Overdrive by ADESA
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...
2017 Women of Remarketing Conference

2017 Women of Remarketing Conference


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Each year, women executives and leaders from ADESA and the automotive remarketing industry reconvene for the Women of Remarketing (WOR) conference. This meet-up is the foremost annual forum committed to advancing the impact of women in the remarketing community. It’s one of my favorite events, and I look forward to it each year. Debbie Vaughn,...
Get to Know ADESA Portland

Get to Know ADESA Portland


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ADESA Portland is now fully integrated into the ADESA auction line-up. The former Brasher’s Portland Auto Auction was acquired by KAR Auction Services (the parent company of ADESA) in 2016, along with seven other Brasher’s auctions. One of the Pacific Northwest’s busiest auto auctions, ADESA Portland sits on 34 acres and boasts eight auction blocks,...
ADESA LiveBlock Month Celebrations Continue

ADESA LiveBlock Month Celebrations Continue


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We know our customers are busy. Sometimes they’re too busy to make it to one of our auctions. So we’re always looking for ways to help them find the cars they need for their dealership lots. LiveBlock lets customers participate in live auctions virtually and bid real-time from their desktops and mobile devices. During the...
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...
Why OLOC Is the One Term Every Dealer Should Know

Why OLOC Is the One Term Every Dealer Should Know


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Did you know there’s an entire industry built off buying and selling first-open opportunity vehicles? Here’s how it works. When a car’s lease is up, the grounding dealer gets to decide whether he wants to keep it or not. If he passes on it, the car goes into the franchise network for other dealers to...
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...
ADESA and NAAA Bring Virtual Auto Auction to Capitol Hill

ADESA and NAAA Bring Virtual Auto Auction to Capitol Hill


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Several members of the National Auto Auction Association (NAAA) recently brought the excitement of the auction experience to a Senate Automotive Caucus meeting in Capitol Hill. I had the great honor of being part of this group, along with three ADESA colleagues: Heather Greenawald and Elizabeth Murphy of our legal team, and Warren Clauss, general...