Santander Signs New Three-Year Solus Contract With Manheim Auctions

AUTO CENTRAL – January 7, 2009: Santander Consumer Finance has signed a new three-year solus contract with Manheim Auctions until December 2011 for the remarketing of up to 10,000 vehicles through Manheim’s auction centres in Bristol, Colchester, Rotherham and Washington. Manheim has a long and well established relationship with Santander and this new three-year solus contract includes reconditioning, valeting and the full range of auction services including Simulcast.

Vik Hill, Managing Director of Santander Consumer Finance said: “The signing of a new three-year solus contract with Manheim Auctions is in recognition of the growing relationship with the company and the consistent quality of service provided. These are difficult times and I have every faith in Manheim’s ability and experience in ensuring the successful implementation of our remarketing strategy.”

Martin Potter, Fleet Sales Director, Manheim Auctions added: “I am delighted that Santander Consumer Finance has committed to another three years on a solus basis. The economic climate makes it even more important for companies to have a credible and robust remarketing strategy and I believe that Manheim is in the best position to implement such a strategy.”