September 2018 Newsletter

ServNet's Mega-Sales Add Sizzle to Summer and Fire Up Fall Market

The summer of 2018 saw the return of the industry's most notable mega-sales hosted at ServNet auctions and made a lasting impression on the market, reports ServNet's President Eric Autenrieth. The excitement and activity continues into the fall, as ServNet auctions bring customers together for special events marking special seasonal events, anniversary sales and celebrations of autumn's bounty. Throughout the summer and into the fall, ServNet auctions are building consignments from dealers and national remarketers, positioning their inventory to take advantage of the biggest auction events in the country.

DAA Northwest's iconic Rock & Roll Sale smashed all records in July with 5,047 consigned units, 3,612 sold and an average sale price of $18,750. With gross sales at $67mm and 1,750 dealers in attendance, business in the lanes was brisk. Employees from DAA Seattle and KCI Kansas City assisted DAA Northwest's staff with condition report writing, block clerking, ringing in the lanes and checking in guests, and all joined together with customers and industry leaders from all over the country to enjoy a concert by classic rock legend John Fogerty.

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DAA/OKC Marks 30 Years with Lane-buster Sale Topped by $70,000 in Prizes

October 25, 2018 is a red-letter day at Dealers Auto Auction of Oklahoma City (DAAOKC):  the celebration of three decades of service to the remarketing community. Since its founding in 1988, the auction has grown to become a leading auction facility, offering the largest weekly vehicle consignment in the state and the highest sales percentage of any independent auction in the region. DAA/OKC has recorded the sale of 1.55 million vehicles, totaling more than $15 billion, since opening its doors in 1988.

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To mark its 30th year, DAA/OKC has planned an Anniversary Sale that will bring buyers and sellers together from all parts of the South-Central region and beyond, with lanes brimming with vehicles and prize giveaways running all day long.

"We've planned a great day of buying and selling in the lanes at our 30th Anniversary Sale," says Bruce Beam, DAA/OKC's general manager. "We're expecting more than 1300 vehicles, topped by consignment from Ally, ARI, AvisBudget Group, FISERV, Hertz, OneMain Remarketing, Prestige Financial, Santander/Chrysler Capital, United Auto Credit and Westlake Remarketing. We're also introducing a Specialty Sale, with motorcycles, boats, travel trailers, ATVs and motorhomes.  Added to that will be a day full of food, fun and prizes for everyone in attendance as our way to thank our customers for 30 great years in business."

Beam reports that all dealers attending DAA/OKC's 30th Anniversary Sale will receive a logo'd pullover, and will enjoy a free breakfast, hamburgers and hot dogs fresh off the grill for lunch, and snacks and drinks in the lanes.  More the $70,000 in cash and prizes are planned, including $5,000 in lane drawings throughout the day, and end-of-sale drawings for $15,000 in cash.  All of that will be topped off by the grand prize drawing: a 2002 SS Chevy 35th Anniversary Camaro.

  This 2002 SS Chevy Camaro is the grand prize at DAA/OKC's 30th Anniversary Sale

This 2002 SS Chevy Camaro is the grand prize at DAA/OKC's 30th Anniversary Sale

"We're pulling out all the stops to make our 30th Anniversary Sale an event to remember," said Beam. "It's a day we'll share with customers both old and new, celebrating our success with everyone who has over the past 30 years helped make DAA/OKC one of the best independent auctions in the country."


Greater Rockford Auto Auction Sets Date for Spooktacular '18

The Greater Rockford Auto Auction (GRAA) is excited to announce its next big sale, The GRAA Spooktacular, on October 17th. The auction expects more than 1,000 vheicles for the event, which will roll through the auction's six lanes. Following the sale, customers will gather for $11,000 in giveaways, ranging from a hot tub to a motorcycle, and the fan favorite: twenty $50 bills.

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"The GRAA Spooktacular is going to be one of our biggest sales of the year," says Chad Anderson, GRAA's general manager. "Our team is working hard to plan a fun filled day for all of our customers with great inventory, and giveaways in the lanes."

