By combining CARWAVE and BacklotCars platforms, KAR International expands entry to stock for patrons, elevated visibility on sellers’ automobiles, and supplied a extra simplified buyer expertise.
Photograph: KAR International
CARWAVE and BacklotCars lately joined operations so they may present a reside public sale with a 24/7 market, the businesses introduced Jan. 23.
The one digital platform, now hosted on BacklotCars, provides sellers extra flexibility in the best way they wish to transact. Consumers have expanded entry to extra numerous automobile stock, whereas sellers can faucet into the ability of a broader purchaser base.
“By combining each platforms onto BacklotCars we expanded entry to stock for patrons, elevated visibility on sellers’ automobiles, and supplied a extra simplified buyer expertise,” mentioned Peter Kelly, CEO of KAR International, in a information launch. “We labored intently with sellers to grasp what they worth most and included their suggestions so we proceed to fulfill the wants of sellers in each market.”
The improved platform can be rolled out throughout the U.S. in 2023. To this point, the brand new public sale sale sort is being provided to sellers in California and patrons in close by areas. It would increase to clients in different areas within the coming months. BacklotCars runs reside auctions on Mondays and Thursdays.
“Our groups labored tirelessly to make sure the transition was frictionless — offering our sellers with sources to make sure complete assist from day one,” mentioned Justin Davis, president of BacklotCars. “Along with the selection of sale sorts for our sellers, our KAR International community additionally gives entry to a dynamic transportation community and floorplanning options with charges.”
KAR International is rising its digital dealer-to-dealer section because it strives to construct a worldwide digital market for used automobiles.
Initially posted on Car Remarketing
