KAR Auction Services : ADESA Rolls Out New Condition Reports
February 01, 2022 at 10:42 am EST
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Empowers Dealers to Make Smarter and Faster Buying Decisions
ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces more comprehensive condition reports rolling out across the U.S. and Canada, allowing dealers to make more informed and faster buying decisions.
"Our new condition report displays key information in an easy to digest format, reducing the time it takes to make a decision on the vehicle while empowering dealers to buy with confidence," said John Hammer, chief commercial officer of KAR Global and president of ADESA. "Buyers consistently ask for fast access to the information that matters most to them, including things like damages, tire condition and announcement information. So, we are thrilled to evolve our condition reports to a more digestible format that better meets their needs."
Highlights of the enhanced condition report include an improved photo gallery with a separate damages section, easier to find tire condition and vehicle options. The most commonly referenced information is featured at the top of the page, including vehicle summary, bid details and images. The phased roll out is anticipated to complete later this year.
Evolving the most innovative and technologically advanced sourcing and wholesale platform remains a key focal point for ADESA and KAR's digital marketplace businesses. In addition to the new condition reports, ADESA has recently rolled out several new tools for customers. These include an updated Purchases Page providing a more streamlined checkout process and ADESA Assurance, reducing risk and providing peace of mind when buying.
ADESA is a leading provider of digital marketplaces for wholesale used vehicles supported by more than 70 vehicle logistics center locations across North America. ADESA's progressive technology, data-driven tools and industry leading customer support are helping make wholesale easy so its OEM, financial institution, rental, fleet, and franchise and independent dealer customers can be more successful. Learn more about ADESA here.
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KAR Auction Services Inc. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 15:41:10 UTC.
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. It offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. The Company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. The Companyâs segments include Marketplace and Finance. The Marketplace segment serves a domestic and international customer base through digital marketplaces for wholesale vehicles that allow the buyers to inspect and compare vehicles. Its marketplace offerings allow it to offer vehicles for sale from any location. Digital marketplace sales are initiated online and include OPENLANE US, OPENLANE Canada and OPENLANE Europe sales. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada.