If an email send to dealers this week, Ford is encouraging Ford, Lincoln and Mercury dealers to establish relationships with companies that can assist them with properly disposing of the clunkers that are traded in from the Car Allowance Rebate System (CARS).  Ford provided dealers with information on two national companies for dealers to contact. 

Dealers were not required to use their two companies but we expect that Ford has done their due diligence before recommending these tow national firms.

The two companies recommended by Ford were Adesa /IAA and Manheim/Total Resource Auctions. Both of these companies are well respected leaders in their industry and are prepared to provide car dealers with a one stop shopping solution.

Both companies have subsidiaries that specialize in scrapping and disposing of vehicles. The companies have comitted to sell the parted components through an auction system that provides the dealer and the consumers with the best opportunity to get maximum dollar for the vehicle.

Adesa and Insurance Auto Auctions

Here is an excerpt from the flyer sent to dealers from Adesa and IAA:  (www.iaai.com)

ADESA and its sister company Insurance Auto Auctions (IAA) are Ford, Lincoln and Mercury Dealers’ source to maximize the value of Cash for Clunkers vehicles. Using IAA to move these vehicles is quick and easy. IAA expects to be a qualified service provider once the program rules are finalized providing dealers the ability to turn these clunkers into cash – fast. IAA makes managing Cash for Clunkers easy by:

• Assisting with estimating the value for a Cash for Clunkers vehicle
• Picking-up vehicles fast and towing them to one over 138 IAA Facilities within 2 business days for dealerships
  within 100 miles of an IAA facility, and within 3 business days for dealerships outside of 100 miles.
• Ensuring participating Ford, Lincoln and Mercury Dealers can assign a vehicle to one of IAA’s Facilities
  with a quick phone call or via the Internet 24 hours a day, 7 days a week.

TITLING AND REGULATORY COMPLIANCE

IAA manages all of the details including converting Clunker titles into the required non-repairable title for your
state. And, IAA’s title experts are truly experienced title professionals processing well over a million titles per
year throughout the United States. As a salvage auction industry leader, IAA understands how to quickly
process Cash for Clunker vehicles.

• IAA automatically meets all of the current federal reporting requirements for the NMVITS database.
• Cash for Clunkers vehicle purchases will be restrict to qualified buyers based on final rules.
• IAA’s systems ensures Cash for Clunker’s vehicle processing and transactions are compliant.
  

In these tough economic times, IAA knows that every dollar counts. With the IAA Hybrid Auction Model, we combine
the live auction excitement with simultaneous Internet bidding. Once the branded title is obtained, IAA will
sell Ford, Lincoln and Mercury Dealer’s Cash for Clunker vehicles quickly and for a one time flat fee. And, IAA will
send dealers their proceeds within 5 days of the auction so that you can put that cash back to work

Manheim and Total Resource Auctions

Manheim and Total Resource Auctions will be offering a similar service for car dealers across the country.  Program updates will be available at www.traauctions.com and www.manheim.com.

• National Clunker Memorial Gallery
• Links
• Archives