Dressed in GRAA Spooktacular t-shirts, the auction team will greet customers attending the event, which starts at 9:30 am. Major consignorss will include Avis Budget Group, First Investors, Credit Acceptance/ VRS, and Westlake Financial.

GRAA is in its third generation of family ownership, and has deeps roots in the automotive industry. 


Dealers Set to Play & Win at Carolina Auto Auction's Caropoly Event

Carolina Auto Auction hosts its 2nd annual Caropoly sales event from September 12th through October 17th. 1100 units will be run every week. With each purchase dealers collect Caropoly cards in hopes of matching them up to win their share of $40,000 in cash and prizes. There will be over 600 overall winners with varying prizes. As dealers collect an entire set of cards, or "monopoly," then they win a large prize corresponding with that set on the board.

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As part of the sales event, several floor plan companies including AFC, AutoBank, Auto Use, and CarBucks each feature pieces on the board and will have instant winner cards as well. ASC Warranty, Allstate Insurance, and other CAA vendors will also be giving away prizes as part of the game.

The grand prizes include $5,000 cash, an Alaskan cruise and tour, an automatic Husqvarna lawn mower, a Yeti Hondo chair and cooler prize package, cuban cigars, and more. There are also instant winner pieces which can earn dealers anything from a free lunch or hat to a Star Wars Virtual Reality saber set.

Caropoly is one of Carolina Auto Auction's largest events of the year and the auction expects to have nearly 600 dealers on hand each week participating.


Maryland's Governor Hogan Visits Bel Air Auto Auction

It was business as usual on Thursday, August 23 at BSC America's Bel Air Auto Auction when customers and staff were greeted by a special guest: Maryland's Governor Larry Hogan, who visited the auction's new and expanded facility toward the end of the sale. Joining him during his visit were members of the state legislature, Harford County council members, and County Executive Barry Glassman.

The Nichols family provided the Governor with a tour of the 185 acre facility which opened last September. "Governor Hogan is a great friend of business," said Raymond C. Nichols, chairman and CEO of BSC America. "He understands the need of the people, but he also understands the needs of business."

  Governor Larry Hogan (2nd from right) visits with the Nichols family during his tour of BSC America's Bel Air Auto Auction in August.  He paused for a photo with (left to right) R. Charles Nichols, BSC America's President; Michelle Nichols-Neff, Executive Vice President, and Raymond Nichols, Chairrman and CEO.

Governor Larry Hogan (2nd from right) visits with the Nichols family during his tour of BSC America's Bel Air Auto Auction in August.  He paused for a photo with (left to right) R. Charles Nichols, BSC America's President; Michelle Nichols-Neff, Executive Vice President, and Raymond Nichols, Chairrman and CEO.

Nichols explained to Governor Hogan that Bel Air Auto Auction has sold approximately 10,000 more vehicles since its move to the new facility, compared to the same time last year. He expects that the auction will handle more than 120,000 vehicles by year's end. He also noted that 250 additional jobs were created when the new auction opened in September of 2017, and that the auction has recorded increases in the number of buyers as well.

The new Bel Air Auto Auction facility opened in September of last year to rave reviews from buyers and sellers alike. Sited on 185 acres, the facility includes a 75,000-square foot, 10-lane auction facility, restaurant and administrative office building, as well as a separate state-of-the-art 50,000 square foot Vehicle Enhancement Center which houses both mechanical and body shops, reconditioning bays, paint booths and an imaging center. A separate building provides a streamlined check-in facility for dealers and transporters. 


Scary Big Money Event Returns to Indiana Auto Auction

Like it or not, it's time for the days to get shorter and the leaves begin to change colors. But that also means it's time for the ghosts and ghouls to come out of hiding to get ready for Indiana Auto Auction's Scary Big $25,000 Absolute Cash Spooktacular.

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The 6-week long event kicks off on September 20th with a free sale-day breakfast, webs, skeletons and other macabre decorations. Dealers receive an entry ticket for every vehicle bought or sold in those 6 weeks, which qualifies them for the drawing.

