Carwave Integrates with Backlot Cars

By Staff Writer January 24, 2023

KAR Auction Services announced the integration of Carwave and BacklotCars. The single digital platform is now hosted on BacklotCars and brings together the best of both offerings by adding a live auction combined with a 24/7 marketplace. The new offering provides dealers more flexibility in the way they want to transact.

Peter Kelly.

Buyers have expanded access to more diversified inventory, while sellers can tap into the power of a broader buyer base.

“We have expanded access to inventory for buyers, increased visibility on sellers’ vehicles and provided a more simplified customer experience,” said Peter Kelly, chief executive officer of KAR Global. “We worked closely with dealers to understand what they value most and incorporated their feedback so that we continue to meet the needs of dealers in every market.”

The new auction sale type is being offered to sellers in California and buyers in nearby areas and will expand to customers in other regions in the coming months. BacklotCars currently runs live auctions on Mondays and Thursdays. 

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Last modified on Friday, 27 January 2023 14:08