Full-Time
Posted on 2/20/2025
Online marketplace for wholesale vehicle transactions
$130k - $150kAnnually
Senior
Remote in USA
Candidates must be based in California.
You match the following Openlane's candidate preferences
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Openlane operates an online marketplace specifically designed for car dealers in the wholesale automotive market. The platform allows dealers to buy and sell vehicles in bulk, providing access to a wide inventory that includes dealer trades, commercial vehicles, and off-lease exclusives. Openlane simplifies the buying process by offering detailed vehicle reports, which help dealers understand the specifics of each vehicle, reducing uncertainty and risk associated with purchasing used cars. Unlike many competitors, Openlane focuses on transparency and ease of use, ensuring that dealers can make informed decisions. The company's goal is to enhance the efficiency and profitability of car dealers by providing a comprehensive and user-friendly platform for vehicle transactions.
Company Size
51-200
Company Stage
IPO
Total Funding
N/A
Headquarters
Redwood City, California
Founded
1997
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Mental Health Support
Tuition Reimbursement
Professional Development Budget
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New Code Boost IQ Exploits Data Moat to Empower US Dealers with Smarter, Faster Purchase DecisionsCARMEL, Ind., Aug. 15, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Code Boost IQ, a first-of-its-kind vehicle inspection enhancement that enables faster, better informed decision-making for dealers. Industry-standard "On-Board Diagnostics II" (OBD2) scans detect thousands of alphanumeric diagnostic codes that indicate potential mechanical or electrical issues. Code Boost IQ leverages artificial intelligence, the company's analytics engine and millions of internal data points to translate flagged OBD2 codes into simple, easy-to-understand visual alert banners. Available on every dealer-consigned vehicle in OPENLANE's US marketplace, Code Boost IQ helps dealers quickly discern which codes are cause for concern and adjust their pricing or purchasing approach accordingly."OPENLANE is committed to making wholesale easy with every customer, and Code Boost IQ is just another OPENLANE innovation that's making our marketplace the smartest, most transparent and most efficient platform for dealers to transact," said James Coyle, EVP and president, North American marketplaces at OPENLANE