On Thursday October 25th, dealers once again enjoy a a Free Breakfast and seven candy-filled lanes of scary fun as the employes dress up to add to the "spirit" of the festivities. At the end of the sale, the names of six dealers will be drawn. One of those dealers will walk away with $20,000 CASH with the other four dealers winning $1,000 CASH. Be there -- if you dare!

Leading up to the Scary Big Money Drawing, employees are rehearsing a familiar refrain, singing:

I was working in the lanes late one night
         When my eyes beheld an eerie sight
         For my manager from his slab began to rise
         And suddenly to my surprise
                         He gave out CASH
                         He gave out MONSTER CASH


Shark Tank Lures Dealers to Greenville Auto Auction's Anniversary Sale

  Three dealers will have the opportunity to spend 30 seconds in Greenville Auto Auction's Shark Tank, reaching for $8,000, during the auction's 8th Anniversary Sale.

Three dealers will have the opportunity to spend 30 seconds in Greenville Auto Auction's Shark Tank, reaching for $8,000, during the auction's 8th Anniversary Sale.

As the summer comes to an end, Greenville Auto Auction (GAA) will celebrate its 8th Anniversary Sale on September 20th. It has been eight years since the Stallings family purchased the once public auto auction in Greenville, NC and converted it to a dealer-only sale. Now, increasing numbers of dealers dealers flood the lanes at GAA, the auction continues to grow year after year.

In order to celebrate this milestone, the auction will be giving away up to $8,000 in cash. Three dealers will be randomly selected at the end of the sale to search for the cash in the "Shark Tank". The 10x10x4 tank will be filled with ball pit balls, balloons, and sharks that will make it more exciting and challenging for the dealers to find the cash. With several different denominations of money in the in the Shark Tank, three dealers will have 30 seconds to grab as many bills as possible, hoping to go home with the "big catch". GAA will also be giving away free lunch and t-shirts to their dealers at its Anniversary Sale.

GAA has also begun construction on its new detail, condition report, online and marketing facility. The auction is excited to use the new space to better meet their dealers' needs. With four lanes in the new building, GAA will be able to detail and CR vehicles more efficiently and effectively.  The new structure also  wil have the space and technology to provide the best support for online customers. The building is projected to be completed this December


Industry Leaders Visit State Line Auto Auction

 Sale day at State Line Auto Auction brings buyers and sellers together from all over the Northeast.  A recent sale at the auction in Waverly, New York also caught the attention of several leaders from the remarketing industry, who gathered for a visit with the Barber family. Making the trip to the auction were NAAA President Warren Claus, NIADA President Andy Gabler, NAAA President-elect Chad Bailey, and NAAA CEO Frank Hackett.

  Industry Leaders Meet with Barber Family at State Line Auto Auction .    (left to right): Beth Barber, Emily Barber, Paul Barber (all Partners of SLAA),  Warren Clauss (NAAA President), Andy Gabler (NIADA President), Jeff Barber (SLAA President/Owner), Chad Bailey (President Elect, NAAA, Owner of Akron AA), and  Frank Hackett (CEO of NAAA)

Industry Leaders Meet with Barber Family at State Line Auto Auction.  
(left to right): Beth Barber, Emily Barber, Paul Barber (all Partners of SLAA), 
Warren Clauss (NAAA President), Andy Gabler (NIADA President), Jeff Barber (SLAA President/Owner), Chad Bailey (President Elect, NAAA, Owner of Akron AA), and  Frank Hackett (CEO of NAAA)


Clark County Auto Auction Announces Expansion

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Clark County Auto Auction has announced that plans are underway to expand parking for commercial consignment. ServNet's newest member auction, which joined the group in January of 2018, Clark County Auto Auction moved into a new world-class facility less than a than a year ago. The facility includes a five-lane service building and reconditioning center. The 40,000-square foot main building includes a seven-lane auction area, administrative offices, 100-seat restaurant, digital sales network and AFC offices. Later this fall when the lots expansion is completed, the auction will also accommodate additional parking for 800 commercial vehicles. Auction owner Matt Fetter also reports that the auction will begin construction of a photography booth to image vehicles after reconditioning.