REDWOOD CITY, Calif. -
Mazda dealers now have a new avenue for acquiring off-lease vehicles to help shore up their used inventories thanks to an online resource powered by OPENLANE.
Through the Mazda Vehicle Remarketing online auction, the automaker’s U.S. dealer body gets first crack at vehicles coming off-lease.
Moreover, OPENLANE crafted an online grounding tool specifically for Mazda. Dealers can use this function to upload lease returns into the system.
Obtaining vehicles off-lease can be crucial for dealers’ used-vehicle inventories these days, as recent years of leasing drying up has led to a decreased supply for dealers throughout the country.
“By offering an additional inventory source for our dealers, Mazda Vehicle Remarketing brings greater access to Mazda vehicles,” stated Robert Fecher, who is the manager of portfolio valuation and remarketing for Mazda North American Operations.
“OPENLANE worked closely with us to create a system that would benefit our dealers across the country,” he added.
OPENLANE is also offering dealers such wholesale services as floor planning and financing options; vehicle condition reports; live online customer service and support; title transfers; third-party vehicle inspections; arbitration support; and transportation.
“We’re pleased to be extending our relationship with Mazda to create the Mazda Vehicle Remarketing program and bring the myriad benefits of online auctions to thousands of dealers nationwide, as well as provide an additional source for selling off-lease vehicles,” noted OPENLANE president Peter Kelly.
“By truly understanding Mazda’s needs, we were able to customize a platform to enable Mazda dealers to streamline their purchasing process and provide a more efficient way of remarketing lease returns,” Kelly added.