ServNet Marks 30th Anniversary Year
ServNet celebrates a collective milestone in 2018--30 years as the industry's "premier network of independent auto auctions cooperating together to strengthen and build relationships." What began as small group of independent auction owners wanting to share marketing strategies has undergone tremendous growth and change over three decades, evolving into a major force in the remarketing industry, setting the standard for service, efficiency and innovation in the auction selling environment.
At its beginning in 1988, ServNet included eight auctions, all independent members of the NAAA Performance Group where the discussions had started. Today, ServNet includes 22 auctions, and carries its message into the offices of virtually every manufacturer, fleet manager and institutional consignor in the country.
State Line Auto Auction Sets Date for Heavy Equipment Sale
Heavy equipment is a familiar sight at State Line Auto Auction. Harsh winters and continuing growth result in the appearance of construction equipment and paving machines during late spring and summer, as the auction's many acres of parking pavement are repaired and maintained, and the facilities are expanded. But this year, State Line Auto Auction will do more than use heavy equipment for auction improvements; this spring will see the first heavy equipment sale at the auction.
"After close to a decade of being asked if we sell heavy equipment, due to the fact that we own and use so much of it ourselves, State Line has finally scheduled its first Iron Sale on the auction calendar," reports Paul Barber, one of State Line Auto Auction's owners. "Our first ever Heavy Equipment sale will be held Saturday, May 19th."
Barber indicates that the Heavy Equipment Sale will include live, simulcast bidding. The auction has already received commitments for consignments from two large contractors in the area and the largest rental company in upstate New York. Barber anticipates holding between two and four heavy equipment sales per year at State Line Auto Auction, and will announce subsequent sale dates following the initial sale in May.
State Line Auto Auction is a founding member of ServNet, a premier group of independent auto auctions from across the United States. The auction also operates under the Auction EDGE technology platform which delivers live auction bidding online, provides market reports of auction sale results, and allows dealers to search and source available inventory from auctions nationwide. State Line Auto Auction is also a member of the National Auto Auction Association and uses the AutoIMS inventory management system
Carolina Auto Auction Adds Major Account, Adds Happy Hour Lane
Carolina Auto Auction is proud to announce the return of Santander and Chrysler Capital to its lanes on February 28th. Santander and Chrysler Capital will be running twice a month and eventually every week, with the Southeast's largest independent auto auction. The auction expects at least 100 units with each run.
The auction makes this announcement to kick off 2018 after previously bringing on other large national accounts in 2017 including US Bank. With the high influx in commercial units, Carolina Auto Auction is now designated four of its lanes as commercial lanes, expecting at least 650 commercial units every week.
Recent additions to the independent side of the business have also furthered CAA's growth as of late. The creation of the 9:00am Happy Hour lanes has added another 100+ units to the auction weekly and afforded independent dealers great lane placement opportunities. The auction also has restructured its lane designations to put all independent lanes on the inside of the 8-lane area and the commercial lanes on the outside - bringing increased volume and conversion to independent lanes.
Carolina Auto Auction is on a hiring frenzy trying to keep up the growth. The auction expects to increase its full time staff by 30% over the next month and expects even more growth later this year.
In addition to its extensive offering of vehicles from top national accounts such as Santander Consumer, BB&T, Remarketing Services of America, Donlen, Wheels and ARI, Carolina Auto Auction offers one of the largest dealer consignments in the Southeast. The auction holds sale every Wednesday at 10 a.m. with a salvage sale on the first and third week of each month. All 8 lanes are accessible for bidding online in real-time through Auction Pipeline and all "No Sale" units are available for purchase after the sale.
Carolina Auto Auction is a proud member of the ServNet auction group.
New Year Starts Strong at Greenville Auto Auction
Greenville Auto Auction had a great month in January despite the snowy conditions in Eastern North Carolina. The auction started off February hosting a Super Bowl LII Pick 'Em promotion. A dealer who predicted the correct Super Bowl champion and was the closest to predicting the final score correctly won $250. The auction is also holding a promotion for Hiester Automotive Group where a dealer will be entered to win $250 for every vehicle that they buy.
As February wraps up, GAA looks forward to its Pre-Anniversary Sale on March 15th which brings in some great inventory and dealers from across the state.
Mark Womack and Chris Clark talk about the vehicles in the lanes at Greenville Auto Auction..
Greenville Auto Auction, Inc. is an independently owned, relationship-driven business formed by the Stallings family in July, 2010. Located on 42 acres, the auction boasts 5 lanes, a full service restaurant, detail shop and light mechanical facility, 24-hour security, and state of the art technology, including AWG Simulcast. The auction is a member of the ServNet Auction Group.