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 San Antonio by bestowing its annual award for Auction of the Year.
defi MANAGED SERVICING Remarketing has presented the Auction of the Year Award for more than two decades through its 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.
With more than 100 operating locations worldwide and mobile auctions held at non-traditional locations, Manheim San Antonio and other Manheim auctions continuously perform at the top of their game for defi and its lenders. This is a first recognition for Manheim San Antonio.
Also being recognized are Carolina Auto Auction of Williamston, SC and America’s Auto Auction Kansas City of Kansas City, MO, in second and third places respectively.
With vehicle auctions continuing to provide a lucrative alternative for vehicle disposition and now appealing to lenders, dealerships, and private customers around the country, defi MANAGED SERVICING Remarketing volumes for 2023 were up 30% over the previous year. defi continues to offer a full-service remarketing program – with reconditioning, inspection, transportation, and auction sale – for banks and financial institutions of all sizes.
“Manheim San Antonio made an impressive showing this past year,” said Steve Bissett, defi SOLUTIONS VP of client services. “Through quality of both service and customer experience offered by Manheim San Antonio our clients’ best interests were well represented.”
“The team and I are ecstatic to be named Auction of the Year. defi is an amazing partner. The collaboration and support we receive from defi Auction Manager Chris Colosi is incredible. We look forward to growing this relationship for years to come,” Mike Browning, general manager.
During these years of partnership, defi MANAGED SERVICING Remarketing has been well-supported by experienced staff, leading technology, proven processes, and strong industry relationships, such as this partnership with Manheim San Antonio, and has been empowered to lower costs, shorten turnaround times, and maximize the resale price of off-lease and repossessed vehicles for its lenders.
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, 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.
