North Toronto Auction is now the exclusive auto auction for Kia Canada’s service buy back units.
The independent auction located in Innisfil about an hour north of Toronto said the first closed auction was held in early December with “100 per cent sold conversion.”
“This is going to be a great relationship between two emerging companies in the industry,” says Frank Panza, owner/partner of North Toronto Auction.
Kia Canada’s Richard Pasta said North Toronto Auction gives Kia Canada “additional market exposure” for its service buy back units.
“Our participating dealers gave incredible feedback after our first auction. The dealer’s are already inquiring as to when the next auction will be held,” he said.
North Toronto Auction specializes in both dealer closed auctions and public auctions. It is also a member of the Independent Canadian Auction Network, allowing them to service fleet accounts nationally.