Overdrive by ADESA
VIDEO: Kontos Kommentary for January 2016

VIDEO: Kontos Kommentary for January 2016


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Though seasonally up from December, wholesale price trends in January were bifurcated, as truck prices showed year-over-year price increases, while car and crossover prices fell on a year-over-year basis. With gasoline approaching the dollar-per-gallon range in some parts of the country, this should come as no major surprise. But, with the exception of pickups and...
What Is Autoniq?

What Is Autoniq?


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We’re always looking for new ways to take the auction experience to the next level, while making it easy for our customers to do business with us. We see technology as an integral part of who we are and continue to invest in software services that we believe will benefit the dealers we serve. As...
Highlights From Super Bowl 50 Car Ads

Highlights From Super Bowl 50 Car Ads


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The Denver Broncos may have won Super Bowl 50, but car companies that advertised during the big game had their own reasons to celebrate. Powerful, creative and entertaining car ads have become a staple of television’s most-watched event of the year. I am always curious to see what they will come up with next. This...
Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market

Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market


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During last month’s Used Car Week conference, Doug Hadden, ADESA’s executive director of dealer services, training and development, was featured on a panel discussing innovative ways of buying and selling used cars in the wholesale channel–including physical auctions, dealer-to-dealer networks, and more. Check out the video below: Here are a few key points Doug shared during...
VIDEO: Kontos Kommentary for December 2015

VIDEO: Kontos Kommentary for December 2015


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2015 was largely a year when strong retail used vehicle and CPO demand, benign new vehicle incentive activity, and the embrace of upstream as well as traditional auction processes among remarketers diluted the usual negative impact of growing supply on wholesale values. Further masking that impact was the displacement of off-rental program vehicle volume that...
ADESA Continues Longtime Support of Jim Moran’s Youth Automotive Training Center

ADESA Continues Longtime Support of Jim Moran’s Youth Automotive Training Center


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We’re very proud to announce that ADESA’s ongoing support of Youth Automotive Training Center (YATC) has earned us “top contributor” status. During the 17-year relationship, ADESA has donated more than $1.8 million to the cause. YATC is a tuition-free, hands-on program that teaches basic automotive repair, job readiness and life management skills to at-risk young adults in...
ADESA’s Top 10 Blog Posts of 2015

ADESA’s Top 10 Blog Posts of 2015


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Another year has come and gone. During these past 12 months, ADESA celebrated many incredible milestones and our Overdrive Blog was there to document it all. As we reflect on 2015, here is a list of our top 10 ADESA Overdrive Blog posts: 10. KAR Fun Fridays Return to Celebrate Americana Returning for their second year,...
November 2015 Kontos Kommentary

November 2015 Kontos Kommentary


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In November, average wholesale prices were up on a month-over-month basis and essentially flat on a year-over-year basis, but as in previous months, the uptick was largely driven by truck prices. Off-rental units showed price gains, but these gains are deceiving, as manufacturers and rental sellers reduced “conversion rates” (i.e., units sold as a percentage...
Five Important Steps to Creating a Strong Customer Service Plan

Five Important Steps to Creating a Strong Customer Service Plan


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Today’s consumers aren’t just looking for a good product and a good price. They expect an excellent customer service experience as well. This interaction with a company may be the deciding factor between a successful sale and a customer lost to the competition. Case in point: if you’re trying to sell a Lexus, don’t just...