Cox Automotive Canada Launches MUVIT Digital Auction Platform

Cox Automotive Canada announced the launch of MUVIT, a new Canadian dealer-to-dealer digital auction platform that connects buyers and sellers from anywhere, anytime.

Designed and developed in Canada and supported by PAVE, the industry-leading artificial intelligence (AI) vehicle inspection technology, MUVIT enables vehicles to be posted for sale within minutes. Through MUVIT, it’s never been easier to connect to expanded sales channels, data analytics and integrated solutions for online auctions.

“With the addition of MUVIT and its seamless integration with our existing and trusted Manheim, NextGear Capital, Ready Logistics and Kelley Blue Book brands, Cox Automotive is now able to deliver the most robust suite of services in the market,” said Jerome Dwight, vice-president, inventory and financial solutions, Cox Automotive Canada. “Regardless of dealership size or location, our clients now have another channel to efficiently find the right car or buyer at any time.”

As digital wholesale platforms continue to show growth in Canada, MUVIT’s ability to leverage Manheim’s trusted brand and physical auction services will now deliver a competitive advantage to all dealers and franchises. MUVIT offers thousands of vehicles from coast-to-coast with fresh, high-quality inventory added daily, sourced from dealers, OEMs and fleet portfolios, removing the barriers of digital arbitration with direct access to trusted Manheim services with the click of a button.

MUVIT and PAVE together provide a seamless inspection and listing process for online selling, and with automated damage detection, a guided workflow for easy and quick image capture and click-to-list capabilities, MUVIT creates a consistent experience on every vehicle so dealers can buy and sell more vehicles with confidence.

Backed by Manheim’s integrated solutions and 70-plus years of expertise, MUVIT allows dealers to quickly find the vehicles they are searching for, purchase, finance, and order transport seamlessly—all in one transaction and available 24/7.

Key MUVIT advantages for buyers include:

• Diverse channels ensure buyers can find the exact vehicles they are looking for
• Access to all of Manheim’s vehicle services including arbitration, PayOnline, inspections, and transportation
• Buyers get full transparency/disclosures on all vehicles sold utilizing the market-leading PAVE AI integrated inspection platform
• The most accurate wholesale market data to refine bidding/purchasing keeps buyers current with dynamic vehicle trends with Kelley Blue Book values
• Buyers can bid, buy, pay, and order transport on all vehicles from a desktop or mobile device

Key MUVIT advantages for sellers include:

• PAVE inspects and loads vehicles in minutes, creating a seamless process and saving time with the industry’s first automated damage detection
• More visibility and control over sellers’ inventory at Manheim locations from a desktop or mobile device
• Flexibility to offer sellers’ vehicles in multiple digital channels to target the “right” buyers, allowing product to achieve the highest value
• Sellers can access all of Manheim’s ancillary end-to-end remarketing services with the maximum amount of resources to increase speed to market
• Support from a trade desk sales team,  dedicated to negotiating offers received on all sellers’ vehicles, whether listed online or in-lane across Canada, helping close more deals and reduce days to sell