SANFORD, Fla. — Sanford Auto Dealers Exchange late last week picked a remarketing veteran to be its new national accounts manager. The independent auction located in central Florida decided to go with Michael Mancuso for the post.

"We are very pleased to have Mike with us at SADE," noted Michael Tumminello, the auction's owner and managing partner.

"He brings extensive remarketing experience from his years working for consignors, complementing our fleet/lease staff perfectly," Tumminello continued.

"Mike's addition to our auction team, combined with our state-of-the-art reconditioning center and new weekly GMAC sale, gives us the horsepower we need to complete our evolution toward expanded fleet/lease sales," Tumminello went on to say.

The auction noted Mancuso most recently served as national remarketing manager for Consumer Portfolio Services, an auto finance company headquartered in Irvine, Calif.

"SADE has enormous potential for additional fleet sales," Mancuso emphasized.

"I was surprised to find such a state of the art facility in central Florida, where I thought I was familiar with all the existing auctions. The dealer base is tremendous, and the Orlando market has really needed a strong independent auction as an alternative for institutional consignors," he highlighted.

"SADE has all the tools necessary to provide outstanding customer service along with strong bidding in the lanes and online," Mancuso added.

Pierre Pons, president of TPC Management which provides consulting to SADE, also commented on this auction's promising future.

"The recent addition of GMAC establishes Sanford Auto Dealers Exchange as a force to be considered in the Florida market," Pons stressed.