As an independent dealer, you know how important it is to find reliable, affordable inventory — fast. Ready for some good news? The rise of online auto auctions has made it easier than ever to source quality used vehicles without the hassle of travel or tight sale-day schedules.
Digital wholesale marketplaces like OPENLANE provide the flexibility, selection and confidence you need to keep your lot stocked and your business running smoothly. Here are four key benefits of making online auctions part of your inventory strategy.*
1. Greater Flexibility and Convenience
One of the biggest advantages of online auto auctions is flexibility. With digital marketplaces, you can browse, bid and buy vehicles from anywhere, anytime, and all you need is an internet connection.
Instead of losing hours traveling to physical auctions, you can stay focused on your dealership. Platforms like the OPENLANE app are designed for mobility and ease of use, allowing you to handle everything — from placing bids to scheduling transportation — right from your phone or computer.
And because the OPENLANE marketplace is open 24/7, you can bid when it fits your schedule, not the other way around. The app is also available to both US and Canadian dealers, making it easy to source vehicles wherever your business operates.
2. Access to a Wider Range of Inventory
Traditional auctions can limit you to the vehicles on-site that day. Online auto auctions remove those boundaries, connecting you to a nationwide network of sellers and thousands of vehicles ready for purchase.
Through OPENLANE, you’ll find everything from fresh dealer trades to exclusive off-lease vehicles that might not appear anywhere else. Powerful search and filter tools make it easy to sort by make, model, mileage and price — helping you find the right inventory faster and more efficiently.
3. Increased Confidence Through Transparency
Buying sight-unseen can feel risky, which is why transparency is essential. Leading platforms like OPENLANE provide detailed condition reports and comprehensive vehicle inspections, including over 25 high-quality photos, decoded OBD2 diagnostic codes and even AI-powered exterior damage detection on the US Marketplace.
Some listings also feature engine audio recordings and undercarriage images, giving you the insight you need to make confident purchasing decisions. With these tools, you can buy online with the same confidence you’d have walking around a vehicle in person.
4. Seamless Integration with Dealer Services Like Floorplan Financing
Online auto auctions don’t just simplify buying, they also make it easier to connect with essential dealer services like floorplan financing. With AFC, dealers can finance vehicles purchased online just as they would at a physical auction, helping to keep inventory moving smoothly.
OPENLANE integrates with AFC to make the process even more efficient — from sourcing to funding. Current AFC customers in the US can also take advantage of OPENLANE’s Fast Path sign-up, a quick and convenient way to start sourcing vehicles with OPENLANE US and floor them with AFC.
Smarter Sourcing Starts Here
Every independent dealer has their own approach to sourcing inventory, and online auto auctions like OPENLANE simply add another powerful option. With the flexibility to browse and buy nationwide, plus seamless AFC floorplan financing, it’s easier than ever to source vehicles on your terms.
Whether you’re testing digital tools or expanding your online strategy, AFC and OPENLANE are here to help you buy smarter and keep your lot moving.
Ready to explore a more flexible way to source inventory?
Connect with your local AFC representative to get started with OPENLANE today.
* Disclaimer: AFC does not guarantee any results for floorplan financing or online purchases. Dealers should consult their own advisors to make independent business decisions regarding floorplan financing and platforms used to purchase inventory. “AFC” refers to Automotive Finance Corporation, Automotive Finance Canada Inc., and AFC Cal, LLC in their respective jurisdictions
