OPENLANE Company Overview
OPENLANE is an online auction website for the car trade. The company sells leasing vehicles, commercial vehicles and stock cars from leasing companies, car traders, fleet owners and car rental companies to professional car dealers across Europe, with most sales done to Central and Eastern Europe. This qualifies OPENLANE as an operator in the vehicle remarketing market. The selection of used vehicles includes passenger cars, vans and light trucks, damaged cars and wrecks of all makes and models. On average, vehicles are 3 to 5 years old and have 100,000 to 160,000 km under their belts. 25% are more recent vehicles.
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