FRANKLIN, Tenn. -

ServNet president Patty Stanley acknowledged there are alternatives for remarketing vehicles such as wholesalers, dealer-to-dealer transactions and direct selling to consumers. But Stanley recently reinforced what auto auctions offer, highlighting six specific benefits.

The owner of Carolina Auto Auction and Indiana Auto Auction covered a wide array of attributes and services when compiling her list, including:

— Market liquidity: At the auction, dealers can convert vehicles into cash quickly.

— Fair market pricing: Auctions can provide an objective view of what vehicles are worth in the marketplace, and move large volumes of vehicles without depressing prices.

— Selection: Through the auction, dealers can access a broad selection of vehicle types, mileages and price points from a variety of consignors, including other dealers, lease companies, rental companies, bank and finance companies, fleet companies and manufacturers.

— Integrity: Check and title transactions are secure and guaranteed; standards for vehicle condition and inspection are uniform across NAAA auctions.

— Technology: Auctions have developed technologies that increase efficiency, offer convenience and can provide multiple services to buyers and sellers. With cutting-edge internet applications, dealers can attend auctions in multiple locations, seeking the inventory that fits their inventory requirements.

— Ancillary services: Auctions can provide and coordinate a wide array of complimentary services including vehicle reconditioning, transportation, and wholesale financing.

“Whether auto dealers are buying or selling, the benefits of the wholesale auto auction are many,” Stanley said. “From ease of use and vehicle selection, to the security of check and title transactions and the multiple services offered, today’s auto auction is a key resource in the business strategy of any dealer looking to expand his used-car operations.”

Stanley also stressed that ServNet auctions, in particular, are important partners for dealers across the country.

“Auto dealers are the backbone of our business, and our partnership with both franchise and independent dealers is of paramount importance to the 31 auctions in the ServNet group,” Stanley said.

Stanley went on to mention ServNet auctions are firmly rooted in their communities and are dedicated to the relationships that have been developed over their many years in business.

Like many of the dealerships they serve, ServNet auctions are backed by multiple generations of private ownership and experience, and the owners are clear about their personal stakes in their businesses, according Stanley.

“As independent ServNet auction owners, we are united in our commitment to building strong relationships with our customers, offering the finest auction services available,” she said.

“At every ServNet auction, buyers benefit from a tremendous selection of vehicles running weekly in the auction lanes, the convenience of many online services, and the confidence of secure transactions,” Stanley added. “Buyers benefit from a quick turn of inventory at market value, in a venue where a vehicle can even sell for more than asking price.”