FI showroom red and grey logo
MenuMENU
SearchSEARCH

Mercedes-Benz Financial Services Moves Two Live Auctions Online

Mercedes-Benz Financial Services announced it is converting its Manheim Milwaukee and Manheim Dallas-Fort Worth live auction sites to exclusively online highline sale auctions.

by Staff
November 1, 2011
2 min to read


FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services (MBFS) announced it is converting its Manheim Milwaukee and Manheim Dallas-Fort Worth live auction sites into online highline sale auctions.

“This is a great time to test a different business model in remarketing with internet sales,” said Joe Bedwell, national auction manager for MBFS. “Studies show that 65 percent of buyers in franchise and independent dealerships are ‘completely likely’ or ‘very likely’ to bid or buy via a mobile device. It is obvious that the methods for researching and purchasing vehicles are changing.”

Ad Loading...

The company will start with exclusive online highline auctions at the Manheim Milwaukee via simulcast at 1 p.m. Central on Nov. 4. Online auctions will take place every two weeks on Fridays with approximately 100 late model Mercedes-Benz vehicles available for bidding, according to MBFS. These MBFS sales are independent of any other sale and will take place exactly two days after the regularly-scheduled high line auction.

Online sales for the Manheim Dallas-Fort Worth will take place every four weeks on Wednesdays at 1 p.m. Central, starting Nov. 16, followed by Wednesday, Dec. 14. The volume at these sales is expected to be approximately 175 late model Mercedes-Benz vehicles, according to MBFS.

As dealership operations have become leaner in recent years, dealers realize that it is more efficient to have the pre-owned manager working in the dealership than on airplanes traveling to different auctions to stock pre-owned inventory, Bewell said.

He added that MBFS will institute a 100 percent satisfaction guarantee on all internet purchases, giving the dealer who purchases from one of these online auctions 14 days to notify the auction of any concerns.

“We have one MBFS employee at each location who validates 100 percent of the condition reports and disclosures,” Bedwell said. “As a result we are able to assure the dealers that the condition report is accurate and they will be happy with the purchase or we’ll take it back.”

Ad Loading...

MBFS will continue to make national inventory available to dealers to purchase in a special live online auction every Tuesday through Manheim Auto Auction’s OVE.com, which it has been participating in since March 2009, according to the company.

“Like many of our customers, Manheim’s future is digital as much as physical. We’re excited about partnering with Mercedes-Benz to meet their dealers changing needs for acquiring used vehicle inventory,” said Nick Peluso, senior vice president, customer management for Manheim.

More Auto Finance

Photo of document next to calculator and inkpen
Auto FinanceJuly 20, 2026

Dealerships Are Paying the Price for Extended Car Loans

Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.

Read More →
silver car in background with hand in front holding out a set of keys, Trade-In Trouble, F&I and Showroom
Auto Financeby Lauren LawrenceJuly 20, 2026

Trade-Ins in Negative Equity Reach New Heights

As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.

Read More →
Two men in suit jackets shaking hands in front of a new-looking white vehicle
Auto Financeby Hannah MitchellJuly 15, 2026

Auto Credit Plentiful

June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Auto Financeby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Three men smiling for headshots
Auto Financeby Lauren LawrenceJuly 1, 2026

Porsche Financial Services Shifts Structure

After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Ad Loading...
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Photo of man holding a car key
Auto Financeby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Photo of a white toy car next to piles of coins
Auto Financeby Hannah MitchellJune 8, 2026

First-Quarter Sees Long Auto Loan Growth

Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.

Read More →
Ad Loading...
Assurant, Mastering Credit Friction, Sales Series, Expert Trainer Josh Krach
Auto FinanceMay 29, 2026

Mastering Credit Friction

In this video, Josh Krach explains how to turn credit friction into an advantage.

Read More →