BMW has split its used vehicle remarketing programme, which involves the sale of some 20,000 ex-lease and contract hire vehicles annually, between the country’s two largest auction houses - Manheim and BCA.

 

The two will sell vehicles valued in excess of £375 million every year on behalf of BMW UK.

Manheim will manage the remarketing of 6,000 vehicles annually from BMW UK, Mini UK and BMW Financial Services until the end of 2011.

BCA will sell some 20,000 vehicles annually under the new arrangement, which also runs until the end of 2011.