Westlake Announces 2013 Auction of the Year

LOS ANGELES--()--Westlake Financial Services announces Kansas City Independent Auto Auction as the 2013 Auction of the Year. The second and third ranked auctions include Adesa Phoenix and Adesa San Antonio, and the top service auction is Adesa Colorado Springs.

“Kansas City Independent has been a reliable performer throughout the year, topping our rankings for the second, third and fourth quarters,” stated Bill Walters, VP of Westlake Remarketing. “Assistant General Manager, Jennifer Leocardi, has been an integral part of assuring top notch customer service and efficient operations.”

Westlake’s top auctions are chosen by narrowing the top 24 volume sales across the U.S. After that the auctions are evaluated based on scorecards that measure their sales effectiveness and service quality. Kansas City Independent Auto Auction has proven effective in these areas.

“We recognize the loyalty of these top auctions and appreciate their dedication to Westlake and our dealerships,” states Ian Anderson, President of Westlake Financial. “Kansas City Independent Auto Auction has surpassed our expectations and is a consistent partner for Westlake.”

Westlake Financial Services attends roughly 45 sales each month in more than 20 states. Dealers that are part of the Dealer Loyalty Program receive up to $250 towards the purchase of Westlake Vehicles at auctions when they refinance the vehicle through Westlake. When purchasing a Westlake vehicle, dealers buy with confidence through the 3 or 7 day guarantee on drive train on qualified purchases.

Dealerships can preview the run list and promos Westlake has to offer prior to attending the auctions through DealerCenter. Dealers are also encouraged to visit the Westlake sales reps at the auctions to learn about programs to save money. Questions? Please contact your local Westlake Dealer Account Manager or call 1.888.8YesYes or 1.888.893.7937.

About Westlake Financial Services: Westlake is an internet based, privately held finance company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of over 18,000 new and used car dealers throughout the United States. Westlake also offers portfolio purchasing through their ALPS division (Advanced Lending & Portfolio Services); www.WestlakeALPS.com. Direct to consumer title loans and unsecured loans are done through Westlake’s wholly owned subsidiary, Wilshire Consumer Credit. Flooring lines of credit are done through their Westlake Flooring Services division; www.WestlakeFlooringServices.com. All collections and servicing are performed in-house from its central facility located in the Mid-Wilshire area of Los Angeles.

www.WestlakeFinancial.com

Contacts

Westlake Financial Services
David Goff, Director of Marketing
(323) 692-8992
dgoff@WestlakeFinancial.com

Westlake Financial Services Remarketing presents Kansas City Independent (KCI) Auto Auction with a plaque of recognition as the 2013 Auction of the Year. From left to right: KCI General Manager Doug Doll, Westlake Regional Auction Rep Mike O'Brien, and KCI General Sales Manager Jennifer Leocardi. (Photo: Business Wire)

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Release Summary

Westlake Financial Services announces Kansas City Independent Auto Auction as the 2013 Auction of the Year. The second and third ranked auctions include Adesa Phoenix and Adesa San Antonio.

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Contacts

Westlake Financial Services
David Goff, Director of Marketing
(323) 692-8992
dgoff@WestlakeFinancial.com