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As the NAAA celebrates its 62nd Anniversary and salutes a number of member auctions, information about the early beginnings of the auction industry is hard to come by. Only a patient and diligent search of industry publications and websites reveals some insight into the accomplishments and achievements of a few early pioneers. http://www.shipcarsnow.com
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A History of Auto Auction Pioneers
September 9, 2010
A Union Pacific Company
The NAAA
• As the NAAA celebrates its 62nd Anniversary and salutes a number of member auctions, information about the early beginnings of the auction industry is hard to come by.
• Only a patient and diligent search of industry publications and websites reveals some insight into the accomplishments and achievements of a few early pioneers.
A Union Pacific Company
The NAAA cont.
• Few industry outsiders realize the size, scope and strategic importance the wholesale motor vehicle auction industry plays in fueling the U.S. auto industry and ultimately the national economy
• In 2009 alone, National Auto Auction Association (NAAA) North American member auctions moved almost 14.7 million vehicles through their lanes at a sales rate of 61%. Over 8.9 million vehicles were sold at an average sale price of $9,026, representing a combined gross value of $80.9 billion.
A Union Pacific Company
J.M. Rawls – Rawls Auto Auction, Leesville, SC
• J.M. "Martin" Rawls is recognized as holding the first wholesale auto auction.
• Rawls was a farmer at heart and owner of Rawls Auto Sales, a used-car outlet in Leesville, South Carolina.
• After attending a cattle auction in Columbia, he wondered if cars could also be sold the same way
A Union Pacific Company
J.M. Rawls – Rawls Auto Auction, Leesville, SC cont.
• In March of 1938, Rawls and his partner, S.L. "Monty" Montgomery, decided to give it a try.
• They built an auction booth in the garage at Rawls Auto Sales and hired Col. R.H. Sapp as their auctioneer.
A Union Pacific Company
J. Frank Brasher – Brasher’s Salt Lake Auto Auction
• Frank Brasher founded Salt Lake Auto Auction in 1949
• Over the years, Brasher pioneered a number of customer-focused innovations and built a loyal following among dealers from Utah, Idaho, Nevada, Colorado, California, Washington, Oregon, Montana and Canada
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J. Frank Brasher – Brasher’s Salt Lake Auto Auction cont
• The Salt Lake Auto Auction was the first to offer full reconditioning and dealer floor planning, which Frank introduced in the 1950s.
• Transport service by an auction-owned fleet began in the 1960s
A Union Pacific Company
Salt Lake Auto Auction
• Salt Lake Auto Auction was also among the first in the country to host sales for Ford, General Motors, and Chrysler in the 1960s.
• Today, the spacious, modern facility encompasses 70-acres, including a 17,000 square foot main office and storage for over 7,500 vehicles
A Union Pacific Company
Frank J. Brasher
• Frank J. Brasher served as NAAA President in 1973 and was inducted into the NAAA Hall of Fame in 1987. A son, Larry F. Brasher, also served as NAAA President in 1989 and was inducted into the NAAA Hall of Fame in 2005
A Union Pacific Company
Irving Mondore – Central New York Auto Auction
• The CNY Auto Auction is a tribute to Irving Mondore, a former dairy farmer and used car salesman who founded the Syracuse Auto Auction in 1954.
• The fledgling auction struggled at first.– However, a major turning point occurred in 1962, when Mondore
changed the auction to an evening sale
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Irving Mondore – Central New York Auto Auction cont.
• His daring idea was met with immediate success and crowds suddenly doubled in size.
• A new multi-lane facility was soon constructed, but it was Mondore's emphasis on superior customer service with indifference to dealer size that was the prime contributor to the auction’s success.
A Union Pacific Company
About
• We are a Union Pacific Company – Trusted name & leader in transportation– Delivering over 6 million cars annually
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