NextGear Capital honored four independent auctions during its fourth annual Auction Partners awards ceremony for their services toward growing and supporting the overall industry and their communities.
West Michigan Auto Auction, San Antonio Auto Auction, and Houston’s 1st Choice Auto Auction were honored with the Operational Excellence award, which is given to auctions that demonstrate excellent efficiency, top sales retention, overall operational performance, and the most effective response to the needs of NextGear Capital, according to the company.
NextGear Capital also presented the Remarketing Excellence award to Carolina Auto Auction, which honored the auction for demonstrating the highest percentage of sales recovered based on percentage of valuation of each vehicle and the best sales follow-up, which means having efficient timing on getting proceeds of sales to NextGear Capital, according to the company.
“These auctions serve as examples for others in the industry to follow. As partners in their business, NextGear Capital has seen firsthand their commitment not only to superior customer service but their dedication to best practices and community,” said Randy Dohse, NextGear Capital’s senior vice president of operations.
The honorees were announced during the 2016 National Auto Auction Association convention in Las Vegas.