Vehicle Remarketing Logo

Manheim Financial Services Celebrates Milestone

ATLANTA – Manheim Financial Services (MAFS) achieved a significant milestone on Dec. 31, securing one million new vehicle floor plan originations in 2007, a first for Manheim's financial services arm.

by Staff
February 7, 2008
2 min to read


ATLANTA – Manheim Financial Services (MAFS) achieved a significant milestone on Dec. 31, securing one million new vehicle floor plan originations in 2007, a first for Manheim’s financial services arm.

To celebrate, MAFS leaders traveled to Manheim Nevada to personally reward the buyer of the one millionth unit with the vehicle he was purchasing.

Ad Loading...


“If I could sum up my experience with MAFS in one phrase, it would be ‘tremendously easy’,” said Rabbit Downward, inventory control manager for Executive Car Sales, Inc., in St. George Utah. “I travel across the western part of the country to purchase vehicles and deal with a variety of companies. When I shared this with the MAFS team, they immediately sold me on MAFS as a one-stop solution. I can call Katie Louk and the MAFS team at Manheim Nevada with any questions and they respond immediately. My business has grown as a result of our partnership.”

Executive Car Sales was awarded the car, a 2002 Honda Accord. Executive Car Sales has been a longtime user of MAFS.

“This accomplishment is a reflection of our customers’ trust in us and the hard work by every MAFS employee. I am grateful for everyone’s dedication to this goal and the energy that was put into making it a success,” said Kathy Decker, vice president and general manager of MAFS. “MAFS reached several milestones in 2007, but having our customers’ select us in such a big way for their financing needs is one we are most proud of.”

MAFS is also celebrating 15 years of operation this year, and a variety of activities are in place to support this milestone.

MAFS offers a range of financial services, such as inventory financing for independent car dealers, wholesalers and rental dealers, as well as insurance services and a receivables funding program to more than 19,000 franchise and independent car dealers onsite and at 120 NAAA independent locations throughout North America.

Ad Loading...


Dean Massi (Regional Sales Manager, West Region),Scott Cary (Regional Manager, West Region), Katie Louk (MAFS Manager), Rabbit Downward (Buyer), Todd Vowell (Owner, Executive Car Sales 984312), Ben Critchfield (Sales Manager), Dan Thomas (GM)



Topics:Operations

More Operations

Image of three award winners at 2026 CAR
Operationsby Faith HowellMay 6, 2026

2026 CAR Awards Celebrate Industry Excellence

CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.

Read More →
A man standing in front of transparent tech screen with a the outline of a delivery truck.
TechnologyMay 1, 2026

The Predictive Pivot: How AI and Data Are Redefining Auto Logistics in 2026

AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those that use manual workflows or take a wait-and-see approach.

Read More →
collage of conference speakers
Operationsby Chris BrownApril 30, 2026

CAR 2026 Recap Part 2: Closing the Gap Between Data & Remarketing Value

The second half of CAR 2026 examined how fleets can translate lifecycle strategy, vehicle data, and market shifts into higher real-world results.

Read More →
Ad Loading...
Collage of CAR speakers
Used Vehicle Valuesby Chris BrownApril 27, 2026

CAR2026 in Two Words: Velocity, Value (Part 1)

The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.

Read More →
Graphic promoting CAR 2026 roundtables featuring headshots of five speakers and topics including Wall Street trends, fleet data, upfits, fair market value, and AI in remarketing.
Operationsby Chris BrownMarch 31, 2026

CAR 2026: Get the Wall Street Update on the Key Players in Remarketing

From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.

Read More →
Promotional graphic for CAR 2026 panel on data-driven value in commercial vehicles, featuring five industry experts and session details for April 16 in Cleveland.
Fleetby Chris BrownMarch 31, 2026

CAR 2026 Session to Uncover the Missing Data That's Costing Fleets at Disposal

Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.

Read More →
Ad Loading...
A rental car rolling through a UVeye overhead vehicle inspection terminal.
Operationsby News/Media ReleaseMarch 13, 2026

TSD Mobility, UVeye Partner On Automated Vehicle Inspections

The enhanced technology allows rental car operations, dealerships, and auctions to compare a vehicle’s condition at pickup and drop-off within the same rental or loaner record.

Read More →
Graphic promoting a CAR 2026 conference session showing four speaker headshots above the title “What Really Moves Vehicle Value Now — And What Doesn’t” with automotive conference branding
Operationsby Chris BrownMarch 11, 2026

CAR 2026: What Really Moves Vehicle Value Now — And What Doesn’t

A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.

Read More →
A collage of two photos of day cab trucks above a checklist for maximizing resale values.
Used Vehicle ValuesMarch 1, 2026

How To Maximize TCO and Resale Value in Day Cab Fleets

Smart operational and spec'ing decisions can dramatically improve both the total cost of ownership during use and the resale value when it's time to remarket day cabs.

Read More →
Ad Loading...
Image of rows of cars and a shopping cart.
Used Vehicle Valuesby Chris BrownMarch 1, 2026

How to Drive Better Returns on De-Fleeted Vehicles in 2026

Smart remarketing begins before vehicles enter the fleet, and is built on strong data and stronger FMC partnerships.

Read More →