ATLANTA – Total Resource Auctions saw record-breaking sales activity during its first two Hertz Super Simulcast Sales. A recent sale, held Oct. 12, was the second of six nationwide biweekly sales that will be held for Hertz, one of Manheim’s largest customers, this year. The first sale, held Sept. 28, marked the first time Total Resource Auctions hosted a multi-location Manheim Simulcast event for Hertz.
Combined, the Hertz Super Simulcast Sales offered 222 damaged and disabled vehicles, 158 of which were sold. Record-level online activity contributed to the success of the sales, as 97 percent of the vehicles sold were purchased remotely via Manheim Simulcast. Bidders from 21 states placed a record 3,112 bids and 168 proxy bids during the sale.
“We were happy with the results of both sales in terms of percent of units sold and sale price, as well as the ease of selling these units online,” said Joe Alesandro, director of field and car sales maintenance operations for Hertz. “These sales are part of a six-sale test run for Hertz, which for years has kept stringent procedures regarding how we handle and remarket our salvage vehicles.”