NPA News
Keep up with the lastest NEWS & UPDATES from the leader in pre-owned powersport
May 19, 2022
Introducing Value Guide Pro™ - Available Today!
Value Guide Pro™ is the industry’s most powerful powersport pricing tool ever. Based on 20+ years of market data and historical trends, the proprietary machine learning model recognizes patterns in vehicle pricing behavior based on inputs like seasonality, depreciation, region, mileage, and condition to provide a the most accurate estimate wholesale valuation for a powersport vehicle. Value Guide Pro is the first-ever AI driven powersport valuation tool to project estimated values for a vehicle, in real-time, based on user input. A value can be generated for vehicles in nearly all major powersports vehicle categories, up to 20 years old, regardless of auction transaction history or volume.
Feedback:clientrequest@npauctions.com
March 2, 2022
Purchase Pre-Owned with Confidence | NPA Condition Reports
With NPA's proprietary condition reports, dealers can buy and sell pre-owned inventory with confidence. Each vehicle goes through an extensive inspection by an NPA specialist, getting rated on over 35 inspection points and given 3 scores; overall, mechanical and cosmetic. Dealers will also see over 25 detailed photos to review.
Feedback:clientrequest@npauctions.com
May 28, 2021
NPA Breaks Ground in Lakeland, Florida
National Powersport Auction held a groundbreaking ceremony celebrating the start of construction on its future home in Lakeland, Florida. The 45-acre property will be the permanent location to a state-of-the-art 140,000 sq. ft. auction facility that will service powersport, RV and marine dealers.
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Mar 2, 2021
How To Use NPA Value Guide Pro
NPA Value Guide Pro is the powersport industry’s first AI-driven valuation tool to project estimated values for a major powersport vehicle, in real-time, based on dealer inputs. Based on 20 + years of market data and historical trends, the machine learning technology within Value Guide Pro recognizes vehicle pricing patterns and considers seasonality, depreciation, region, mileage, and condition to provide the most accurate wholesale value estimate for that vehicle.
Feedback:clientrequest@npauctions.com
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.
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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
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.
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.
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.
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.
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