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Over $11,000 Raised at Digital Dealer 23 Charity Auction

Over $11,000 Raised at Digital Dealer 23 Charity Auction


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Digital Dealer 23 is officially in the books. Our team enjoyed the opportunity to speak with customers and colleagues and share our latest offerings at our booth. I was privileged to speak about one of my favorite topics: using technology to buy more profitable pre-owned inventory. But the height of excitement was the charity auction...
VIDEO: Kontos Kommentary for August 2017

VIDEO: Kontos Kommentary for August 2017


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Average wholesale prices in August were once again up largely on the strength of truck prices, although another factor could be early impacts from Hurricane Harvey, which appeared to drive prices up at the end of the month, particularly in Texas. (Please see Kontos Kommentary: Hurricane Harvey Special Edition for additional information.) Watch the August...
Cars and Culture Collide at Artomobilia

Cars and Culture Collide at Artomobilia


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For the fourth year, ADESA and our parent company, KAR Auction Services, served as presenting sponsors of Artomobilia, a celebration of automotive art and design in the Carmel Arts & Design District. Recently, more than 400 incredible collector cars were on display in downtown Carmel, Indiana, not far from our corporate headquarters. The event drew...
Kontos Kommentary: Hurricane Harvey Special Edition

Kontos Kommentary: Hurricane Harvey Special Edition


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Meteorologists are calling Hurricane Harvey a thousand-year flood event—a storm of unprecedented magnitude and devastation. For the past week, no news cycle has been complete without photos of the human toll, miraculous rescues—and vehicles submerged in the flood plain. The recovery efforts in Houston and other impacted areas in Texas and beyond will take many...
Catch ADESA at Digital Dealer 23 in Las Vegas

Catch ADESA at Digital Dealer 23 in Las Vegas


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The entire ADESA team is excited and ready to head to the Paris Hotel & Casino in Las Vegas Sept. 18–20, 2017, for Digital Dealer 23. I have the distinct honor of taking the stage at this year’s event to discuss a topic near and dear to my heart: wholesale auctions aren’t what they used...
VIDEO: Kontos Kommentary for July 2017

VIDEO: Kontos Kommentary for July 2017


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Average wholesale prices in July were down month-over-month and only up on a year-over-year basis largely on the strength of pickup truck prices. Drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Retail sales have softened this summer...
Get to Know ADESA Flint

Get to Know ADESA Flint


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Located just northwest of the Detroit metropolitan area, ADESA Flint proudly serves dealers in Michigan, Ohio, Indiana, Illinois and beyond. Formerly known as Flint Auto Auction, ADESA Flint was acquired by KAR Auction Services (the parent company of ADESA) in 2016. I caught up with General Manager Lawrence Cubitt to find out more about this...
Employees and Dealers Win Big During Search-To-Win Sweepstakes

Employees and Dealers Win Big During Search-To-Win Sweepstakes


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We recently celebrated the end of our Search-To-Win Sweepstakes—a six-weeks-long contest that included winning opportunities for both dealers and employees. Dealers got to learn more about our online products and services by searching for three entry links strategically placed on the secure side of ADESA.com. From almost 5,000 entries, three lucky dealers were selected at...
VIDEO: Kontos Kommentary for June 2017

VIDEO: Kontos Kommentary for June 2017


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Average wholesale prices in June were down versus May but up on a year-over-year basis. However, drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Watch the June Kontos Kommentary below: To read the entire Kontos Kommentary used...