Progressive Auto - bidding, export and insurance on cars, trucks and motorcycles
Thank you for your interest in Progressive Auto inc.
Progressive Auto is stock corporation, that has been in business for many years. Our company specialize in transportation and logistic for all kind of municipal,sanitation and industrial machinery, we also provide technical service and parts support.
Progressive Auto can help you with all your needs including locating, buying and shipping cargo worldwide.
With us we ensure you will have the confidence that you have obtained the best possible price that the market has to offer and your products is reliable and most of all beneficial.
Please visit us at our location or call us toll free at 1(877)-5 BIDDER. Let us know how we can help you today by e-mailing: email@example.com with any questions or comments you may have. We are open Monday to Saturday 9 am - 5 pm Eastern time.
Progressive Auto description
Thank you for your interest in Progressive Auto. Progressive Auto is the Registered Dealer. Through us you can register to bid on vehicles (cars, trucks, trailers, boats, etc.). Please, visit our registration page. Once registered with Progressive Auto you will be able to access the full service in purchasing, transporting and shipping your vehicle to the desired destination. You will also be able to access hundreds of auctions across North America that sell millions salvage and clean title vehicles to organizations and individuals from all over the world.
Progressive Auto's mission is to be a trusted partner, when it comes to used vehicles purchases and shipment. You will also be able to get free quotes for the most kinds of shipments, services and products you are interested in.
Progressive Auto provides the facilities for buyers and resellers to bid live at auto auctions. To participate in the auction, you have to fill out the Registration form on our website. The whole process of registration will take not more than 10 minutes. Through the Registered Dealer Program, you can without unnecessary expenses become a dealer. Anyone can register with Progressive Auto and then purchase vehicles (used cars and trucks, trailers, parts, etc.) through us. If necessary, Progressive Auto will assist the buyer in completing the transaction, and making shipping arrangements. Progressive Auto bypasses trucking brokers and goes directly to the trucking firms saving additional fees. We will do our best to make your transaction easy, and as smooth as possible.
Thank you for your interest in Progressive Auto. We are doing our best to satisfy even your smallest needs and looking forward to doing business with you.
Should a buyer wish to increase their bidding limit, an additional security deposit must be supplied in the amount of 10% of your desired bidding limit.
EACH vehicle requires a deposit. That deposit regulates your bidding amount. A $400 deposit gives you a $4000 bidding limit. Limits above $4000 require 10% additional deposit. A deposit of $400 can purchase 1 vehicle. A deposit of $800 can purchase 1 vehicle up to $8000 or 2 vehicles at $3000 and $5000 each for a total value of $8000, etc. If you’re interested in more than one vehicle, you MUST request an increase to the number of vehicles you wish to purchase and place a deposit accordingly
With this many cars and trucks on the roads today, the salvage/repairable vehicle market has been booming, wrecked cars and trucks, insurance salvaged autos, and abandoned or repossessed vehicles are becoming big business. The parts and supplies off of a salvaged vehicle are in high demand and yet, can be difficult to find. Automotix offers an auto salvage/repairable marketplace for you to sell, buy and locate damaged cars or trucks for your needs. Whether you have a salvage car to part out or sell as a whole repairable vehicle, or own a car/truck salvage business, the market place for salvaged/rebuildable vehicles here at Automotix is a great clearinghouse for salvaged vehicles, salvage parts and supplies, or to locate that hard-to-find repairable vehicle or engine repair part.
Used Auto Parts
In today's budget conscious world, we have to save money where we can, and you can save hundreds and possibly even thousands of dollars by purchasing used parts to repair your car or truck. Here at Automotix, we offer you a chance to save money along with the safety of purchasing used parts that have been certified. This means that these parts are guaranteed. Whether you're looking for used engines, used transmissions, used body parts, used bumpers, used headlights or electrical components, you can save by purchasing certified used parts to repair your truck or car. The best part about purchasing used parts and supplies is that they're always OEM replacement parts, so you've purchased OEM repair parts at a fraction of the cost of new OE dealer parts by using Automotix' used parts services.
The Company maintains a database of thousands of registered buyers of salvage vehicles in the vehicle dismantling, rebuilding, repair, resale and exporting businesses. Its database includes each buyer's vehicle preference and purchasing history. This data enables it to notify via e-mail prospective buyers worldwide of salvage vehicles available for bidding that match their vehicle preferences. Listings of salvage vehicles to be sold on a particular day and location are also made available on the Internet. The Company offers a flexible sales process designed to maximize the sale prices of the vehicles. It utilizes VB2, an auction-style sales methodology that it developed. VB2 opens its sales process to registered buyers worldwide who have Internet access.
If approved by shareholders, Johnson and Adair would each be granted stock options to purchase 2 million shares of the company's common stock at an exercise price equal to the closing price on the date of the special meeting, or any adjournment thereof, in lieu of cash and equity compensation other than a salary of $1 per year for a five-year period. Each option would become exercisable over five years, with 20 percent vesting one year from the date of grant, and the balance vesting monthly over the subsequent four years.
If shareholders approve the plan, Johnson and Adair will both give up their annual salary, currently $750,000 per year, as well as any cash bonuses for the next five years. They would not receive any additional stock options or other equity incentives during the five-year vesting term of the stock options.