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The facility is now the location of an ADESA automobile, truck, and boat warehouse and live auction site. The company claims that the facility is the largest indoor auction house in the world, capable of housing 10,000 autos and 4,000 people. Framingham Assembly was located just South of downtown Framingham at Loring Drive and Western Avenue.
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Not many used car auto buyers know the brand name Adesa, but there’s a decent chance your car was bought or sold at one of their landmark auto auction houses. If you get a chance to check out a ...
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Vehicle remarketing is the controlled disposal of fleet and leasing vehicles that have reached the end of their fixed term.. In vehicle leasing, after the lease expires, the lessee either returns the vehicle to the supplier or buys it.
Manheim, Inc. is an automobile auction company. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats.
Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland.
[10] [11] In 2022, Carvana acquired ADESA, the nation’s second-largest wholesale auto auction chain, for $2.2 billion to increase its real estate footprint. [12] In response to the COVID-19 pandemic, Carvana introduced touchless delivery and pick-up in March 2020. [13]
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