ADT touts certified plan
NASHVILLE, Tenn. - Consignors whose vehicles are certified under ADT Automotive's program are realizing an average net gain of 63 percent per vehicle at auction, the company says.
The ADT Certified brand was launched in April.
ADT's calculations show consignors who pay $625 - the average amount to certify a vehicle - realize a sales gain of $1,022 for a net return of $397 or 63 percent.
ADT Certified vehicles get a 110-point inspection and carry a 90-day/3,000-mile warranty from JM&A Group of Deerfield Beach, Fla. The warranty begins on the date of the retail sale and covers engine, transmission, drive axle, brakes, and steering and electrical components.
Certification also provides 24-hour roadside assistance for one year, travel breakdown protection and rental car coverage.
ADT operates 28 auctions in the United States.
ECONOMIST TO SPEAK
GLENVIEW, Ill. - Elizabeth Spear, an economic analyst for the National Automobile Dealers Association, is among the speakers scheduled to address the members of the National Association of Fleet Resale Dealers at their annual conference Oct. 7-9 in Bal Harbour, Fla.
The conference, titled 'Navigating a Sea of Change,' will examine issues affecting fleet resale, such as title conveyance and restrictions, franchise laws, and monitoring vehicle resale prices. Also at the conference, the group will unveil its operating plan for the 21st century.
The National Association of Fleet Resale Dealers is a trade association representing vehicle remarketing companies that handle large volumes of corporate fleet vehicles.