WESTLAKE, Texas--(BUSINESS WIRE)--defi MANAGED SERVICING Remarketing, the remarketing services of the defi SOLUTIONS platform of products and services, is recognizing the relationship and contributions of partner Manheim Dallas by bestowing its annual award for Auction of the Year.
With more than 100 operating locations worldwide and mobile auctions held at non-traditional locations, Manheim is the world's largest, most comprehensive wholesale vehicle marketplace for the millions of vehicles that change hands every year. Manheim Dallas and other Manheim auctions continuously perform at the top of their game for defi and its lenders. Manheim Dallas has earned top 3 recognition from defi for the past 5 years.
ADESA Cincinnati/Dayton and ADESA Phoenix are also being recognized in second and third place respectively.
With a US vehicle auction market valued at $3.21 billion in 2022 and expected to reach $3.82 billion by 2028, outsourced remarketing services offer lenders an ultimate mode of vehicle disposition.
defi REMARKETING, an outsourcing service of defi’s MANAGED SERVICING, has been in business since the late-1980s and has presented the Auction of the Year Award for more than two decades through their National Quality Control Program. To qualify, an auction must be a member of the NAAA (National Auto Auction Association), be located within defi’s preferred auction network, and outperform its peers within a designated calendar year.
During these years of partnership, defi REMARKETING has been well-supported by experienced staff, leading technology, proven processes, and strong industry relationships, such as this partnership with Manheim and has been empowered to lower costs, shorten turnaround times, and maximize the resale price of off-lease and repossessed vehicles for its lenders.
“Manheim Dallas consistently ranks as a volume sales leader,” said Steve Bissett, defi SOLUTIONS VP of client services. “We trust and count on them to always go above and beyond for our clients, making sure our clients’ best interests are represented.”
“Being recognized by our clients is the highest honor our team can receive,” said Rich Curtis, general manager of Manheim Dallas. “Receiving the 2022 Auction of the Year award by defi speaks volumes about our team’s pride and commitment to helping our clients achieve their goals while providing outstanding service. We are truly honored by this recognition from such a great partner.”
About defi SOLUTIONS
defi SOLUTIONS offers solutions for the lender’s end-to-end loan or lease lifecycle. Partnering with captives, banks, credit unions, and finance companies, defi’s market-leading solution helps lenders exceed borrower expectations. From digital borrower engagement through remarketing, defi sets new standards for flexibility, configurability, and scalability in originations and servicing and outsourced managed servicing. defi SOLUTIONS has the backing of Warburg Pincus, Bain Capital Ventures and Fiserv. For more information, please visit www.defisolutions.com.
