CARY, N.C. -

In a message to its members Thursday, the National Auto Auction Association said that Auto Auction of New England co-owner Bill DeLuca, Jr. died Wednesday. 

DeLuca founded the Bank of New England and finance company Auto Use. He also owned the Bill DeLuca, Jr. Family of Dealerships. 

Funeral arrangements and further information are forthcoming, NAAA’s message said. 

“National Auto Auction Association extends its deepest sympathy to the DeLuca family and friends,” NAAA said in its message. 

A statement on the Auto Use website read: “Bill was deeply loved by his family, friends and community. It can’t be put into words the loss that will be felt by his passing. Those of us who had the opportunity to work under him will also feel a tremendous loss. He was an extraordinarily smart and accomplished entrepreneur who built a company that still represents and practices the same principles he used to create them.

“Bill’s legacy is alive and well, and will not be forgotten as we can feel and see his values in the roots of our company. His kindness to customers and friends alike, was truly unmatched.”