INDIANAPOLIS – ServNet auctions have been name top performers in three of five regions for Donlen in 2005. For the third consecutive year, Pennsylvania Auto Dealers’ Exchange (PADE) was the top-ranked vendor in the Northeast, and Indiana Auto Auction placed first in the Central Region for the second consecutive year. Brasher’s Cascade Auto Auction, the top performer for Donlen in the Western Region for the past three years running, was once again named top vendor in the region, sharing the regional honor with Greater Auto Auction of Phoenix.
The Donlen Award takes into account performance during the 2005 calendar year. To qualify, remarketing outlets must meet criteria for consistently selling multiple Donlen vehicles throughout the year. They are then rated based on number of days to pickup; days to sell; and average sale price compared to actual auction results for similar vehicles. Donlen’s scoring system precisely calculates performance statistics to one-one hundredth of a percent; in cases where a negligible quantity separates the top contenders, Donlen designates a tie.
Donlen will make formal presentations to the auctions at the CAR conference in Las Vegas in March.