March 2019 Newsletter

ServNet at the Forefront of Innovation, Implementing New Technologies

Turn Auctions, a mobile-based platform developed by Greater Rockford Auto Auction, is the latest chapter in a long history of technological innovation spurred by ServNet auction owners.

Turn Auctions, a mobile-based platform developed by Greater Rockford Auto Auction, is the latest chapter in a long history of technological innovation spurred by ServNet auction owners.

ServNet auctions continue to develop and implement new technologies to enhance the vehicle remarketing process for both dealers and commercial accounts, reports ServNet's President Eric Autenrieth. The most recent is the launch of Turn Auctions, a mobile-based auction platform with enhanced buyer protections. Developed by Ryan Clark, owner of Greater Rockford Auto Auction, Turn Auctions was launched at Rockford Auto Auction last fall, and is due to roll out this spring at other ServNet auctions, including Akron Auto Auction, Dealers Auto Auction of Oklahoma City, Greenville Auto Auction and Louisiana's 1st Choice Auto Auction.

"At the urging of its independent auction owners, ServNet has been on the cutting edge of some of the industry's most progressive technology," explains Autenrieth. "ServNet Auctions have been innovators since the beginning, and Turn Auctions is the latest in a long line of tools that have been developed, tested and deployed by our auctions. Unlike the other independent auctions who are on islands by themselves, ServNet can deploy technologies across 23 auctions coast to coast, and do so in a way that is customized to each market."

Turn offers 15-minute wholesale auctions taking place seven days a week via its iOS and Android app. Selling vehicles on Turn is open to all commercial accounts, franchise dealers and independent dealers. At the completion of a sale, the selling auction inspects the vehicle and arranges transportation.

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Carolina Auto Auction Celebrates 29 Years

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Carolina Auto Auction celebrates its success in style during its 29th Anniversary Sales event that runs March 20th – April 24th. The Southeast’s largest independent auto auction will give away over $50,000 in cash and prizes, including $30,000 in guaranteed cash. Other giveaways include a Husqvarna lawn care package, a trip to Hawaii for two, and backyard movie night package complete with a giant blow up screen and projector.

Carolina offers an average of over 1200 units weekly and is sells approximately 700 of those every week. The auction promises excellent inventory and a weekly progressive $5000 cash drawing at the end of every sale during the six-week event. All dealers receive a complimentary breakfast and all-lane float on the kickoff and finale of the event. Carolina also includes its Salvage Sale and three Happy Hour lanes in the mix which kickoff at 9am weekly.

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Many of the floor plan companies will also give away great prizes. AFC sponsors a large Anniversary cake for the auction and its dealers. They also will offer a 60 days for $60 promotion.

The next big event for Carolina is May 20-22, as CAA hosts its 3-day charity event that includes a Legacy VIP Dinner and Auction, a "Tee-Off Against Cancer" golf tournament, and a charity auction sale. Special guest speaker Inky Johnson, former University of Tennessee defensive back, will be the keynote speaker along with other VIPs in attendance.


Excitement Builds for DAA/OKC's March Madness Sale

The excitement of basketball’s premier event--March Madness--has not only inflamed sports enthusiasts but has super-charged sale day at Dealers Auto Auction of Oklahoma City (DAA/OKC), where dealers are planning for an exciting day of buying and selling at the auction’s March Madness Sale on March 21. With more than 900 vehicles filling the lanes, customers will vie for winning bids, show off their skills in free throw contests, and contend for bragging rights and cash when their favorite team wins on the court.

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"March Madness marks an exciting spring market here at DAA/OKC,” said Bruce Beam, General Manager at DAA/OKC. “Dealers will be here in full force on March 21st to bid on the largest weekly vehicle consignment in the state. The full court press will be on with everything from a free throw contest to start the sale, dealer brackets and the chance to win cash at the end of the month!”

The March Madness sale begins with six dealers stepping up to the free throw line to test their skills. Each dealer gets two attempts and receives $100 for making two buckets in a row, or $25 for a single dunk.

At the March Madness event, dealers and guests also have a chance to predict the winner of the March Madness tournament, filling out their own tournament brackets. The dealer with the winning bracket at the end of the tournament takes 70% of the pot, while the dealer with the second-place brackets takes home 30%.

Pizza and hot dogs will be served in the lane, so that dealers can stay in center court during the full run of the sale, which features consignment from Ally Financial/Ally Auto Remarketing, Santander Consumer USA/Chrysler Capital, the AvisBudget Group, Hertz, Thrifty, PAR North America, Littleton Motor, First Fidelity Bank, Weokie Credit Union, ARI, FLD, Flexco, OneMain Remarketing, U-Haul, The Key and more.

"Combining the excitement of March Madness with the optimism we're seeing in the lanes as a result of an energetic Spring market is a slam dunk!" continued Beam. "We're looking forward to a great day of buying and selling at DAA/OKC.


