A Borusan Group company, Otomax was established in 2001 as Turkey’s first internet-based multi branded second hand car buying and selling services, subsequently publishing the country’s first car buying and selling magazine with pictures and serial advertisements, the Otomax magazine. In 2004, Otomax has initiated its Private Auctions and thus become an alternative center for dealers and authorized sellers for providing vehicles.
Otomax was merged with the world’s leading provider of vehicle remarketing auctions, Manheim Auctions in 2008; and the Manheim Turkey Company was thus formed. Manheim Turkey, continues its operations enhancing Otomax’ heritage in human resources, as well as buyers and sellers networks, with the Manheim expertise and experience in order to contribute to the growth and the institutionalization of the Turkish market.
Manheim Turkey conducts weekly auctions in its Tuzla and Istoç facilities in Istanbul. These auctions are open to anybody wanting to sell their vehicles, however only Manheim Turkey member dealers can participate to these auctions as buyers. These auctions are scheduled at 10 am, every Wednesday. Vehicles that are put to sale are mostly provided by fleet owners and fleet rental companies, financial corporations, insurance companies, member automobile galleries, authorized dealers as well as individual consumers.
The vehicles are sold in these auctions under Manheim Turkey endorsement with two options as with or without transaction period. Manheim Turkey provides traffic transaction agency services throughout the sales process, in order to avoid complications and problems.
Manheim Turkey provides as part of its Private Auctions system, reconditioning, certification, inspections, dealer financing, transport and logistics, title management and marshalling, among others for all second hand vehicles, whether imported or locally produced. Allowing only the authorized dealers and the 2nd hand automobile galleries to participate as buyers prevents the competition to be build unrightfully, as it would have been if consumers were allowed to make bids for purchases. Through cleaning services (interior, exterior and engine) are also provided for participants.
Web Page
www.manheimturkiye.com