Manheim Remarketing has launched a new electronic sales channel called eAuction for registered trade buyers which will offer up to 150 used vehicles each Monday afternoon.

The eAuction runs from 3.00pm to 5:00pm and will include a time extension if any bids are made in the last two minutes giving buyers more time to place a winning bid to secure the vehicle.

Trade buyers will be able to place bids in several ways and also to bid on more than one vehicle. If a buyer wants to place a bid before the eAuction has started, a proxy bid can be placed on as many vehicles as desired.

eAuction is the fifth sales channel provided by Manheim Remarketing joining physical auctions, Simulcast, CyberAuction and Direct.