solidified their collaboration for the next three years. This alliance ensures that Manheim will continue to play a pivotal role as the primary remarketing partner for BoI in Great Britain. Let’s delve into the details of this extended partnership and how it will benefit both parties moving forward.

• Up to 4,000 vehicles are slated to undergo remarketing through Manheim’s auction lanes annually as part of this renewed agreement. Marshall Leasing, a division of BoI UK, has significantly expanded its fleet to 13,000 vehicles since its acquisition by the bank. This collaboration with Manheim promises a seamless process for de-fleet logistics and remarketing services, ultimately supporting Marshall Leasing’s growth and customer service objectives.

• Greg McDowell, the Managing Director at Marshall Leasing, emphasized the significance of the enduring relationship between the companies. He highlighted Manheim’s extensive national presence and the diverse options offered through online and physical auctions as key factors in extending the contract. Liam Quegan, Managing Director, Wholesale at Cox Automotive, praised the partnership renewal as a testament to Manheim’s ability to foster long-term relationships and deliver exceptional remarketing outcomes.

• The new agreement outlines that Marshall Leasing’s cars will be auctioned at Manheim’s Manchester and Bristol sites, while vans will be sold at Colchester, Gloucester, Shepshed, and Haydock. This strategic placement of auction sites ensures efficient and effective remarketing processes for BoI UK’s vehicle fleet.

As Bank of Ireland UK and Manheim Auction Services embark on this extended journey of partnership, the collaborative efforts are poised to yield mutual benefits and reinforce the commitment to providing top-notch remarketing services. This reaffirmed alliance showcases the trust and confidence both parties have in each other’s capabilities, setting the stage for continued success and growth in the dynamic automotive industry.