Impact Auto Auctions Enhances Industry-Leading Online Auction Platform

AuctionNow™ Includes More Features for Buyers to Create a Customized Buying Experience

Impact Auto Auctions Ltd., a subsidiary of Insurance Auto Auctions Inc. (IAA) and a business unit of KAR Auction Services Inc. (NYSE: KAR), announces new features to Impact AuctionNow™ its online vehicle auction platform. The redesigned interface offers buyers the ability to create their own customizable, unique bidding experience, resulting in convenience and data that make purchasing a vehicle easier.

Enhanced features include:

  • New auction viewing options. Buyers can now view and participate in an unlimited number of auctions on the same page view, while using enhanced filters to find vehicles quickly.
  • New bidding features. Buyers can now bid with a single click with the new “jump bid” option. Buyers can also now set up an “auto-bid” function for a vehicle before it goes on the block or queue future bids so they never miss a buying opportunity.
  • Enhanced auction reminders. Buyers will never miss another auction with the “Follow Auction” button. Reminders help buyers better manage their time and ensure they can bid on the inventory they need most.

“Impact AuctionNow™ was designed to meet the unique needs and buying preferences of all our buyers,” said Blair Earle, managing director at Impact. “It is a one-of-a kind platform in the industry that includes value-added features to reduce buying cycle times. We can now cater to our high-volume buying participants as well as those simply looking for a unique vehicle.”

Impact Auto Auctions is the leading Canadian salvage auto auction with the largest facility footprint, serving the automotive total-loss industry with more than 14 facilities across Canada. Impact Auto Auctions provides a marketplace for the sale and purchase of high-mileage, aged or damaged insurance, rental, fleet, lease, finance, dealer, manufacturer and charity vehicles.

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