OPENLANE 4.152.1

OPENLANE emerges as a unified Canadian wholesale marketplace that integrates the strengths of ADESA and TradeRev. The platform adopts a mobile-first approach, allowing users to list and bid on vehicles with unprecedented flexibility.

Users will find the sourcing and purchasing processes streamlined, utilizing familiar auction formats. The platform offers:

• Active auctions lasting 45 minutes
• Weekly simulcast sales featuring live auctioneers
• The ability to bid on and buy from DealerBlock inventory

The OPENLANE mobile application is particularly noteworthy for its robust features:

• A quick vehicle inspection tool and the ability to launch auctions at any time
• Intuitive appraisals that are simple, fast, and compliant with industry standards
• Access to fresh franchise trades from a vast network of dealers across Canada
• Enhanced sourcing capabilities with advanced filters, saved searches, and a universal watchlist
• Negotiation tools enabling faster deal closures with other dealers
• In-app arrangements for payments and transportation
• Configurable notifications via email and mobile to keep users informed
• Management of previous purchases through an accessible mobile interface
• A dedicated support team focused on user success in the wholesale environment
• Features designed to simplify the wholesale process and enhance overall success