Repo Remarketing Incorporates NADA Used Car Guide Info into Valuation System

Repo Remarketing recently ramped up its vehicle valuation system for managing credit union sales inventory.

The company explained its system now has auction sales guide information from NADA Used Car Guide. Repo Remarketing chief executive officer Lance Gartner thinks reviewing of each unit’s condition and mileage and comparing them to current competitive market reports of sold units is the best source in determining value.  

“Automotive industry businesses nationwide turn to NADA on a daily basis for the most market-reflective values available for the widest array of used cars,” Gartner highlighted.

“With many vehicle value guides and some confusion in the wholesale industry, Repo Remarketing was pleased that NADA introduced its auction sales guide to their product line in February 2010,” he continued.

“By adding this tool to its dynamic remarketing model, Repo Remarketing knows that the additional comprehensive sales data will drive more informed decisions and capture additional sale returns for our credit union partners,” Gartner went on to say.