1) Auctions sell cars to used car dealerships. They take in used cars from dealerships that sold them but the customer couldn't make the payments. Manheim is no different.
2) Buyer Beware. Cox Automotive owns the Manheim Auto Auctions nationwide.
3) Cox Automotive also owns "Kelly Blue Book" (aka "KBB).
Are you kidding me? That's legal? A publication that tells you what the used cars are worth (Good, Better or Best condition) is owned by the same company that owns all the Manheim Auctions across the U.S and beyond? How sneaky and underhanded is that?
How come the U.S. Justice Department doesn't stop companies that try to monopolize the market?
Did you know that Cox Automotive also owns Dealertrack? Many many many dealerships use Dealertrack to complete the paperwork when you buy a vehicles (all the state and local specifics are loaded into Dealertrack so it is convenient for dealerships to use it. It does other things too but this is one of the main reasons people use it.
Google "who owns Dealertrack". Here is what you will find:
Dealertrack is owned by Cox Automotive, a subsidiary of the privately held Cox Enterprises. Cox Automotive acquired Dealertrack in 2015 for $4 billion. It operates as a major brand within their portfolio, which includes other automotive industry leaders like Autotrader, Kelley Blue Book, and Manheim.
They also own www.centraldispatch.com. This is the website where dealerships, auto transport trucking companies and auto transport brokers go to post vehicles that need transporting so the carriers can find these loads. They do not check carrier credentials... if they did you would not hear about the thousands of trucking companies caught driving illegally blasted all over the news across the country. read more
