Unlocking Your Potential as a Buyer
As an independent car dealer, sourcing quality inventory efficiently is important to your success. In a competitive market, having the right tools makes all the difference. At OPENLANEⓇ we’re your ultimate partner in expanding your buying power and securing the vehicles both you and your customers want.
Let’s dive into how we help independent car dealers buy confidently.
Benefits of the OPENLANE Marketplace
Inventory tailored to you: we offer a wide selection of vehicles from various OEMs, dealers, and rental and fleet vehicles. This large inventory helps you find the specific makes, models and mileage of the vehicles your dealership needs and increases your buying power.
Nationwide Network: You won’t be confined to the limits of a physical auction as our marketplace connects you to a nationwide network of sellers, opening up your inventory view to vehicles all across the country. This wide reach allows you to dive into different markets and more quickly seize new opportunities.
24/7 Availability: You can browse, bid and buy vehicles on your own time, fitting perfectly into your busy day. This flexibility is a game changer for independent auto dealers looking to optimize their time and buying efforts.
Strategies for buying wholesale on OPENLANE
There are various sales types to suit your preferences and expand your options. Our weekly live digital auctions on Simulcast allow you to join from anywhere, and you can download the Run List ahead of time — ultimately, helping you better prepare for the sale. Our always-on 45-minute auctions include a “Proxy Bid” feature that lets you place your starting bids ahead of time while also offering the option to set a price cap of your choosing, freeing up your time to browse other vehicles.
The OPENLANE Market Guide is an important tool that provides daily vehicle prices and offers insight for smart buying and selling decisions. It uses data points from all sales types to help determine market value and make data-driven decisions. To learn more about our Market Guide, check out our blog on 6 ways OPENLANE’s Market Guide Helps you Find Market Prices. OPENLANE partners with AFC (Automotive Finance Canada Inc.) to provide flexible floorplan solutions. This allows you to increase your purchasing power and buy the inventory you need to keep your lot stocked. Want to learn more about floorplaning through AFC? Take a look at How Can I Fund Inventory with Floorplan Financing.
Protecting your Vehicle Purchase
We understand that buying wholesale online requires trust, so that’s why we offer a post-sale inspection to provide you with greater peace of mind and help protect your investment. Conducted by experienced inspectors, they provide an added layer of assurance that allows you to make informed decisions and limit potential surprises when your vehicle is delivered.
By using OPENLANE’s diverse sales types, insightful market data and buyer protections, independent auto dealers can confidently source vehicles to fill their specific needs. Start maximizing your potential today!
Ready to make wholesale easy?
For any questions, give us a call and one of our team members will be happy to help.
888-260-4604
Monday – Friday: 7:00 a.m. – 8:00 p.m. ET
Saturday: 9:00 a.m. – 6:00 p.m. ET