For Immediate Release
Vice President, Marketing
Insurance Auto Auctions Hosts Big Bad Bike Sales at 14 U.S. Locations
Salvage Bike Sales Offer Large Volume and Variety
Westchester, Ill. — Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced 14 locations that will host the 2010 IAA Big Bad Bike Sales throughout the U.S. The national campaign is geared toward motorcycle buyers and enthusiasts looking for large volume and variety of bikes from leading manufacturers.
“For the past 28 years Insurance Auto Auctions has been a leader in the insurance salvage auction business, and as part of that core focus, IAA offers motorcycle enthusiasts a unique opportunity to bid on and buy salvage motorcycles,” said Tom O’Brien, CEO. “IAA’s salvage motorcycle auctions offer a vast selection which results in high volume bidding and high returns.”
The 14 participating IAA locations to host the Big Bad Bike Sales include: Atlanta East, Baton Rouge (La.), Dallas, Fremont (Calif.), Hartford (Conn.), Indianapolis, Kansas City, Las Vegas, Los Angeles, Minneapolis, Nashville (Tenn.), Orlando-North (Fla.), Phoenix, and Taunton (Mass.). IAA auction preview dates and times vary from facility to facility; go to www.iaai.com for auction information.
Those interested in the Big Bad Bike Sales can participate either live in person, or live on-line with IAA’s signature hybrid auction model. Six of the IAA locations are located in states that permit public bidding. In the event a particular state does not permit public bidding, buyers may be able to buy through RideSafely.com, a broker that can purchase on behalf of public buyers. Additional restrictions may apply, so public buyers should confirm purchasing eligibility and vehicle registration requirements prior to the sale.
In addition to salvage motorcycles, IAA offers over a million salvage vehicles per year from automotive hybrids to classics and everything in between, as well as boats, motor homes, personal watercraft, snowmobiles, and travel trailers. IAA also offers salvage commercial vehicles that range from buses, trailers to trucks and heavy equipment such as cranes, emergency vehicles, farm, forestry and heavy-duty vehicles.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. (IAAI) a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), provides the advantage in salvage auto auctions with their Hybrid Auction Model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory, produce some of the industry’s highest returns for vehicle providers. With 28 years in the industry, IAA holds a comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.