EDGE Simulcast Taking Off with Independent Auctions and Dealers

Auction Edge’s EDGE Simulcast™ has been taking off with independent auctions and has been installed at 20 auction facilities.

EDGE Simulcast platform allows auctions to promote their sales online, enabling fast-paced bidding across all auction lanes simultaneously while providing immediate access to vehicle information, condition reports and photos. Both the bidder and seller applications are user-friendly, robust and run reliably on industry standard web browsers.

Dealers can stay back at their headquarters and still acquire quality used vehicles, says Dan Kennedy, manager of General Motors Remarketing.

Harrisburg Auto Auction’s Lynn Weaver, Partner and General Manager of, says the auctions has received great feedback from dealers around country.

Read all about the Auction Edge announcement for more details on this innovative remarketing tool.

Beggs on the Used Car Market – NAAA

National Auto Auction Association leaders Jack Neshe and Ellie Johnson offer market insights and plans to support the wholesale market channels.

NextGear Releases New Mobile and Online Account Management Apps

NextGear Capital has released new mobile and online account management applications for customers to radically simplify management of their inventory finance accounts. The robust, easy-to-use online and mobile services are the result of NextGear Capital’s commitment to stay one step ahead of customers’ needs, the company said. “These latest innovations demonstrate our commitment to serve […]

Here’s a Recap of Breaking Remarketing News

Here’s highlights of market reports from late 2013 and into the new year; retail used vehicles saw an increase with franchised dealers leading sales. The Tesla brand did very well with Western region shoppers, Certified pre-owned vehicles continued to grow in popularity. Car shoppers responded well to advertised holiday lease deals, turning out the highest single-month lease rate on record.

Manheim Reports a Stable Market as Demand Stays Strong

Tom Webb, Chief Economist, Manheim Consulting: Wholesale pricing finished 2013 down 1.9% from year-end levels of 2012, Manheim said during its quarterly conference call. Used vehicle prices in US declined slightly in the last quarter of 2013 but remained at historically high levels as consumer demand stayed strong. While declining for the year, values were […]