SEPTEMBER 2011 Issue
  Featured Article
Go Mobile with OPENLANE

OPENLANE's mobile site is all new and completely redesigned to make purchasing and selling vehicles easier and faster than ever.

We've added new features for Sellers to manage vehicles currently at auction including:

  • Quickly view activity on each vehicle including bids, offers, number of watchers, views, and unique dealer views
  • Adjust open, reserve and buy now prices
  • Review and manage if-bids and best offers
  • Cancel listings

Plus, you'll get 24/7 access to OPENLANE's wide selection of wholesale inventory and you can search for vehicles or place bids directly from your smartphone. You can also track your auction status, track vehicles on your Watchlist, and get full vehicle details – all from the convenience of your mobile device.

Take OPENLANE with you from virtually anywhere. Just type www.OPENLANE.com on your mobile browser and you'll automatically be redirected to our mobile-optimized site. Try it today!

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 in August increased by 2 percentage points from the prior month, and ended 4 percentage points above August 2010.
  • Car and Minivan prices increased in August versus the prior month, while Truck prices decreased. SUV prices remained even with July.
  • The interest level for Minivans, SUVs and Trucks rose during August while interest in Cars decreased.

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


KAR Auction Services announced that its subsidiary, ADESA, has signed a definitive agreement to acquire the equity of OPENLANE. Peter Kelly will continue as OPENLANE's CEO and will report directly to KAR's CEO, Jim Hallett. CLICK HERE to read more.

Dealer Spotlight


Bob Strittmatter is the Stocking Analyst/Buyer of Driver's World and Checkered Flag Stores in Virginia Beach, Virginia. Bob starting using OPENLANE in 2010 and buys all types of inventory including off-lease, rental, fleet and repo.

“I am very impressed with the OPENLANE staff – Debb, Kwan and Scott have been a huge help. I have been placing more “make offer” type bids lately with a higher success rate thanks to their great efforts. In the past, I was not in the habit to place such bids but with Kwan and Scott doing what they do in a professional and speedy manner only encourages me to bid with confidence that they will get it done. They are prompt to get back with updates about the transaction – good and bad news. They are very valuable to me for the support they provide daily in order to reach the goals in place. Thanks guys! I'm looking forward to doing more business together!”

Bob Strittmatter
Driver's World and Checkered Flag Stores
Virginia Beach, VA

Upcoming Events


OPENLANE is excited to exhibit at these upcoming shows. We look forward to seeing you there!

  • Digital Dealer Conference & Exposition on October 5-7 at The Mirage, Las Vegas. Join Ed Berkowitz, OPENLANE Vice President, on October 6th at 11:00am–11:50am and learn how to maximize the internet for increased profits and minimizing risks. Visit us at Booth #1213.
  • California Credit Union Collectors Council Annual Conference on October 13–15 at the Riviera Resort & Spa Hotel in Palm Springs, California.
  • Florida IADA Convention on October 13-15 at the Gaylord Palms Resort in Orlando, Florida. Visit us at Booth #17.
  • Re3 on November 16th at the Red Rock Casino in Las Vegas, Nevada. Join Zach Hallowell, OPENLANE Business Line Director, on November 16th at 10:00am-10:45am and learn how to sell repos directly from agent lots.
    In this Issue:
  • September Mobile Site Enhancements
  • OPENLANE Market Index
  • Search Interest Report
  • News and Updates
  • Dealer Spotlight
  • Current Incentives
  • Customer Service FAQs
  • Upcoming Events

Customer Service FAQs

Q: What should I do when my dealer's license expires?

A: As soon as you receive your dealer's license from the State, send it in to OPENLANE. You can fax it to 480-393-2960, email it to registration@openlane.com or call customer service at 866-969-0321.





Incentives


Take advantage of these limited-time promotions today. Please CLICK HERE for details.
  • Get $450 for EVERY 3 Dealer-consigned units you BUY
  • Get $300 for EVERY 3 Dealer-consigned units you SELL
  • Bundle CarsArrive transport with your OPENLANE purchase and receive 25% Off Transport
  • Monster Monday Sales Events
  • Order a Third Party Inspection for just $30 per vehicle


Contact Us
OPENLANE
Phone: 866-969-0321
Fax: 480-393-2960
Email: dealer_info@openlane.com

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Programs subject to change without notice. All rights reserved. © 2011 OPENLANE, Inc. OPENLANE and the OPENLANE logo are trademarks or registered trademarks of OPENLANE, Inc. in the United States and other countries, and may not be reproduced or used without written permission. The names of other companies, products and services may be the property of their respective owners. Contact 866-969-0321 for questions.