According to a news release distributed on Tuesday, Sagent Lending Technologies announced its 2018 Auction of the Year award winner.
At the start of each year, Sagent analyzes the prior year’s performance metrics for all of its auction partners, awarding the top performer with the designation of Auction of the Year. And receiving the latest accolade was ADESA Cincinnati/Dayton.
To qualify for the award, an auction must be a member of the National Auto Auction Association, reside within Sagent’s preferred auction network and outperform its peers within the designated calendar year.
As determined by its accumulation of points within Sagent’s National Quality Control Program (NQCP), the company’s 2018 Auction of the Year award winner is ADESA Cincinnati/Dayton located in Franklin, Ohio.
The company said runners-up included Manheim Louisville located in Clarksville, Ind., and Manheim Dallas.
ADESA Cincinnati/Dayton auction provides registered dealers, brokers, automobile manufacturers, rental agencies, as well as corporate and government fleets with a complete vehicle marketing solution in Ohio.
When speaking of the honor, ADESA president John Hammer said, “ADESA Cincinnati/Dayton and all ADESA auctions are committed to quality and focused on creating a seamless, efficient customer experience. Recognition of our efforts from a remarketer like Sagent Lending Technologies is an indication that we’re doing something right.”
ADESA Cincinnati/Dayton was presented with the award at an appreciation dinner held by Sagent Lending Technologies on Monday.
“Sagent expects the highest quality and standards from their vendor partners. ADESA Cincinnati/Dayton is one such partner that goes above and beyond expectations and deserves the 2018 recognition as Auction of the Year,” Sagent Lending Technologies chief product officer Charles Sutherland said.