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OPENLANE expands offering with young, lo...

OPENLANE expands offering with young, low-mileage cars under the name “OPENLANE Next-to-New” in Europe

Tienen, March 3rd, 2025 – OPENLANE, Europe’s digital marketplace for used cars, is expanding its vehicle portfolio with “OPENLANE Next-to-New” cars, an exclusive selection of young, low-mileage cars. The expansion aligns with OPENLANE’s purpose to make used car wholesale easy and responds to growing market demand.

Traditionally, OPENLANE has been the go-to marketplace for 4-5 year-old end-of-lease vehicles with an average mileage of 160,000 km, typically sold across any border in Europe in more than 50 countries. However, recognizing the increasing demand for younger, low-mileage vehicles, OPENLANE is now offering a growing number of vehicles that are under 2 years old and have a maximum of 50,000 km.

The OPENLANE Next-to-New offer allows automotive professionals such as local traders, dealers and dealer groups to access a new segment of high-quality, next-to-new vehicles at competitive prices. This curated inventory includes vehicles in like-new condition, with fewer than 50 kilometers, factory-original specifications and pending first registration, sourced from a diverse range of suppliers, including manufacturers, importers, distributors and trading companies. These like-new vehicles are mostly available at fixed prices in a 24/7 sale, eliminating the need for bidding and ensuring a quick transaction.

OPENLANE’s customers can easily discover “OPENLANE Next-to-New” vehicles by using the “Find cars” tab and selecting the “Focus on” filter on the openlane.eu marketplace. With every purchase, OPENLANE customers continue to benefit from a first-in-class multilingual customer support.

With “OPENLANE Next-to-New”, OPENLANE is setting a new benchmark in the European digital car auction industry. “By expanding our portfolio to include younger, low-mileage vehicles, we ensure that both buyers and sellers can capitalize on a high-demand market segment with ease and confidence”, said Grainne Van Berkum, President at OPENLANE Europe.

Today, up to 20% of OPENLANE’s monthly vehicle offering consists of Next-to-New vehicles, reflecting the strong demand and rapid growth of this segment.

Log in to openlane.eu and discover the advantages of “OPENLANE Next-to-New”!

About OPENLANE Europe

OPENLANE Europe, a business unit of global vehicle remarketing and technology solutions provider OPENLANE (NYSE: KAR), makes used car wholesale easy for its customers so they can be successful. The company seamlessly connects OEMS, Fleet owners, wholesalers, and dealers with buyers in more than 50 countries across Europe. Its robust online car marketplace reduces risk, improves transparency and streamlines transactions. Headquartered in Belgium, OPENLANE Europe has sales operations in Belgium, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. For more information, visit openlane.eu.

About OPENLANE Inc.

OPENLANE, Inc. (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. The company’s unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated marketplaces reduce risk, improve transparency and streamline transactions for customers around the globe. Headquartered in Carmel, Indiana, the company has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest company news, visit corporate.openlane.com.

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