Westlake Names Kansas City Independent Top Overall Auction
Westlake Financial Services named Kansas City Independent the Top Overall Auction for the third quarter. It finished near the top in almost all sales categories.
LOS ANGELES —Kansas City Independent was named Top Overall Auction and Most Improved Auction by Westlake Financial Services, which also named Manheim St. Pete as the Top Service Auction.
Also named in Westlake’s third quarter Top Auctions List was Dealers Auto Auction Idaho, which was named Top Loyalty Sales Auction.
“We are pleased to name Kansas City Independent as our Top Overall Auction and Most Improved Auction for the third quarter,” said Bill Walters, vice president of marketing. “KCI had a standout quarter in sale and service measures. They finished near the top in almost all sale categories.”
KCI’s efforts in highlighting Westlake’s account, and their focus on service and marketing were contributing factors to their strong results, Westlake officials said.
As for Manheim St. Pete taking the Top Service Auction honors for 3Q, Dirk Grammel, regional auction rep, said, “St. Pete has always treated us like their most important client. Especially noteworthy has been Manheim St. Pete’s approval rate on our ‘Buy With Confidence’ program and usually strong on-line sales performance.”
For the third straight quarter, Dealers Auto Auction of Idaho topped the list for participation in Westlake’s Dealer Loyalty Program. “DAA of Idaho does a great job bringing out our dealer base. An outstanding two out of three total sales qualified for the program,” said Brad Hall, regional auction rep.
More Auto Finance

Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →