Monday, Feb. 15, 2021, 04:09 PM
Motley’s Richmond Auto Auction in Virginia received three awards from C&F Finance Co. and C&F Remarketing, including Auction of the Year.
It is the second year that Motley’s has received the auction of the year award from C&F Finance, an indirect finance company based in Richmond that provides automobile, marine and RV financing in 22 states.
Motley’s Richmond Auto Auction, a subsidiary of Motleys Asset Disposition Group, also received C&F Finance Company’s Highest Retention Rate, and C&F Remarketing’s Auction of the Year for 2020.
C&F works with 26 auto auctions and gives the annual awards to the auction with the highest retention and volume.
Motley’s auctions an average of 500 vehicles every Friday and operates on 35 acres of land.
C&F Remarketing assists U.S. dealers, finance companies and banks in liquidating vehicles and assets through wholesale channels.
“We appreciate the great relationship and partnership we have built with the Richmond Auto Auction team,” said Mike Wilson, chief operating officer of C&F Finance Co. and C&F Remarketing.
Motley’s Richmond Auto Auction general manager Wyatt Carter said it was an honor to work with C&F Finance Co. and C&F Remarketing.
“I am enormously proud of our staff and the hard work they dedicate to this account and others like it,” Carter said. “Without the teamwork of every department, this would not be possible and we would not be recognized by our national consignor partners like C&F.”
In other news, Motley’s Richmond Auto Auction announced a new partnership with American Credit Acceptance, which is based out of South Carolina. That company will offer vehicles during Motley’s weekly Friday sale starting Feb. 19.