Skipco Auto Auction of Ohio purchases and auctions vehicles. As stated in its motto, "We're not just cars and trucks," Skipco also deals in boats, buses, campers, semis and recreational vehicles.Continue Reading
Skipco lists its services offered as vehicle preparation and auction; title and licensing services; legal advertising; eBay auctions; special advertising; appraisal service; and OVE (online vehicle exchange) facilitating auction. As Skipco Financial Adjusters, Inc., the company provides the physical aspect of the repossession of a vehicle, usually by stealthily towing the car. A lender of an auto loan will hire the company to seize property from car owners who have defaulted on their auto loans.
Skipco Auto Auction prepares vehicles for public inspection, which is available Thursdays and Friday. On Saturdays, vehicles go on auction at Skipco's indoor facility in Canal Fulton, Ohio. The company claims to have about 150 cars up for public auction every week with sales of about 10,000 cars a year. Skipco advertises that it saves buyers money by selling the car at a cost agreeable to the purchaser, not an auto dealer. The company helps buyers obtain financing through local banks or financial institutions. While many vehicles are up for auction as a result of bank repossession, Skipco also auctions vehicles that have been seized or forfeited through the United States court system.Learn more about Business Resources