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This Week at DAA Northwest
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This Week's Lot Map
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DAA Northwest
Golf Tournament Registration
& Sponsorship Form
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NEW START TIME - 8:30 a.m.
All Thursday sales will now
start at 8:30 a.m.
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Bob's Auction Update
As I mentioned last week, here at DAA we are committed to providing our dealers with the tools necessary to maximize their profit opportunity and make the most of their time at the auction. A tool we feel we need to provide is information along with a sense of perspective about the market as we see it—recognizing that it is only our opinion.
At DAA, we also are committed to a sense of optimism about what we can accomplish regardless of the external circumstances. Along with that optimism is awareness and a sense of realism about what is going on around us.
The reality of the current market is frankly unprecedented in recent history. Not since the oil embargo of 1973 has wholesale used vehicle demand been so polarized.
Over the past several weeks, demand for full size trucks and SUVs has continued to erode while the need for passenger cars (especially small ones) has exploded. The dilemma we all face is the abundance of truck and SUV inventory in the marketplace that has been created by the broad, long-term success of that segment over the last many years. Basic economic principles of supply and demand are in full force, ruthlessly driving down truck and SUV prices while passenger car prices escalate.
Those with available cash flow and balanced inventory are able to selectively buy in the truck segment and are making tremendous buys. There are long lines of trucks and truck sellers competing for those precious few truck dollars being spent each week.
To quote the great economic historian Sir John Templeton, “To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude and pays the greatest rewards.”-Something to think about!
We have held some “town hall meetings” with our customers over the past few weeks and plan to continue as we communicate and receive valuable feedback on some of the new and rapidly evolving policy and procedure upgrades going on here at DAA.
Effective April 30th, here are a few policy upgrades you can look forward to:
Consignor Disclosure
All X-Group dealer consignment sellers will be disclosed and displayed on our lane monitors, giving buyers higher awareness as to the origin of the unit being bid on. Our major Midwest and East Coast consignors are participating exclusively in the X-Groups and will be disclosed on the monitors. The VIN will also be displayed to help buyers more quickly decode the sub model information of the vehicle being offered.
Arbitration
Vehicles with up to 125K miles will be subject to standard drive train green light coverage. A “corrosion policy” is developed and will be used as part of the arbitration process in evaluating and arbitrating units for excess corrosion.
Fees
DAA is introducing a unique and simplified fee schedule that has a value added fee cap and a maximum sale fee of $350.
We look forward to receiving your feedback on these and many other initiatives that will be coming forward over the next several weeks.
Remember- Our character is developed and defined by how we
deal with the tough times, not the good times.
We look forward to continuing to partner with you.
Bob McConkey
President
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NADA/NAAA Official Auction
Instruction Course
Registration
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Updated DAA Rules & Policies
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Summary of Updates
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Corporate Consignor
Arbitration Guidelines
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MotorSports & RV
Auction Calendar
DAA proudly offers an array of motorcycles, boats, RVs, trailers and other recreational equipment during it's regularly-scheduled MotorSport & RV sales.
Please note that the first sale of each month features MotorSports units (motorcycles, ATVs, snowmobiles, etc.) while the second sale of each month features RVs, boats, and other similar items.
May 15th
June 12th & 26th
July 10th & 31st
August 14th & 28th
September 11th & 25th
October 9th & 23rd
November 6th & 20th
December 4th & 18th
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AuctionAccess Registration
DAA Northwest utilizes AuctionAccess, the number one dealer registration system in the United States.
NOTE: In order to take full advantage of the benefits AuctionPipeline has to offer, dealers must be registered though AuctionAccess.
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| Downloads |
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Dealer Registration Downloads
Please download the four links below, fill them out completely, and bring them to the front counter or fax
them to 509-244-8244
Attention: Dealer Registration. If you have any questions, please call us at 509-244-4500.
YOU MUST DOWNLOAD ALL FORMS
1. Auction Access Dealer Application
2. Auction Access Dealer Authorization
3. Auction Access Individual Authorization
4. Dealer Registration Packet
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