MANHEIM, the remarketing services division of Cox Automotive, has extended its relationship with Santander Consumer Finance, agreeing a contract renewal that will see the two businesses continue to work together for at least the next three years.
Santander Consumer Finance and Manheim have worked together since 2002, with the finance provider enjoying access to the full suite of Manheim remarketing products and services and benefiting from its close working relationships with dealers and buyers nationwide.
Shaun Deacon, head of arrears management at Santander Consumer Finance, said: ‘This renewal signals the strength of our ongoing partnership with Manheim.
‘We’ve been working together for 16 years and greatly value their expertise, attention to detail and dedication to making our sales a real success.’
The partnership extension, which started this month and will run until February 2021, will see vehicles from Santander Consumer Finance continue to pass through Manheim’s auction lanes in Bristol, Colchester, Manchester, Mansfield and Washington.
Peter Bell, managing director of Manheim, said: ‘This is fantastic news that further cements our relationship with Santander Consumer Finance and we are proud to continue working together.’