NPA News

NPA News

Keep up with the lastest NEWS & UPDATES from the leader in pre-owned powersport




Previous Issues



Previous Issues




Previous Issues




June 22, 2020

NPA Used Market Insights for June 14th - June 20th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Feedback: clientrequest@npauctions.com

June 13, 2020

NPA Used Market Insights for June 7th - June 13th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

It was another strong week at the auctions with all three locations seeing 95-98% conversion rates and record NADA pricing. Although this has become a new normal the previous few months, we anticipate the trend to slow down in the coming weeks.

Feedback: clientrequest@npauctions.com

June 8, 2020

NPA Used Market Insights for June 1st - June 8th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Feedback: clientrequest@npauctions.com

June 4, 2020

NPA Used Market Insight Video featuring Wells Fargo’s Jeremy Jansen

With no auctions running the week of May 24 – 30, this week’s NPA Used Market Insight video is a little different, as Tony Altieri, VP of Business Development at NPA interviews Jeremy Janson who works with Wells Fargo Commercial Distribution Finance.

Feedback: clientrequest@npauctions.com

May 25, 2020

NPA Used Market Insights for May 18th - May 24th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Feedback: clientrequest@npauctions.com

May 18, 2020

NPA 60-Day Recap / 60-Day Outlook 5-17-20

NPA 60-Day Recap / 60-Day Outlook with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Motorcycle Industry Council: https://www.mic.org/Downloads/COVID/EssentialWorkers.pdf

Feedback: clientrequest@npauctions.com

May 11, 2020

NPA Used Market Insights for May 4th - May 9th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Motorcycle Industry Council: https://www.mic.org/Downloads/COVID/EssentialWorkers.pdf

Feedback: clientrequest@npauctions.com

May 4, 2020

NPA Used Market Insights for April 27th - May 1st

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Motorcycle Industry Council: https://www.mic.org/Downloads/COVID/EssentialWorkers.pdf

Feedback: clientrequest@npauctions.com

April 27, 2020

NPA Used Market Insights for April 20 -26th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Motorcycle Industry Council: https://www.mic.org/Downloads/COVID/EssentialWorkers.pdf

Feedback: clientrequest@npauctions.com

April 20, 2020

NPA Used Market Insights for April 13 - 19th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

April 14, 2020

NPA Used Market Insights for April 6 - 10th

NPA's weekly update with Tony Altieri. Providing dealers with the insight of the impacts during the
COVID-19 crisis.

Jim CEO

January 30, 2020

Jim Woodruff Succeeds Cliff Clifford as New CEO

Cliff Clifford is stepping back from day-to-day operations and Chief Operating Officer Jim Woodruff becomes the second CEO in NPA history.



July 12, 2019

Satellite Location & Candidates - Live Auction Communication

Vehicles in Satellite locations are more clearly identifiable within the Live Auction inventory previewing.


Update Sales Fee Info on Website

All sold vehicles are subject to a 7% sale fee with a minimum of $50 and cap of $350 up to a $25,000 sale price. Or, a no sale fee is $80.


Dealer Account Inventory Page – “Redeemed” Explanation

Redeemed units are unregistered for auction, removed from future auction line ups, and ready to be picked up or re-consigned. This definition can be accessed from the Redeemed Units (?) icon on the Inventory page.


Website Navigation Changes

Dropdown menus were removed from the Login, Sell, Value Guide, and Contact homepage navigation bar. Now you can click through directly to a landing page.


NPA Value Guide

June 10, 2019

Value Guide Consign Now Button

When dealers search the value of their vehicle in the VG they can click a Consign Now button to start the process directly from there.


July 10, 2019

Auction Check-Out Automation

Starting 7 days after an invoice, billing, or payoff dealers will get Past-Due notices emailed to them weekly until paid.

App

June 6, 2019

Counter Offer Ability Seller

Sellers now have the ability to counter a Subject To pending bid in $100 increments ONLINE ONLY. It is a one-time counter.


Dealer Portal Subject-To Page Changes

When a SELLER has a S/T and they choose to counter, sell, or hold their reserve their action will be captured in the vehicle listing so they can reference it later in the day.
When a BUYER has a S/T, they will be notified that the vehicle is "Waiting on Seller Counter Offer" before the buyer can chose to accept or deny.


Notifications on Online Auction Items

  • Sellers will be emailed when an item is listed on eSale and other online platforms.
  • Sellers will be notified 24 hours prior to the item closing.
  • Sellers will be notified when an item closes out.

CR Changes after Proxy Bids are Made

If a Condition Report changes while a Proxy Bid is active, the proxy bidders(s) will be notified by email.


FedEx Payment Tracking

If the 2-day FedEx mail option is selected ($25 fee to dealer), once the check is cut the dealer will find FedEx tracking in their account under "Payoffs."


IFT Notifications

Dealers will be notified by email when an IFT arrives at the designated location so they can set up transport


Scanning In and Out Photos

Dealers that pick up or drop off their own vehicles will notice the operations team taking pictures of their vehicles as they arrive and leave for documentation purposes.


Transportation ETA Updates

All dealers should now be notified when an ETA change occurs for IFTs and outbound transport.