Manheim DRIVE Center Hosts First-Ever "Hundred Grander" Sale

ATLANTA December 21, 2006; Manheim DRIVE Center hosted its inaugural "Hundred Grander" sale on December 12. The event featured more than 35 vehicles from consignors including Maserati North America and BMW North America and were valued at above $100,000 each. More than 45 percent of the vehicles offered at Manheim DRIVE were sold at an average selling price of $120,500.

The sale marked the first time that Manheim hosted units for Maserati North America, which sold eight of 11 vehicles at Manheim DRIVE and the remaining at Manheim's Atlanta Auto Auction's Exotic Highline sale held the next day. More than 50 buyers participated via Manheim's Simulcast, and more than 20 participated in the sale at Manheim DRIVE Center in Stockbridge, Ga.

"Manheim DRIVE is the perfect place for a Hundred Grander sale," said Karen Braddy, Manheim director of product management - Heavy Trucks, Highline and Specialty. "The state-of-the-art facility is an ideal spot to offer these classy, highline vehicles. Dealers enjoy an atmosphere of luxury, comfort, and convenience as they bid on a wide selection of vehicles."

"We were delighted to host our first-ever Hundred Grander sale," said Donald Foy, executive director, Manheim DRIVE Center. "We take great pride in showcasing one-of-a-kind vehicles at our one-of-a-kind facility. Our customers told us they enjoyed visiting Manheim DRIVE and look forward to coming back for future sales."

Manheim DRIVE Center is a facility where innovation, leading-edge technology, and industry experts come together to maximize the value of a vehicle and accelerate the automotive remarketing industry. This highline event and training facility is open to Manheim customers and employees, offering a 180-seat bidding theater, interactive learning labs, and conference and reception amenities. Manheim DRIVE also serves as a testing ground where ideas are exchanged and new tools, technologies, and prototypes are introduced and refined.

The next "Hundred Grander" sale is scheduled for Tuesday, March 13, at Manheim's West Palm Beach Auto Auction.

About Manheim

Manheim is the world's leading provider of automotive remarketing services. Through its wholesale auctions and array of technology products, Manheim impacts every stage of a used vehicle's life cycle, helping commercial sellers and automobile dealers realize the full value of their vehicles.

The company's auction services include reconditioning, certification, inspections, dealer financing, transport, title management and marshaling, among others. Manheim is also the leader in remarketing technology, using its online tools to connect buyers and sellers around the globe to the world's largest, most comprehensive wholesale marketplace. In 2005, Manheim handled nearly 10 million used vehicles - and sold more than 5 million - representing more than $50 billion in value.

Manheim's subsidiary companies provide value-added remarketing products and services, including paintless dent removal (Dent Wizard), Auto Body Repair, and salvage vehicle remarketing (Total Resource Auctions).

Atlanta-based Manheim is a global organization with 32,000 employees at its 140 U.S. and international locations. For more information, visit www.manheim.com.