ADESA, a business unit of KAR Auction Services, announced a new fee structure for vehicles purchased in open sales on DealerBlock, the company’s online marketplace for 24/7 access to bid-now events or buy-now inventory. Customers will find the fees, which are in effect for the fourth quarter, to be simpler to calculate and, in most cases, lower.
“We are always looking for ways to make working with us simpler and more profitable for our customers,” said ADESA CEO and President Stéphane St-Hilaire. “In almost all cases, dealers will be paying less with this fee structure.”
This temporary pricing structure goes into effect for the fourth quarter, October 1-December 31. When customers log in to DealerBlock at ADESA.com, they’ll notice the simplified fees right away.
All buyers will pay the same price, based on the purchase price and nothing else, according to ADESA.