NextGear Capital, a Cox Automotive brand, presented the fifth annual Auction Partners Awards at the 2017 National Automobile Auction Association (NAAA) Used Car Week Convention in La Quinta, California. The Nov. 15 event honored independently owned auto auctions for their efforts to grow and support the industry and their communities.
“Independent auctions are at the heart of the independent dealer industry, and provide invaluable support and services to our clients,” said Randy Dohse, senior vice president of operations, NextGear Capital. “We deeply value those auction partners that demonstrate operational and remarketing excellence.”
This year, three auction partners were recognized with an Operational Excellence Award, reflecting their efficiency, sales retention, operational performance and responsiveness to NextGear Capital. In addition, a Remarketing Excellence Award was presented to the auction that demonstrated the highest percentage of sales recovered based on percentage of valuation of each vehicle and the best sales follow-up.
Congratulations to the 2017 Auction Partner Award winners:
• Operational Excellence Award: Dealers Auto Auction – Anchorage, Alaska
• Operational Excellence Award: South Bay Auto Auction – Gardena, California
• Operational Excellence Award: DAA Northwest – Spokane, Washington
• Remarketing Excellence Award: DAA Mobile – Mobile, Alabama