NAAA Releases Survey Findings on Auction Industry Trends

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Frank Hack­ett
CEO
Nation­al Auto Auc­tion Asso­ci­a­tion

NAAA sur­vey results show slight vol­ume increase in 2012 — sign auc­tion indus­try will see increas­es in vol­ume of cars enter­ing and being sold at auc­tion in years to come. Results show strength and depth of a mature indus­try that despite var­i­ous chal­lenges has demon­strat­ed its resilien­cy.

Click here to read press release on NAAA indus­try sur­vey

NAAA Mem­ber Auc­tions Sold Esti­mat­ed 7.9M Used Vehi­cles Worth $72.7B, Accord­ing to 16th Annu­al Sur­vey:
Num­ber of vehi­cles enter­ing auc­tions (exclud­ing upstream sales) increased by 6.4% to 14.6M, and con­ver­sion per­cent­age was down 1.7%.

Deal­er Con­sign­ment Vehi­cles Rep­re­sent­ed Largest Num­ber of Units Sold at 58.4%:
Finance & Fleet (Lease/fleet/repo) at 34.5%, Man­u­fac­tur­er (Fac­to­ry) vehi­cles 6.6% and 0.5% from oth­er sources.

2012 Sur­vey Report­ed Aver­age Pay­roll of $3.4M and con­tributes $13K annu­al­ly to Char­i­ty:
2011 sur­vey data revealed aver­age NAAA auc­tion mem­ber oper­ates an 8-lane facil­i­ty on 79 acres, and employs aver­age of 140 peo­ple.

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