ADESA
ADESA
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  • Get to Know ADESA Portland
    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, a 20,000-sq.-ft. reconditioning facility and ful...
ADESA
ADESA
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  • ADESA LiveBlock Month Celebrations Continue
    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 month of July, we encouraged employees to have fun educating dealers about t...
ADESA
ADESA
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  • Get to Know ADESA Flint
    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 new addition to the ADESA line-up. What can you tell us ...
ADESA
ADESA
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  • Employees and Dealers Win Big During Search-To-Win Sweepstakes
    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 random to win a grand-pri...
ADESA
ADESA
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  • Why OLOC Is the One Term Every Dealer Should Know
    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 bid on. If they pass on the car, it moves to an open sale, where it’s often bought by an independe...
ADESA
ADESA
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New blog articles detected.

  • VIDEO: Kontos Kommentary for June 2017
    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 vehicle market outlook for June 2017, visit http://ades...
ADESA
ADESA
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New blog articles detected.

  • ADESA and NAAA Bring Virtual Auto Auction to Capitol Hill
    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 manager of ADESA Buffalo and NAAA President-elect. ...
ADESA
ADESA
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  • What Dealers Need to Know About Mobile Auctions
    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 needs of dealers. Our team works closely with dealers every day to showcase how these sa...
ADESA
ADESA
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  • Celebrating 30 Years of Community Service at ADESA Winnipeg
    This is a guest post from Gregg Maidment, general manager of ADESA Winnipeg and senior vice president of Canadian operations at ADESA. The 30th anniversary celebration at ADESA Winnipeg brought together family, friends, retirees, and our many dealer partners. The start of the auction goes back to 1987, when Mike Lawrence, founder of Canadian Auction Group (the predecessor organization acquired by ...
ADESA
ADESA
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  • ADESA Boston Celebrates Milestone 70th Anniversary
    This is a guest post from Jack Neshe, General Manager at ADESA Boston. At ADESA, we frequently recognize auction anniversaries. But this one is particularly special. This year, ADESA Boston has been in business for 70 years—seven decades. I have been fortunate to be the general manager for ten of them. Most people know ADESA Boston today for its top-notch facility, charitable efforts, community ou...
ADESA
ADESA
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New blog articles detected.

  • ADESA and KAR Companies Raise $28,000 for NIADA Foundation
    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 crowd contributed even more, and the total donation for the NIADA Foundation was $28,675. This is the fi...
ADESA
ADESA
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New blog articles detected.

  • VIDEO: Kontos Kommentary for May 2017
    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 and mileage. Watch the May Kontos Kommentary below: To read th...
ADESA
ADESA
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New blog articles detected.

  • ADESA Boston Holds 17th Annual Classic Car Show & Motorcycle Run
    Beautiful weather set the stage for ADESA Boston’s 17th annual Classic Car Show & Motorcycle Run earlier this month. More than 50 classic cars and motorcycles were entered in the show, and a 30-mile motorcycle run took 40 riders through several scenic Massachusetts towns — complete with a police escort of nine bikes and an SUV. On the ground at ADESA Boston, the day’s festivities included live mus...
ADESA
ADESA
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  • Catch ADESA at NIADA 2017 in Las Vegas
    Every year, I look forward to attending the National Independent Automobile Dealers Association (NIADA) Convention & Expo in Las Vegas. This year’s event takes place June 12–15. The conference theme for 2017 is all about “charting your course.” Essentially, independent dealers need a clear path to navigate obstacles and achieve success. I think the timing could not be better, as economists and ind...
ADESA
ADESA
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New blog articles detected.

  • ADESA Boston Gets Ready to Ride: 17th Annual Classic Car Show and Motorcycle Run
    We love cars at ADESA, and we love to give back. One of our favorite ways to combine those two passions is the annual Classic Car Show and Motorcycle Run at ADESA Boston. This event supports our longtime philanthropy partner, JDRF, a leading advocacy group for people with type 1 diabetes. On Sunday, June 4, gates open at 9 a.m. The 30-mile motorcycle run kicks off at 11 a.m. Riders will cruise thr...
ADESA
ADESA
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New blog articles detected.

  • ADESA Launches Search-To-Win Sweepstakes
    The ADESA Search-To-Win Sweepstakes is here! The contest—which runs from May 22 to June 30, 2017—is not only a great way to learn more about our online products and services, but employees and dealers can also win awesome prizes. Three participating dealers—selected at random—will win a grand-prize trip to the Ritz Carlton Half Moon Bay Resort in Northern California. At this luxurious resort, the ...
ADESA
ADESA
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New blog articles detected.

  • VIDEO: Kontos Kommentary for April 2017
    Average wholesale prices in April were up on both a month-over-month and year-over-year basis. As has been stated repeatedly in previous months, however, much of these supposed increases in used vehicle values are the result of strength in truck prices and growth in off-lease volumes. An analysis of sales prices by sale type, model-year age, mileage and model class segment reveals that prices actu...
ADESA
ADESA
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New blog articles detected.

