ADESA Canada Expands Daily Simulcast+℠ Sales Featuring Fresh Off-Lease Inventory from Top Consignors

Dealers Maximize Access to Exclusive Off-Lease Vehicles Only Available Through ADESA

ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces new daily sales hosted on the company’s proprietary Simulcast+℠ technology. The sales offer dealers across Canada exclusive access to first-run, off-lease inventory from top-tier automotive consignors not available on any other platform.

“We’re excited to offer our dealers access to exclusive inventory in a fast, exciting and competitive bidding environment with Simulcast+,” said Trevor Henderson, chief operating officer of ADESA Canada. “Because of ADESA’s long-standing relationships with the industry’s top consignors, independent dealers can now bid on and buy the freshest, off-lease inventory previously only available to franchise dealers. These sales provide an opportunity to source the right vehicles for their business, opening new doors for attracting retail customers and sales.”

The new Simulcast+ sales take place daily, Monday through Friday at 10:30 a.m. EDT and feature more than 60 first-run in an open auction, off-lease vehicles from some of Canada’s top consignors. With daily events, the sales provide dealers with additional convenient options to simultaneously source, bid and buy the highest quality inventory from any computer or mobile device.

Simulcast+ is ADESA’s proprietary marketplace technology that simulates the competitive live auction environment in an entirely digitized, highly automated, live streaming format. The platform allows sellers to offer vehicles from any location and facilitates fast, competitive bidding for buyers. ADESA introduced Simulcast+ in Canada and the U.S. last year and has received positive customer feedback on this industry-first solution providing dealers with unparalleled convenience, transparency and flexibility in digital vehicle sourcing.

“Fast-paced, exciting and easy-to-use—every part of Simulcast+ is designed to provide the most seamless user experience for our customers,” said Rick Griskie, president of digital marketplaces at KAR Global. “With our continued investment in technology, we’re empowering our dealers with the vehicles, tools and solutions they need to gain a competitive advantage in this new digital world.”

ADESA updates the sales inventory in real-time, so dealers always have convenient access to the newest available vehicles from high-converting and high-performing off-lease OEMs, fleets and repo consignors. Dealers can access schedules, view run lists and join daily Simulcast+ sales at ADESA.ca.

ADESA is a leading provider of digital marketplaces for wholesale used vehicles supported by facilities coast-to-coast across Canada. ADESA’s progressive technology, data-driven tools and industry leading customer support are helping make wholesale easy so its OEM, financial institution, rental, fleet, and franchise and independent dealer customers can be more successful. Learn more about ADESA here.