Missouri Auto Auction has added a second generation of ownership with the announcement that Cody Boswell and Candice Boswell-Bray are now a part of the ownership team.
Boswell and Boswell-Bray are the son and daughter of Gregg and Dagmar Boswell. Gregg Boswell founded Missouri Auto Auction in 2000.
Gregg Boswell founded the auction while maintaining ownership in KCI Auto Auction. In 2016, he sold his ownership to his partners to concentrate solely on Missouri Auto Auction.
That focus on growth resulted in a $2 million renovation in 2015, a reconditioning facility and an update of the current auction space.
The reconditioning facility included mechanic bays and four detail lanes.
The auction also added office space and three additional lanes, which brought the auction to five total sales lanes.
“My sister and I are very excited to continue the legacy that our father has started and continuing to build on his dream,” Cody Boswell said in a news release.
He continued, “Our goal has always been to remain a family owned, independent auction. I feel honored to be a part of this team, this family and this industry.”
Missouri Auto Auction general manager Justin Brown has been with the auction for 15 years and said he was “thrilled for Cody and Candice.”
“They are ready to move the auction into a new era and are focused on the continued success of the auction and the employees,” Brown said in a news release.
He continued, “We are geared for growth and new opportunities in the months to come.”
The auction has received awards since 2018 from companies such as United Auto Credit and ARI, and on Monday, the company said United Auto Credit Corp. named it Auction of the Year for the second consecutive year.
In winning the award, Missouri Auto Auction beat out 43 other U.S. locations.
United Credit director of loss prevention and remarketing Scott Mousaw said Missouri Auto Auction was a strong partner for United Auto Credit.
“The service, and most importantly, the results, have kept them in the top spot for the last two years,” Mousaw said.
“I am so proud of our team,” Cody Boswell said.
Boswell continued, “Every day we go to work with one mission: to make sure our customers are well cared for and satisfied with all the products and services we provide. This award reflects their hard work, commitment and dedication.”
Auction general manager Justin Brown said, “We are very honored to win this award and hope to continue our growth through 2020.”
He continued, “In addition to our success with UACC, we have experienced a great increase to our dealer consignment and commercial business. We have a great auction and are looking forward to continued success in 2020.”