The Car and Truck Fleet and Leasing Management Magazine

M&I Dealer Finance, Inc., Remarkets Off-Lease Vehicles with AutoTradeCenter

December 17, 2003

AutoTradeCenter, Inc. (ATC) recently announced the online remarketing of off-lease vehicles from M&I Dealer Finance, Inc. (M&I), a financial services corporation headquartered in Milwaukee, Wis., on ATC’s Open Auction platform. The program is scheduled for rollout this month.

ATC’s Open Auction online remarketing channel was selected as a complimentary enhancement to M&I’s current program of selling front-line ready lease returns to a select dealer body in the Midwest. “ATC’s Open Auction registered base, of thousands of dealers nationwide, offers M&I an opportunity to expand its remarketing presence and increase sales,” stated Brian Fox, assistant vice president for M&I Dealer Finance. “We chose AutoTradeCenter as a partner due to the company’s successful program results with many top-level remarketers across the country.”

“M&I’s portfolio of late-model, reconditioned vehicles is ideal for ATC’s Open Auction,” comments Stephen G. Wheeler, vice president of sales for AutoTradeCenter. “ATC has developed a comprehensive online remarketing program for financial institutions, of all sizes, to make it easier than ever to take advantage of the many cost savings and benefits from upstream Internet remarketing.”

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