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The online auction platform surpasses $15 million in used EV volume sold as the market faces an influx of off-lease vehicles.
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The marketplace exclusively lists thousands of front-line-ready vehicles from fleet providers affiliated with J.D. Power, as well as inventory from dealerships, leasing, and car rental companies.
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PMR provides vehicle values based on millions of wholesale transactions from the Auction Edge national network.
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The vehicle scans will check vehicle exteriors, undercarriage components and tires to quickly produce online user-friendly reports that include high-resolution photos.
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The new digital integration expands and simplifies access to used vehicles for buyers and sellers.
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FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
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All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.
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Manheim launched its largest all-digital heavy truck auction on Jan. 8 at its Indianapolis, Indiana location, the company announced.
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The platform has been in use throughout the company's Canadian operations since 2016, but it is now bringing it to the U.S. market.
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Digital sales have grown 12% through the first six months of 2019, according to KAR Auction Services' 2019 second quarter earnings call.
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