Our History: How It All Began
Henry Stanley began his career in the auction industry in 1960 when he went to work as a ringman for the Capital Auto Auction in Columbus, Ohio. He advanced to auctioneer before purchasing the auction in 1969. After renaming it the Ohio Auto Auction, Stanley and his wife, Patty, sold the auction to GE Credit and in 1987 retired to Florida. Stanley couldn't cure himself of auction fever, however, and after a year of sun and golf, he and Patty bought the Fort Knox Auto Auction in 1990, renaming it the Carolina Auto Auction. In 2007 the Stanley auction family expanded with the purchase of the Indiana Auto Auction in Fort Wayne, IN. Over the five decades he has spent in the business, Stanley has spent a significant amount of time on the auction block, selling more than one million vehicles.
Stanley has also given much back to the industry, serving as president of the NAAA from 1999 to 2000. As the Association's leader, he worked to advance Internet communications and to standardize forms and policies. He has also been an avid supporter of the NAAA's Warren Young Sr. Foundation, not only working hard with Patty in establishing the scholarship fund, but also founding two of its annual scholarships. The Stanleys' commitment to the industry has more recently continued with key sponsorship and support of the newly formed Auction Academy, which is designed to train the next generation of auction leaders. Patty served on the ServNet Board as President in 2014-2015.
Over the years, Stanley's auctions have been frequently cited for superior performance by the national remarketing community. Since 2005, Carolina Auto Auction has been named top auction in the nation five times for BB&T and seven times for FISERV/RSA. Wheels Inc has recognized Carolina Auto Auction as a Regional award winner on three different occasions, and the auction has received regional awards from Donlen, UACC, CAC, and others. In both 2012 and 2015 Carolina Auto Auction was named Auction of the Year by Donlen, as well as the top auction in the region by ARI. Patty Stanley was recognized in 2013 with her designation as one of the top “Women in Remarketing.” Most recently, Henry was inducted into the NAAA Hall of Fame, Class of 2013, and Patty inducted into the NAAA Hall of Fame, Class of 2016, making them the first husband and wife team to ever be inducted!