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← Newsroom/Industry

New technology aims to lift fleet asset returns and buyer confidence

Compiled by ADME Newsroom from 1 source

First reported by Fleet Auto News · 6 August at 3:30 pm

Who's covering this — 1 article

Industry trade
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Image: Fleet Auto News

The quick read

Full coverage

Fleet Auto News·Industry trade·6 August at 3:30 pm

New technology aims to lift fleet asset returns and buyer confidence

Manheim Australia is introducing new vehicle imaging, scanning and auction technology designed to give buyers a clearer view of vehicles before they bid. For fleets disposing of passenger vehicles,…

Read at Fleet Auto News →

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The quick read

  • Manheim Australia is introducing new vehicle imaging, scanning and auction technology to give buyers a clearer view of vehicles before they bid
  • The technology aims to lift fleet asset returns and buyer confidence
  • The new technology is designed for fleets disposing of passenger vehicles
  • The technology will provide buyers with a clearer view of vehicles before they bid

For dealers: This matters to Australian dealers because it can help increase buyer confidence and potentially lead to higher prices for used vehicles

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The introduction of new vehicle imaging, scanning and auction technology by Manheim Australia has the potential to significantly impact the used car market, particularly for fleets disposing of passenger vehicles

What it means for used car pricing

With the ability to provide buyers with a clearer view of vehicles before they bid, dealers can expect to see an increase in buyer confidence, which can lead to higher prices for used vehicles

The technology can also help to reduce the risk of disputes over vehicle condition, which can be a major factor in determining the price of a used vehicle

The impact on fleet sales

Fleets disposing of passenger vehicles will be particularly affected by this new technology, as it will allow them to get a clearer picture of the vehicles they are buying, and make more informed decisions

This can lead to increased competition for dealers, as fleets will be able to make more competitive bids on used vehicles

Taking action