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Featured Article
New features to help you buy and sell easier
OPENLANE has new features to make purchasing and selling wholesale vehicles easier and faster than ever. Here are some exciting new enhancements to the website:
Search Enhancements:
- View the number of makes and models by each Seller simply by mousing over the Seller's name on the homepage
- Create a Saved Search directly from the Search Results page
- Vehicles available in our Order In Fleet tool are now available on the bottom of the Search Results page
- Search for vehicles with special incentives or part of a sales event
- Search Results now display "CONFIRMED" when a vehicle's Black Book value has been confirmed by the Seller or if all the trim/options for the vehicle are known
Buyer Updates:
- Check whether a third party condition report has been ordered for vehicle
- Have your purchase delivered to your location within 2 days
Seller Updates:
- For Sellers who have requested a third party inspection, you no longer have to wait to receive the inspection before putting your car up for sale by releasing it as a Basic Listing.
- For Sellers who have Basic Listings, you now have the ability to search for your listed vehicles via the Seller Interface.
Please click here for details or contact Dealer Services at 866-969-0321 if you have any questions.
Analytics Update
OPENLANE Market Index
The OPENLANE Market Index represents pricing and dealer vehicle interest trends across all vehicle segments in our online marketplace. Highlights for the U.S. include:
- Overall US auction prices declined by 3 percentage point in March from the prior month
- Car, Minivan and Truck prices all declined versus the prior month
- Interest level for Cars continued to rise in March while interest in Minivans, SUVs and Trucks decreased relative to the prior month
Click here to view the OPENLANE Market Index.
Search Interest Report
The OPENLANE Search Interest Report ranks the most common vehicle searches on the Open Auction. This report includes the top 25 ranking for make and model as well as the top 5 ranking for vehicles by body style.
Click here to view the report.
News & Updates
OPENLANE has enhanced the search capabilities on our new mobile site including Search by Seller and new refinement options for your Search Results. Just type in www.OPENLANE.com from your phone and you will automatically be redirected to our mobile site!
OPENLANE's Partner Assisted Listing Service (PALS) enables you to automatically send your aged or trade-in inventory to OPENLANE. Simply contact your sales representative and let them know which inventory management system you use. Click here for details or call us at 480-556-5218 or e-mail at pals@openlane.com.
Dealer Spotlight
Joshua Martel is the General Manager for Metro Jeep in Springfield, Massachusetts. Joshua started purchasing on OPENLANE in May 2010. He takes advantage of the diverse inventory available 24/7 including off-lease, dealer-consigned, repo, fleet and rental vehicles.
"OPENLANE is extremely convenient and easy to use. The ability to purchase cars at your leisure from your dealership is priceless. And I can even list my inventory online which makes my cars available to a nationwide network of dealers. With the upgrades to their mobile website, I can check on my bids and buy cars anytime and anywhere. If I ever have any issues, I call my dedicated sales rep or my transport rep. All in all, OPENLANE has made buying and selling wholesale inventory faster and easier for me."
Joshua Martel
Bertera Metro Jeep
Springfield, Massachusetts
Upcoming Events
OPENLANE is excited to exhibit at these upcoming shows. We look forward to seeing you there!
- Buy Here Pay Here Convention at the Venetian in Las Vegas – booth #723/725
- Click here to get a special discount on your registration.
- Time Finance Adjusters Convention at the Venetian in Las Vegas – booth #2/3
- Consumer Bankers Association At the Hyatt Regency Grand Cypress in Orlando
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In this Issue:
- Website Enhancements
- OPENLANE Market Index
- Search Interest Report
- News and Updates
- Dealer Spotlight
- Current Incentives
- Customer Service FAQs
- Upcoming Events
Customer Service FAQs
Q: What is the fastest payment method available on OPENLANE?
Paying by Fastlane ACH eliminates the need for your dealership to write and overnight a check to OPENLANE. This provides a seamless transaction which enables the vehicles to be released immediately from the auction. The setup and administration is simple and all transactions are highly secure and confidential. You can also get paid faster through ACH when you sell a vehicle on OPENLANE. Please click
here to get set up or contact one of our dealer representatives at 866-969-0321 if you have any questions.
Incentives
Take advantage of these limited-time promotions today. Click here for details.
- Get $200 for EVERY 2 Dealer-consigned units you buy
- Up to $150 Rebate on Avis Budget and Enterprise Rental Units
- $50 Gift Card for EVERY Monster Monday purchase
- 25% off your transport costs on select OPENLANE inventory
- 50% Transport Assistance for all Audi Financial Services vehicles
Contact Us
OPENLANE
Phone: 866-969-0321
Fax: 480-393-2960
Email Us
For questions or comments about this newsletter, send an email to news@openlane.com.
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