Dealers benefit from buying & selling cars at auctions that are operationally efficient and have the ability to sell used vehicle inventory effectively understanding importance of auto finance and flooring to dealer success.
NextGear Capital recognizes these capabilities and has created the annual Auction Partners Award that acknowledges both the small and large market independently-owned auto auctions for their dedication to and support of the industry.
"The auctions have always been the foundation of not only NextGearCapital, but our industry as well," stated Brian Geitner, President of NextGear Capital. "We sincerely appreciate all they do, and it is their commitment that compelled us to create these awards."
An award for both small and large market auctions was presented for each of two categories:
The Operational Excellence Award recognizes the auction that demonstrates excellent efficiency, top sales retention, overall operational performance and the most effective response to the needs of NextGear Capital.
The Remarketing Excellence Award recognizes the auction that demonstrates the highest percentage of sales recovered based on percentage of valuation of each vehicle, the best throughput performance and the best sales follow-up (efficient timing on getting proceeds of sales to NextGear Capital).
And the winners are ...The Article Operational and Remarketing Excellence Awarded by NextGear Capital appeared first on Automotive Digest.