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TradeRev, CarsArrive Network Partner to Offer Dealers Free Vehicle Transportation in 2018

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TradeRev, CarsArrive Network Partner to Offer Dealers Free Vehicle Transportation in 2018

PR Newswire

CARMEL, Ind., July 26, 2018 /PRNewswire/ -- TradeRev, a digital platform that facilitates live, dealer-to-dealer vehicle auctions, has once again partnered with CarsArrive Network to save dealers money while fostering an expanded, coast-to-coast auction marketplace. TradeRev is offering free vehicle transportation for dealers purchasing vehicles in qualifying states. This can save dealers hundreds to more than $1,000 per vehicle purchased and transported. TradeRev and CarsArrive Network are business units of KAR Auction Services, Inc. (NYSE:KAR), a global automotive company powering the world's most trusted vehicle marketplaces through innovation and technology.

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"TradeRev is committed to making the buying and selling of automotive inventory as fast, fair and easy as possible for dealers," said Becca Polak, president of TradeRev and chief legal officer for KAR Auction Services, Inc. "Dealers want seamless purchasing options at a value. By tapping into KAR's resources, this partnership with CarsArrive helps sellers reach a broader group of buyers and helps buyers expand their purchasing market area far beyond local at no additional cost."

From July 1, 2018 to September 30, 2018, dealers who purchase vehicles on TradeRev from sellers in New York, New Jersey or Pennsylvania will receive free vehicle transportation. And starting today, dealers buying in qualifying western states from sellers in qualifying western states receive free vehicle transportation through December 31, 2018. Qualifying western states include: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming. For details and restrictions, dealers can go to TradeRev.com and visit the Promos page.

TradeRev offers dealers fast, convenient access to high quality trade-in and commercial consignment inventory before it reaches wholesale physical auctions. The TradeRev mobile app enables dealers to launch and participate in live, one-hour auctions directly from their smartphone, tablet or desktop. Dealers using TradeRev can complete the entire auction transaction on their mobile device, including payment and financing as well as optional transportation and inspection services. This functionality is supplemented with TradeRev's comprehensive post-sale services, including title management, a fast-tracked arbitration process and live dealer support six days a week.

This TradeRev CarsArrive promotion for New York, New Jersey or Pennsylvania expires September 30, 2018 and promotion for qualifying western states expires December 31, 2018. To try the free mobile app and learn more, dealers can go to TradeRev.com.

KAR Contacts




Media Inquiries:

Analyst Inquiries:

Gene Rodriguez

Mike Eliason

(317) 343-5243

(317) 249-4559

gene.rodriguez@karauctionservices.com

mike.eliason@karauctionservices.com

About KAR Auction Services
KAR Auction Services (NYSE:KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR's unique end-to-end platform supports whole car, salvage, financing, logistics and other ancillary and related services, including the sale of more than 5.5 million units valued at over $40 billion through our auctions. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in 120 countries. Headquartered in Carmel, Ind., KAR has approximately 17,500 employees across the United States, Canada, Mexico and the United Kingdom. For more information go to www.karauctionservices.com. For the latest KAR news follow us on Twitter @KARSpeaks.

 

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SOURCE KAR Auction Services, Inc.

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