  • ADESA Flint Hosts Annual Corvettes & Classics Sale
    It was a rainy Wednesday morning at ADESA Flint, but that didn’t stop dealers from coming out in droves to check out classic cars and Corvettes. In fact, it was the biggest sale in the auction’s history, according to General Manager Lawrence Cubitt. The annual Corvettes & Classics event started a day earlier with a “Sale Before the Sale” featuring units from several national accounts. The next day...
ADESA
ADESA
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New blog articles detected.

  • Heather Greenawald Recognized as a Women in Remarketing Honoree
    Each year, a select group of female leaders are recognized as Women in Remarketing award recipients by Auto Remarketing magazine. I was honored to be a part of this group in 2014, and I’m thrilled to announce that my colleague, Heather Greenawald, is part of this year’s incredible class. Congratulations to all the professionals honored this year. Auto Remarketing dedicated its April 2017 magazine ...
ADESA
ADESA
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New blog articles detected.

  • Should Your Dealership Hire Interns?
    With U.S. auto sales experiencing record highs, car dealerships are noticing an unsettling side effect—an influx of jobs to fill and a shortage of skilled applicants. One possible solution? An internship program. While you may approach the thought with some skepticism, dealerships that successfully commit to investing in interns receive a multitude of benefits that can drastically improve several ...
ADESA
ADESA
Blog Post

New blog articles detected.

  • VIDEO: Kontos Kommentary for March 2017
    The tale of two markets resumed in March, as wholesale prices were below year-ago levels for cars and above prior year for trucks. Nevertheless, both groups showed price increases versus February’s unseasonably soft results, as retail sales and wholesale activity showed signs of the traditional spring/tax season market typical for used vehicles. Watch the March Kontos Kommentary below: To read the...
ADESA
ADESA
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New blog articles detected.

  • Women & Automotive Canadian Leadership Forum 2017
    ADESA Canada was thrilled to be a sponsor of the 2nd annual Women & Automotive Canadian Leadership Forum. The forum took place directly following the Automotive Remarketing Canada Conference. This one-day event gives women the opportunity to network, share insights, hear from female leaders within the automotive industry and much more. Kim Miller of ADESA Toronto and Michelle Mullins of Impact Aut...
ADESA
ADESA
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New blog articles detected.

  • ADESA Canada Shines at Auto Remarketing Canada Conference 2017
    ADESA Canada and ADESA subsidiaries were well represented at the 2017 Auto Remarketing Canada Conference and the Women & Automotive: Canadian Leadership Forum. We had a great time networking and learning from industry professionals across Canada and look forward to attending these events every year. Three of our colleagues were honored at the two-day Auto Remarketing Canada Conference as members o...
ADESA
ADESA
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New blog articles detected.

  • What Is the REAL Dealer Profit on Pre-Owned Vehicles?
    We all like to celebrate when a high-grossing pre-owned vehicle rolls off the lot. But do you know how profitable it was really? Here are just a few of the questions you may have forgotten to ask: How long was the vehicle in inventory? Did the vehicle get appraised too low as a trade-in? Did you just write the vehicle down last week? With almost 4 million lease returns hitting the market in 2017—a...
ADESA
ADESA
Blog Post

New blog articles detected.

  • Catch ADESA Canada at Auto Remarketing Canada Conference 2017
    For the second year in a row, ADESA Canada will co-sponsor the Auto Remarketing Canada Conference. This conference gives us the opportunity to network and learn from professionals in the remarketing and used-vehicle industry across Canada. The event will be hosted at the Westin Harbour Castle in downtown Toronto on April 3-4. This year, I have the honor of welcoming attendees to the conference on ...
ADESA
ADESA
Blog Post

New blog articles detected.

  • Top ADESA Sales Performers Honored
    The annual ADESA Dealer Sales Meeting was recently held in Indianapolis. At the event, top individuals, teams and auctions were honored for their exemplary contributions to the areas of dealer sales, online sales and major dealer accounts. I had the distinct pleasure of announcing the Dealer Auction of the Year winner—ADESA Sacramento—and presenting the award to the Dealer Sales & Service Manager ...
ADESA
ADESA
Blog Post

New blog articles detected.

  • VIDEO: Kontos Kommentary for February 2017
    Further concrete evidence of price softening appeared in February as prices uncharacteristically, and unseasonably, softened rather than firmed versus January.  Prices fell for virtually all model years and all model classes.  Prices were still up on a year-over-year basis, but this was again primarily due to the influx of younger off-lease units. Watch the February Kontos Kommentary below: To rea...
ADESA
ADESA
Blog Post

New blog articles detected.

  • Energy and Excitement in the Air at ADESA Chicago Grand Opening
    This is a guest post from Doug Shore, Senior Vice President of Auction Operations at ADESA. On Friday, March 17 — St. Patrick’s Day — ADESA Chicago hosted its grand opening extravaganza. This special event featured an impressive number of attendees, vehicles, guest sellers, giveaways, a bagpiper and more. ADESA Chicago General Manager Troy Peterson even drove a motorcycle for sale through the lane...

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