Indiana Auto Auction Recognizes Long-time Employees; Introduces New Look at Auction Café

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There are lots of exciting things happening at Indiana Auto Auction, reports General Manager Luke Dietrich. First off, there's a new look look and a new chef at the Hub Cap Café. All new appliances, furniture, flooring, countertops and a fresh coat of paint was on order for the old cafeteria at Indiana Auto Auction. Along with the facelift, the auction also brought in a new person to make the food for the Café from a local restaurant known for its delicious food . All of the well-known comfort food is prepared fresh after it is ordered by their chef. When you come out to Indiana Auto Auction, be sure to check out the all new Hub Cap Café!

On Monday, March 4th, the staff at Indiana Auto Auction celebrated A Legacy of Excellence with two fantastic employees with a long history at the auction. Karen "Maggie" Ross was recognized for her 20 years with Indiana Auto Auction. She currently works in the accounts receivable department. The auction also took the opportunity to recognize Gail Thomas, currently the auction’s GSA Coordinator, for being a valued employee since 1997. Both received trophies with the inscription: "All Auctions are the same; It’s the employees at Indiana Auto Auction that make a difference”. The awards were presented by Auction General Manager Luke Dietrick, Controller Andrew Schaefer, and Office Manager Ana Tapia.

Indiana Auto Auction recognizes two long-time employees with A Legacy of Excellence. (left: Auction Controller Andrew Schaefer and Office Manager Ana Tapia with Karen "Maggie" Ross; right: Schaefer and Ross with Gail Thomas).

Indiana Auto Auction recognizes two long-time employees with A Legacy of Excellence. (left: Auction Controller Andrew Schaefer and Office Manager Ana Tapia with Karen "Maggie" Ross; right: Schaefer and Ross with Gail Thomas).


March Madness Strikes at Akron Auto Auction

Akron Auto Auction (AAA) and its customers are getting into the March Madness Basketball spirit after every sale in the month of March.

AAA Court at Akron Auto Auction

AAA Court at Akron Auto Auction

As soon as the last lane ends each week, Akron Auto Auction transforms its 3rd Lane into AAA Court. Dealers are then invited to show off their skills and range during a jump shooting contest. Each participant has 30 seconds on the shot clock to try and make as many baskets as possible. Three levels of prizes, which include AAA merchandise and hundreds of dollars' worth of gift cards and mystery gifts, are awarded to the dealers based on how many 15-foot baskets they can make.

The Top Buyer and Top Seller of the month of March will also each win a special Akron Auto Auction March Madness custom basketball.


Louisiana's 1st Choice Auto Auction Turns Seventeen

Every May Louisiana's 1st Choice Auto Auction celebrates its continued success with an anniversary sale. This year's event will take place on May 14, 2019. Not only will this sale feature 800+ units, but the auction will also be boiling 1,000 pounds of Louisiana crawfish for customers and staff.

John and Georgianne Poteet, along with their team of managers, will roll out the red carpet as they celebrate 17 years at Louisiana's 1st Choice Auto Auction in May .

John and Georgianne Poteet, along with their team of managers, will roll out the red carpet as they celebrate 17 years at Louisiana's 1st Choice Auto Auction in May.

Managing Partner John Poteet says, "We always take this time to reflect on how much our customers and staff mean to the auction and its continued success. The last seventeen years would certainly not have been the same without them."

John and Georgianne Poteet, along with their team of managers, will roll out the red carpet as they celebrate 17 years at Louisiana's 1st Choice Auto Auction in May

After this exciting sale, the auction holds its semi-annual John Dough Gift Auction where dealers spend the John Dough they've earned throughout the year. Twice a year the auction gives away away over $25,000 in fantastic prizes, and the dealers love using their John Dough to bid on great items like GoPro cameras, a Sea-doo, NASCAR racing trips, iPads, grills, Yeti coolers and so much more.

LAFCAA's Anniversary Sale will feature 800+ units and 1,000 pounds of Louisiana crawfish, and will be followed by a John Dough Gift Auction .

LAFCAA's Anniversary Sale will feature 800+ units and 1,000 pounds of Louisiana crawfish, and will be followed by a John Dough Gift Auction.

LAFCAA's Anniversary Sale will feature 800+ units and 1,000 pounds of Louisiana crawfish, and will be followed by a John Dough Gift Auction.

Louisiana's 1st Choice Auto Auction, located in Hammond, Louisiana, has served the dealers of the Gulf Coast and surrounding states since 2002. Their experienced and friendly team are eager to assist you with your remarketing needs. Experience their signature Lagniappe every Tuesday and get a front row seat to the growth and action. Auctions are held every Tuesday at 8:45 AM with 550+ dealer trades and bank repos, with several special event sales throughout the year with 800+ consignment. All vehicles are available online.