United Auto Credit names auction of year
United Auto Credit has shared its 2020 Auction of the Year winner, and earning the annual award is Louisiana’s 1st Choice Auto Auction.
The company said its annual award considers all pieces of the remarketing process, including metrics like recovery percentage, conversion percentage, reporting accuracy and auction efficiencies, the latter measured by transport time, condition report time and repair completion.
“The team at Louisiana’s 1st Choice consistently put up strong results despite the many obstacles that 2020 presented,” Scott Mousaw, director of loss mitigation at United Auto Credit, said via email.
“Not only as it relates to the pandemic, but also in August had the added challenge of Hurricane Laura,” he said. “In the face of it all, we never saw a dip in performance in the auctions processes or the sale results.”
Louisiana’s 1st Choice Auto Auction has also been an honoree in each of the first five years of Auto Remarketing’s Best Auto Auctions Work For program, the only auction to do so.