For Immediate Release
Vice President, Marketing
Insurance Auto Auctions Relocates Facility in Greenville, S.C.
Location Offers Larger Capacity and Convenience for Buyers and Sellers
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 it has relocated to a 20-acre facility in Simpsonville, S.C., which is located near Greenville. This new location offers convenient access to several major interstates and highways. Now with 43 branch locations in IAA’s southeast region, this facility adds to the more than 150 corporate-owned facilities throughout North America.
“IAA continues to provide branch locations that have the capacity to hold a large variety of salvage vehicles for buyers to choose from, and convenient locations that decrease towing costs for sellers,” said Tom O’Brien, CEO. “We pride ourselves as a ‘one-stop shop’ for insurers by providing the largest facility footprint and a comprehensive suite of auction, logistics, and claims services. We help maximize salvage returns by offering a hybrid auction model where our buyers choose how to participate by either placing bids in-person at a branch location, or on-line over the Internet. Simply put, by offering more branch locations, IAA helps to lower administrative costs, and ultimately shorten the claims process.” O’Brien stated.
IAA’s mature global buyer base, which consists of automotive body shops, rebuilders, used car dealers, automotive wholesalers, exporters, dismantlers, recyclers, brokers and, where allowed, non-licensed (public) buyers, now have even more choices when it comes to the number of salvage vehicles to bid on and buy.
IAA’s Greenville branch location is located at 422 Scuffletown Road in Simpsonville, S.C. IAA auction preview dates and times vary from facility to facility. For more information, go to IAA’s Branch Information page at iaai.com.
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 its 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 its 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.