RM - Former Kruse Auction Park

AUCTIONS AMERICA BY RM PREPARES FOR INAUGURAL LABOR DAY SALE
 
·        Diverse roster of 475 collector cars already consigned
·        $1.5 million of renovations at Auburn Auction Park well underway
·        Auburn Fall Collector Car Auction schedule announced
·        Newly-formed entity’s logo revealed
 
Auburn, Ind. (July 28, 2010) − The Auctions America by RM team has been enjoying an extremely busy month since the entity’s formation was first announced on July 1 with the purchase of the 235-acre Auburn Auction Park and its intent to hold a sale of up to 1,500 collector cars at the facility over the Labor Day weekend. 
 
Backed by the world's leading classic car auction house, the excitement and good will for Auctions America by RM and its inaugural Auburn Fall Collector Car Auction weekend has been overwhelming.  Quality consignments are being booked on a daily basis with Auctions America well on the way to filling its Labor Day weekend’s roster of automobiles, with an emphasis on American classics, Detroit muscle, customs and hot rods. The diverse lineup of 475 motor cars already consigned spans from a classic 1932 Ford Five-Window Coupe to a like-new 2008 Ferrari F430.
 
“Based on the impressive volume of enthusiastic inquiries we regularly receive, we anticipate Auctions America’s upcoming Labor Day sale will be a huge success with clients secure in the knowledge that the auction will be conducted in a highly professional manner,�?? said Ed Cepuran, Chief Financial Officer, Auctions America by RM.
 
“Given the history of our new location, we appreciate the fact that we need to boost the confidence of both buyers and sellers in the auction process at Auctions America’s inaugural event. To that end, we have proactively set up client accounts with Comerica bank to provide prompt payment within five business days of the purchasers’ payment clearing our bank account,�?? Cepuran added.
 
The Labor Day weekend’s event participants will benefit from a budgeted $1.5 million of much-needed renovations and upgrades to the Auburn facility and grounds, which are on track for completion by September 1 and include new asphalt for the extensive parking lots and, repairs and painting of the numerous buildings.
 
“The Auctions America team is looking forward to welcoming enthusiasts from far and wide to Auburn this September,�?? said Donnie Gould, President, Auctions America by RM. “We’re proud to be elevating the Auburn Auction Park to a world-class stage for the collector car hobby.�??
 
Event Details: Auburn Fall Collector Car Auction
Sale dates:                 Thursday, September 2, 2010            11:00 am – 6:00 pm ET
                                    Friday, September 3, 2010                 11:00 am – 8:00 pm ET
                                    Saturday, September 4, 2010             11:00 am – 8:00 pm ET
                                    Sunday, September 5, 2010               11:00 am – 6:00 pm ET
 
Preview dates:          Wednesday September 1 to Sunday, September 5, 2010   
                                    Gates open at 8:00 am and close at 10:00 pm ET daily       
 
Admission:                 $10 day pass per person
                                    $25 weekend pass per person
                                    $100 bidder registration and admits two for the weekend
                                    Free admission on September 1st
                                    Children 12 and under are free
 
Location:                    Auctions America by RM, Auburn Auction Park
                                    5540 County Road 11-A, Auburn, IN 46706
 
Among the myriad activities and preparations involved in setting up a new business unit, taking control of 235 acres of real estate and organizing a multi-million dollar collector car auction, Auctions America by RM has finalized its official logo (included at the top of the page).
 
For more information or to consign an automobile to Auctions America by RM’s inaugural Auburn Fall Collector Car Auction, please call 1-877-906-2437. To view a regularly updated consignment list, visit: http://www.rmauctions.com/CarList.cfm?SaleCode=AF10
 
Pictured above: Workers painting one of the many buildings at the Auburn Auction Park in July 2010.
 
About RM
With over three decades of experience in the collector car industry, RM's vertically integrated range of services, from restoration to private treaty sales, auctions, estate planning and financial services, coupled with an expert team of car specialists and international footprint, provide an unsurpassed level of service to the global collector car market. RM’s restoration division has achieved unprecedented accolades earning “Best of Show�?? honors at the world’s top concours events.
 
Media information:     
If you are interested in receiving media credentials, additional information, hi-res images, and/or interview opportunities for this event, please contact:
 
Kerrey Kerr-Enskat       
kerrey@rmauctions.com            
Office: +1 519 437 3053
Mobile: +1 818 577 7214