United Road Towing announces Live On-line Bidding at its Chicago Vehicle Impound Auctions!

CHICAGO--(EON: Enhanced Online News)--United Road Towing announces Live On-line Bidding at its Chicago Vehicle Impound Auctions!

“This technology has existed for years in the market place primarily used by large used car auction houses and insurance salvage auctions worldwide and we are excited to launch this into the impound auction market.”

11/6/09

United Road Towing (URT) announced today it has launched hybrid bidding technology at its weekly auto auctions in the Chicago market that allows buyers to bid electronically via the internet! “The goal is to link registered qualified bidders in real time along with live local bidders and allow people not able to travel or attend the auction sales in person to bid on line from the comfort of their office or home,” said Tom Tedford Sr. VP of Business Development for URT. “This technology has existed for years in the market place primarily used by large used car auction houses and insurance salvage auctions worldwide and we are excited to launch this into the impound auction market.” URT plans to launch this technology into several of their existing markets including Phoenix, Los Angeles and Las Vegas in the coming months. "Buyers using this technology will no longer have to deal with weather, travel, or other inconveniences in attending our sales throughout the country,” Tedford continued.

URT is the nation’s largest and premier provider of municipal services regarding towing, storage, and on site auto pound management for seized vehicles and law enforcement impounds. Currently URT services over thirteen major markets including Chicago, Boston, Los Angeles, San Diego, Phoenix, Dallas, and Las Vegas in addition to others. Specializing in offering the full service solution through its technology resources, procedures and experienced management team URT tows over 40,000 vehicles a month and processes over 5,000 vehicles through its auction sales held weekly throughout the country. The company currently has over 45 facilities throughout the nation.

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