BMW has sold its first 197 convertibles with
Manheim Auctions, the automotive services company has
announced.

The sale totalled £3.5 million, with 134
buyers – more than a third of whom used Manheim Auctions’ online
tool Simulcast for their bidding. The vehicles achieved 111.9
percent CAP Clean.

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Over 90 percent of the vehicles were sold to
BMW franchised dealers, Manheim said.

Manheim’s sales director for manufacturer
remarketing James Leese said: “Convertibles are in great demand at
the moment as the strong CAP Clean values achieved and the 100
percent conversion demonstrate.”

“The success of this sale strengthens
Manheim’s relationship with BMW and reinforces Bruntingthorpe’s
flagship status not only within the Manheim network of auction
centres but also within the UK remarketing industry,” he added.

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