Chase Auto Finance honored its 19th annual Chase Cup for Auction Excellence winners at the NAAA Convention in La Quinta, Calif. last week, which was held in partnership with the National Remarketing Conference portion of Used Car Week.
Likewise, also at the convention, NextGear Capital honored another four auctions with the presentation of its fifth annual Auction Partners Awards.
Below is a recap.
Starting with the Chase awards, Manheim Minneapolis was announced the winner of the Best National Auction Performance and Manheim Seattle has earned the Douglas F. Wininger Memorial Award for Best National Performance Service Delivery, which recognizes outstanding service in measurable areas related to transportation management, sales, invoicing and other operational measures.
“Each year, the Chase Cup aims to honor high-performing auto auctions across the country that display operational excellence, outstanding customer service and strong financial performance.” Chase Auto Finance head of vehicle remarketing Andrew Carlstrom said in a news release. “These auctions are the best of the best.”
Manheim Minneapolis showcases strengths in vehicle reconditioning, number of buyers, condition report accuracy, and monetary results, according to Chase.
In addition to its Best National Auction Performance award, the auction is also a Best Regional Performance award winner for the Midwest.
Chase said it reviewed a total of 32 national auto auctions based on preparation, sales, invoice processing, transport requests, title processing and other capabilities.
Chase also recognized the following auctions for top performance in 8 categories:
- Best National Jaguar Sales – Manheim Dallas
- Best National Land Rover Sales – Manheim Riverside
- Best National Mazda Sales – Manheim Seattle
- Best National Subaru Sales – Manheim Seattle
- Best Regional Performance, Western – ADESA Golden Gate
- Best Regional Performance, Central – ADESA Kansas City
- Best Regional Performance, Northeastern – Manheim Pittsburgh
- Best Regional Performance, Southeastern – Manheim Orlando
NextGear Capital awards 4 partners
Moving over to the NextGear awards, the company recognized three auction partners with an Operational Excellence Award, for efficient sales retention, operational performance and responsiveness to the company.
The three winning auctions include Dealers Auto Auction of Anchorage, Alaska, South Bay Auto Auction of Gardena, Calif. and DAA Northwest of Spokane, Wash.
“Independent auctions are at the heart of the independent dealer industry, and provide invaluable support and services to our clients,” NextGear Capital senior vice president of operations Randy Dohse said in a news release.
“We deeply value those auction partners that demonstrate operational and remarketing excellence.”
Additionally, a Remarketing Excellence Award was also presented to DAA Mobile of Mobile, Ala. for demonstrating the highest percentage of sales recovered based on valuation percentage of each vehicle and the best sales follow-up.