ATLANTA – On Friday, Aug. 31,http://OVE.com, customers purchased more than 800 Hertz vehicles in just six hours — the largest one-day national consignor sale in OVE.com’s history. The sale took place in OVE.com’s midstream marketplace open to customers nationwide, including wholesalers, independent dealers, and franchised dealers.
“I am extremely pleased with the results of the sale. We sold more than twice as many vehicles as expected,” said Dave Stolt, senior director, car sales operations for the Hertz Corporation. “OVE.com and Manheim auction employees worked together to make this event a huge success for us. I look forward to partnering with both teams on another sales event in the future.”
Including the results of the sale, Hertz sold more than 3,000 vehicles on OVE.com in August.
Several thousand vehicles were listed for sale on OVE.com, including 100 percent of on-ground Hertz auction inventory at Manheim operating locations. Vehicles were priced to sell, with some units at discount prices and some units priced for an absolute sale, meaning a sale is ‘bid only’ with no reserve (floor) price.
“We were able to offer our customers access to an incredible selection of vehicles with special pricing through this one-day sales event with Hertz,” said Jim McKnight, Manheim’s president of Online Solutions. “This shows the potential benefits available to commercial consignors when OVE.com and Manheim operating locations work in sync.”