KAR Auction Services’ business unit ADESA announced this week the new fee structure for open sales on DealerBlock. Those using the company’s 24/7 online marketplace for bid-now events or buy-now inventory should expect to find the fees, in effect for the fourth quarter, to be simpler to calculate and, in some cases, lower.

Stephane St-Hilaire, ADESA’s president and chief executive officer, believes dealers will be pleasantly greeted by the program’s new fee system.

“We are always looking for ways to make working with us simpler and more profitable for our customers,” St-Hilaire said. “In almost all cases, dealers will be paying less with the fee structure.”

The temporary pricing structure went into effect Wednesday and will remain in place until the end of the year on Dec. 31. The same price will be paid by all buyers based simply on the purchase prices alone.