Leading vehicle remarketing company Manheim is launching a new app in the U.S. called the Manheim Express. The business is a subsidiary of Cox Automotive.

The app combines the technology of  VAuto’s Provision app with Manheim Express — to help dealers’ value consumer trade-ins and list new vehicles in the wholesale marketplace quicker.

The move is the first integration between Cox Automotive’s mobile apps and follows last year’s launch of Dealer Auction — a joint venture between Cox Automotive and Autotrader.co.uk.

Dealers in the U.S. currently evaluate around 450,000 trade-ins using Provision each month. Around 50,000 of those reach Manheim’s wholesale marketplace, the company said.

“The integration helps dealers know how much they can get for a vehicle at wholesale, and begin the wholesale process, whether it’s during a trade-in appraisal or after a vehicle hasn’t sold at retail, with a single tap on a mobile device,” Randy Kobat, SVPof VAuto and Dealertrack DMS for Cox Automotive, said in a news statement.

Manheim Express works by offering VAuto dealers a “Guaranteed First Bid” when it’s time to wholesale a vehicle. The bid is driven by valuation data from the Manheim Marketplace Report, which sets a minimum price for a dealer’s vehicle. The company says the system reduces risks for dealers.

Manheim will buy the vehicle at the Guaranteed First Bid price if the vehicle does not sell for the floor price or higher within two days of being listed for sale.

“Combining Manheim Express’ Guaranteed First Bid with VAuto’s Provision appraisal processes provides dealers greater confidence in the values they are placing on trade-in vehicles,” Derek Hansen, VP of Offsite Solutions at Manheim, added.

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