Insurance Auto Auctions Expanding into Wisconsin
This is a pretty cool piece of news for those of you who follow auctions – some automobile transport companies do, I know that. Anyway, Insurance Auto Auctions has opened another Midwestern facility in Portage, Wisconsin, which is the 20th IAA facility in the Midwestern region. Aside from auctions they also provide salvage remarketing and storage for both buyers and sellers at their auctions.
Officials are claiming that the main reason for the expansion is the fact that buyers need a broad inventory of total-loss vehicles to salvage from and the more places they’re in the better the buyers can access their inventory. Which makes sense – it’s like opening up a new supermarket in an area that needs it so people don’t have to drive thirty miles to buy groceries. IAA also handles recovered theft vehicles, fleet-leases, dealer trade-ins and collision damaged vehicles, which people can pick up much cheaper than at a brand-name dealer. If you want more information you can always visit their website for current dates and times of their auctions.