autoniq® Announces Integration of CarMax® Auction Inventory Nationwide
Dealers Now Have Easy, Real-time Access to Nationwide CarMax Auction Inventory
AUTONIQ, LLC, a subsidiary of leading operator of digital marketplaces for wholesale used vehicles OPENLANE, Inc. (NYSE: OPLN), announces a new integration bringing CarMax (NYSE: KMX) Auction inventory to the autoniq platform. Subscribers to autoniq can now find vehicle and pricing information from all of the CarMax Auctions nationwide in one place, making it easier for them to make real-time, fast decisions.
“Our customers asked, and we listened,” said Matt Robertson, senior director at autoniq. “CarMax Auction inventory was one of the most highly requested inventory sources by autoniq subscribers, and I’m thrilled to say this integration is now live. autoniq subscribers can now find all CarMax Auctions nationwide on the platform. Our North Star is to provide dealers easy access to the vital information they need when they need it, and this is just another step in making vehicle sourcing and pricing easier for them.”
CarMax Auctions feature thousands of vehicles each week. These dealer-only auctions are 100% online, allowing dealers to bid and buy with confidence, featuring up-front announcements and an average sell-through rate of 95%, all backed by a free 7-day arbitration period on all purchases (see CarMax Auction policies for details).
“We are excited to collaborate with autoniq, giving dealers across the country real-time access to our nationwide inventory. This integration is a direct result of us listening to dealer needs and investing in new tools to help them succeed,” said Dave Unice, Vice President of Merchandising at CarMax. “With thousands of vehicles moving through CarMax Auctions each week, we’re working to empower dealers to make smarter buying decisions with confidence and transparency.”
autoniq is the leading source for vehicle pricing and evaluation information, giving automotive dealers the confidence they need to make buying decisions for their business — all in one platform. With this integration, autoniq’s over 12,000 subscribers now have access to vehicle and pricing information from over 500 physical and online inventory sources. Dealers can scan VINs with a fast and accurate VIN scanner, browse available auction inventory and search for vehicles from mobile or desktop.
To learn more about autoniq and sign up, visit autoniq.com. To register for CarMax Auctions, visit carmaxauctions.com or submit a request at carmaxauctions.com/articles/autoniq.
