Sister companies ADESA, AFC and Insurance Auto Auctions are partnering to benefit the NIADA Foundation for Scholarships and Education.

The three companies have donated a BMW 328XI, which will be auctioned off on the last day of this week's 68th annual NIADA Convention and Expo at Caesars Palace in Las Vegas.

The car will be auctioned off to benefit the NIADA Foundation, which awards scholarships to college-bound students across the United States and provides training and educational opportunities to automobile dealers as well as the general public.

The auction is scheduled for 1 p.m. on Thursday in the Dealers Lounge area in the center of the Expo Hall, the companies said.

The sporty ride is an alpine white 2011 BMW 328XI with 27,015 miles on it.

 It has a premium package, leather and a sunroof, and will be on display in the Dealer Lounge for the entire convention, which began Monday.

 ADESA will transport the vehicle free for the winning bidder to any location in the United State.

The car will be auctioned off by Ben DeBruhl, the newly crowned world champion auto auctioneer.

During last year’s NIADA Convention and Expo, an ADESA and AFC sponsored auction raised $19,000 for the NIADA Foundation from the sale of a pearl white 2010 Chevrolet Malibu LTZ.

The winning bid came from Frank Fuzy of Century Motors of South Florida.