(Portland, Oregon) TitleAuctions, Inc. announced today that it has selected Black Book© as its preferred source for valuation of credit union repossessed collateral. The company will recommend Black Book© to its credit union clients for collateral valuation, and will begin using Black Book© internally to track credit union auction results. Further, TitleAuctions will integrate the use of Black Book© into its credit union training on setting realistic, market-based floor prices for repo remarketing.

“We’ve tested several valuation sources internally, and have polled a number of our credit union clients about their own experiences. We’ve concluded that Black Book’s values are very well-suited to helping credit unions set market-based price expectations for the sale of their repossessions,” said Mark Coleman, President of TitleAuctions.

Bob Burnett, President of National Auto Research, publisher of the Black Book© family of vehicle guides said, “We’re pleased that TitleAuctions has chosen Black Book© as its source for repossession valuations. We value our credit union customers, and TitleAuctions’ service to them.”

About TitleAuctions Inc.
Founded in 2002, TitleAuctions is a privately held company based in Portland, Ore., delivering business-to-consumer and consumer-to-consumer auction platforms, plus remarketing training and support. For more information visit www.titleauctions.com. To browse and bid on credit union vehicles for sale, go to www.cuauctions.com. Contact TitleAuctions via e-mail at info@titleauctions.com, or by phone at (877) 223-5806.

About National Auto Research
National Auto Research (NAR), the publisher of the popular Black Book© family of vehicle appraisal guides, is a Division of Hearst Business Media, an operating group of the Hearst Corporation. The Hearst Corporation (www.hearst.com) is one of the nation’s largest diversified communications companies. Its major interests include magazine, newspaper and business publishing, cable networks, television and radio broadcasting, Internet businesses, television production and distribution, newspaper features distribution and real estate.

Learn More. E-mail info@titleauctions.com or call 503-344-5001.