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Featured Article
A new way to buy more efficiently
OPENLANE now makes it easy for you to find cars that have detailed vehicle and condition information and are ready to roll today versus units where the seller hasn't prepared a wholesale listing yet. Sellers can now create two different types of listings: Basic Listings or Detailed Listings.
Basic Listings: Vehicles available for purchase but where the seller wants to confirm availability, condition and pricing before sale. Simply find a vehicle that matches your needs and you can request vehicle confirmation of the Seller. OPENLANE will then work with the Seller to make the sale!
Detailed Listings: Vehicles where the seller has confirmed all the information necessary for a wholesale transaction including price, availability and condition report. For detailed listings, OPENLANE has raised the bar on the amount of condition information that must be provided.
Please 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 1 percentage point in February
- Minivan, SUV, and Truck prices all gained versus the prior month
- Interest for Cars and Minivans rose in February while interest in 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
Have you tried our new mobile site yet? You'll get the same 24/7 access to OPENLANE's wide selection of wholesale inventory, and can search for vehicles or place bids directly from your smartphone. Plus, you can track vehicles on your Watchlist, and get full vehicle details - all from the convenience of your iPhone, iPod Touch, or Android smartphone! Just type in www.OPENLANE.com from your phone and you will automatically be redirected to our mobile site!
The One Click Rebid feature allows you to save time with your bidding experience. This feature provides a quick and easy way to complete subsequent bids on a vehicle. When enabled the payment method and any other additional services or options selected with your first bid, including the acceptance of terms and conditions, purchase dispute guidelines and any seller-specific terms are reused for subsequent bids. Simply go to My Accounts and click "Yes" to enable the One Click Bid option.
Dealer Spotlight
Dean Bobilya is the Buyer for Bobilya Chrysler Dodge in Coldwater, Michigan. Dean has bought several hundred vehicles on OPENLANE over the last few years.
"OPENLANE has the largest inventory of Chrysler, Jeep and Dodge vehicles. It's easy to find the vehicles we need quickly. OPENLANE is really easy to use and saves me time especially during the last few minutes of the auction when I need to quickly check my bids on several vehicles at one time. I'm very pleased with the quality of products and services OPENLANE has to offer. I recommend OPENLANE if you want to save time and money for your dealership!"
Dean Bobilya
Bobilya Chrysler Dodge
Coldwater, Michigan
Upcoming Events
OPENLANE is excited to exhibit at these upcoming shows. We look forward to seeing you there!
- CAR Conference - booth #1 at the Caesars Palace in Las Vegas
- AR Canada at the Hyatt Regency Toronto
- Buy Here Pay Here Convention at the Venetian in Las Vegas
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In this Issue:
- Basic vs. Detailed Listings
- OPENLANE Market Index
- Search Interest Report
- News and Updates
- Dealer Spotlight
- Current Incentives
- Customer Service FAQs
- Upcoming Events
Customer Service FAQs
Q: What are the different payment options on OPENLANE?
OPENLANE offers payment methods designed to meet your unique business needs. Some options allow you to get your vehicles sooner. The different payment methods available on OPENLANE include Fastlane ACH, floorplan, wire, check by fax and check by overnight mail. Please click
here for details 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 $450 for EVERY 3 Dealer -consigned units you buy
- 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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