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While the general process is the same for all auctions, each auction is a standalone business and you need to educate yourself on the auction’s policies and processes.
Read More →The two companies have expanded their partnership to begin offering Avis Budget Group vehicles on OPENLANE's Canadian auction site.
Read More →In its February Market Index report, Openlane reports that car prices decreased in January but remained above January 2010 levels. Minivan prices and interest spike.
Read More →Consumers and dealers may be "pushing back" at the high price of used vehicles.
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Wholesale used-vehicle prices in June averaged $10,278 – down 2.6 percent from May and up 1.4 percent versus prior year. The mid-size cars and minivans segments saw significant price declines last month.
Read More →The enhancements to OPENLANE.com and the introduction of OPENLANE.ca include a complete redesign of each site's vehicle detail, search and bid/buy confirm pages.
Read More →ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.
Read More →The car rental company will sell its vehicles using Salvage Direct's auction platform, SalvageDirect.com.
Read More →Since auctions are unable to monitor the recall status of every vehicle for sale, the responsibility falls to auction buyers and remarketers.
Read More →Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.
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