Overdrive by ADESA
Sound Bites
Kontos Kommentary: Hurricane Harvey Special Edition

Kontos Kommentary: Hurricane Harvey Special Edition


read more...
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


read more...
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


read more...
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


read more...
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


read more...
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


read more...
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...
What Dealers Need to Know About Mobile Auctions

What Dealers Need to Know About Mobile Auctions


read more...
This is a guest post from Jane Morgan, president of specialty auctions division at ADESA. At ADESA, we believe in providing our customers with as many channels as possible to buy or sell a vehicle or specialty unit. Mobile auctions are one of those platforms that can be customized to meet the unique demands or...
ADESA and KAR Companies Raise $28,000 for NIADA Foundation

ADESA and KAR Companies Raise $28,000 for NIADA Foundation


read more...
We had another great turnout for our charity auction at the 2017 NIADA Convention and Expo in Las Vegas. A large crowd gathered to bid on a red 2016 Nissan Frontier SV crew cab pickup. Car City Super Center in Grand Rapids, Michigan, walked away with the truck with a winning bid of $28,000. The...
VIDEO: Kontos Kommentary for May 2017

VIDEO: Kontos Kommentary for May 2017


read more...
Average wholesale prices in May were flat versus April but up on a year-over-year basis, primarily due to the strength of truck prices and a younger mix resulting from off-lease supply growth.  As introduced last month, a drill-down into the data clearly reveals price softening when accounting for sale type and vehicle age, model class...