MESA, AZ — AutoTradeCenter, Inc. has announced the launch of its “Preferred” Open Auction Program for members of the National Vehicle Leasing Association (NVLA).
The ATC Preferred Program provides NVLA members a simple, cost-effective channel to list and sell their inventory online to a national group of registered dealers utilizing ATC's Open Auction platform. “The Open Auction format is currently used by a variety of manufacturers and financial institutions to remarket their vehicles online,” said Stephen Wheeler, vice president of sales for AutoTradeCenter. “It is the perfect platform for individual automotive lease and loan companies, as well as credit unions, to “share the lanes” with major off-lease portfolios while taking advantage of the savings of upstream remarketing.”
Eric Cooper, Remarketing Manager for Credit Union Services Incorporated (Fairlease programs) stated; “We are pleased to be the first NVLA member to take advantage of this special program. Listing and selling from any location is made easy and our first month sales percentage was above our expectations. The greatest part is that I don't have to worry about the vehicle once a bid meets reserve.”