Lake Charles Auto Auction finished 2018 on quite a high note.
On Dec. 12, the operation located in Lake Charles, La., celebrated the grand reopening of its new main office building that consists of 4,000 square feet. The auction offered more than 700 vehicles and sold more than 400 units with an average value of $9,100.
Lake Charles Auto Auction owner Matt Pedersen said, “We are very excited to celebrate the opening of our new facility. The sale had a record number of cars consigned, and we couldn’t be prouder of the team work that everyone put in to make this a very successful event for us.”
The auction gave away more than $10,000 in cash and prizes throughout the celebration.
Established in 1991, Lake Charles Auto Auction was started by Mike Pedersen as a two-lane night sale, catering to independent dealers in the area. Today, the operation is run by the second generation, Mike’s son Matt, who purchased the auction from his father in 2012.
LCAA expanded the facility in 2015 to a four-lane auction and has now completed a $2 million renovation to the main office building, including additional dealer parking. Pedersen added, “We are happy to offer our dealer and consignor partners a comfortable place to do business.”
LCAA is a member of the AMS Auction Network.
Tom Stewart, president of AMS, added “We are proud to have Lake Charles Auto Auction be a part of our network. It is great to see an auction owner re-investing into their business that benefits both employees as well as dealers and consignors.”
LCAA consists of four lanes, offering more than 400 units and more than 200 buyers attending in-lane and online weekly. The auction has a full suite of services that include transportation, mechanical and reconditioning.
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