Professional Services 3 GEO Welcome to your Automotive 4 GEO Quiz. Please click on "Next" to continue. Auto auctions play a major role in the wholesale market of second-hand vehicles in the United States.TrueFalseWith every vehicle on the auction block, the winning bid gets possession of the car.TrueFalseWhat are the three types of transport companies?Lead Aggregators, Brokers, CarriersLead Brokers, Tow companies, BrokersBrokers, Carriers, DriversAuto auctions are a primary outlet for which of the following? (Select all that apply) Off-lease returns Aging rental car fleets Unwanted dealership inventory FBI and DEA Seizures Bank repossessionsIt is okay for a vehicle owner to fill a vehicle about to be transported with household items as long as the vehicle and all the items are owned by the person signing the transport contract.TrueFalseCarriers represent 95% of the transport companies found on the internet.TrueFalseWhen trying to sell GeoFencing to an automotive transport company, what should you focus on?How they will be guaranteed to get more business.How they will be targeting new customers based on demographicWhat is a reason why many people don't utilize the services of an auto auction?They are too expensiveThe cars are always heavily damagedSome states only allow dealers to participateOnly Japan has auto auctionsWhat is the average cost to tow a vehicle?$50$60$70$80What are some facts about the average tow company? (Select all that apply) They are operating 24-7 They provide emergency towing They are owned by corporations They will provide roadside assistance Stage Name/Real Name Unit Time is Up! Posted on July 2, 2019April 24, 2020 By admin
