ADESA Expands New Online Wholesale Auction Product
04 Febbraio 2025 - 2:00PM
Business Wire
ADESA Clear to add Selection, Features, and
Geographic Reach in 2025
ADESA, a leader in wholesale auto, today announced plans for the
continued expansion and development of its new, proprietary online
auction product, ADESA Clear. ADESA, which is owned by leading
online auto retailer Carvana (NYSE: CVNA), developed and began
testing Clear in late 2023, leveraging both ADESA’s extensive
wholesale auto expertise and Carvana’s deep technology and digital
merchandising capabilities. In 2025, ADESA expects to expand Clear,
adding more selection, new features, and broader geographic reach.
Clear is one of many new digital tools Carvana and ADESA are
developing to enhance the online and in-lane wholesale customer
experience.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20250204581892/en/
ADESA Clear Mobile App Visuals (Photo:
Business Wire)
"After a strong 2024, ADESA remains focused on what has always
made us successful – helping our wholesale customers buy and sell
cars as efficiently and profitably as possible," said Mike
Caggiano, Executive Vice President of Operations at ADESA. "As the
market evolves, digital services like ADESA Clear, our new online
auction product, play an increasingly important role alongside our
traditional in-lane infrastructure. With Clear and other new
offerings, we are proud to combine ADESA and Carvana capabilities
to drive even better outcomes for our customers.”
Today, ADESA Clear offers:
- Timed online wholesale auctions optimized for efficiency and
transparency.
- The starting bid is the floor (the lowest price the seller will
accept). Every vehicle with a bid sells.
- Each vehicle condition report includes detailed OBDII scans and
engine audio.
- All vehicles are listed with Carvana-powered, in-depth visual
merchandising.
- Fees are clearly listed and never hidden.
- Convenient interfaces and value-added tools that support all
types of wholesale vehicle buyers.
- Intuitive web and app access allows single-click bidding and
24/7 access.
- AI-based vehicle recommendations are tailored to individual
buyer preferences.
- Robust valuations are powered by machine learning models
leveraging millions of historical transactions.
- Access to a wide and growing selection of high-quality
inventory offered across multiple online sales per week from ADESA
and Carvana locations in the Washington D.C., Atlanta, Birmingham,
Charlotte, Jacksonville, New Jersey, Orlando, Raleigh, Sarasota,
Tampa, Phoenix, and Los Angeles metro areas.
In 2025, ADESA will increase the selection of vehicles available
on Clear, expand the Clear offering to vehicles sold from more
locations across the Carvana-ADESA network, and launch new tools
and features to support customers across both its digital and
in-lane auction platforms. For more information about ADESA Clear
or to register for upcoming wholesale auctions, visit the ADESA
Clear website.
About ADESA
ADESA is a leader in wholesale auto, providing comprehensive
remarketing and logistics solutions that help OEMs, financial
institutions, fleets, and dealers source, sell and manage cars
efficiently and profitably. ADESA customers across the country
enjoy access to its extensive physical auction network, robust
digital offerings, and value-added services. ADESA is owned by
leading online automotive retailer Carvana (NYSE: CVNA).
Learn more about ADESA here.
About Carvana
Carvana’s mission is to change the way people buy and sell cars.
Since launching in 2013, Carvana has revolutionized automotive
retail and delighted millions of customers with an offering that is
fun, fast, and fair. With Carvana, customers can find a car, get
financing, trade-in, and complete a purchase entirely online with
the convenience of delivery or local pick-up as soon as the same
day. Carvana’s unique offering is powered by its passionate team,
differentiated national infrastructure, and purpose-built
technology.
For more information, please visit www.carvana.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250204581892/en/
MEDIA CONTACT: Carvana Communications
press@carvana.com
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