OPENLANE

OPENLANE’s wholesale marketplace and AFC financing help dealers buy inventory faster, source vehicles, and streamline funding.

Access exclusive off-lease and wholesale inventory with OPENLANE’s dealer-to-dealer marketplace. Buy with confidence using AI-powered inspections, Buyback Guarantee, and nationwide selection.

The OPENLANE marketplace includes AI-enhanced vehicle inspections, OBD2 scans, and an As Described Guarantee for licensed dealers.

Smarter wholesale starts here. OPENLANE Intelligence combines AI and human expertise to deliver clearer insights and better pricing decisions.

A vehicle’s condition report helps buyers make informed purchasing decisions.

Learn how artificial intelligence can help dealers streamline the buying process and make more informed decisions.

OPENLANE’s digital marketplace provides automotive wholesale insights, dealer tips, and market trends to help dealers buy and sell vehicles.

OPENLANE conducts thorough vehicle inspections to generate reliable, transparent condition reports for online buyers.

OPENLANE provides dealers with support, answers, and assistance for the US marketplace.

Dealers’ preferred US marketplace for used vehicles. Wholesale made easy with better outcomes, the inventory you need and lowest fees.

Apax Partners’ fund **Ignition Acquisition Holdings LP** sells **8 million OPENLANE common shares** in a secondary offering, converting previously held Series A Convertible Preferred Stock. The transaction includes a concurrent share repurchase program by OPENLANE (OPLN). The shares were originally converted into common stock in May 2026.

Aug 2026OPENLANENews article

Ignition Acquisition Holdings LP, an Apax Partners fund, sells **8 million OPENLANE common shares** in an underwritten secondary offering. The shares stem from Series A Convertible Preferred Stock converted in May 2026. OPENLANE also repurchases shares concurrently through the underwriter.

Aug 2026OPENLANENews article

OPENLANE, a wholesale used vehicle marketplace operator, adds Kelly Tuminelli and David Hult to its Board of Directors. Both bring public company leadership experience and expertise in operations, finance, and growth strategies. Their appointments aim to enhance value for customers and shareholders.

Jun 2026OPENLANENews article

OPENLANE, Inc. introduces **OPENLANE Intelligence**, a unified framework merging its AI-driven and human-curated data technologies. The platform integrates advanced tools already embedded in its wholesale used vehicle marketplaces, enhancing key innovations. These capabilities aim to streamline operations and improve decision-making for buyers and sellers.

Jan 2026OPENLANENews article