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The American Recovery Association and OPENLANE have partnered to allow ARA members to sell lenders' (lien holder, financial institution) vehicles through OPENLANE's leading online auction - www.openlane.com. OPENLANE is North America's largest and most diversified online wholesale auction company for lenders and auto dealers to purchase and sell used vehicles. National banks such as Chase and Santander rely on OPENLANE for online wholesale remarketing for their repossessions.
Instead of sending cars to physical auctions for sale, recoveries can be auctioned online directly from the ARA member's lot, reducing remarketing time and expense and helping to restore the recovery agent as a provider of full value-added recovery and remarketing services.
Please click on the links below for more information:
- Recovery Remarketing Program Overview
- Benefits for ARA Members for Remarketing with OPENLANE
- Benefits for Lenders for Remarketing with OPENLANE and ARA
- Third Party Inspection Overview
- Endorsement Letter from Jim Hall, ARA President
Please call us at 480-556-5218 or email at email@example.com for more information or to request a copy of the OPENLANE remarketing agreement and get started selling online today!
To learn more about the American Recovery Association, please visit the ARA home page.