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ADESA Expands New Online Wholesale Auction Product

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ADESA, owned by Carvana (NYSE: CVNA), announced expansion plans for its proprietary online auction product, ADESA Clear, in 2025. The platform, which began testing in late 2023, combines ADESA's wholesale auto expertise with Carvana's technology capabilities.

ADESA Clear currently offers timed online wholesale auctions with transparent pricing, detailed vehicle condition reports including OBDII scans and engine audio, and Carvana-powered visual merchandising. The platform features AI-based vehicle recommendations and machine learning-powered valuations, operating across multiple metro areas including Washington D.C., Atlanta, Birmingham, Charlotte, and others.

The 2025 expansion will include increased vehicle selection, broader geographic reach across the Carvana-ADESA network, and new tools to enhance both digital and in-lane auction platforms.

ADESA, di proprietà di Carvana (NYSE: CVNA), ha annunciato piani di espansione per il suo prodotto d'asta online esclusivo, ADESA Clear, nel 2025. La piattaforma, che ha iniziato i test alla fine del 2023, combina l'esperienza nel settore automotive all'ingrosso di ADESA con le capacità tecnologiche di Carvana.

ADESA Clear offre attualmente aste all'ingrosso online temporizzate con prezzi trasparenti, rapporti dettagliati sulle condizioni dei veicoli che includono scansioni OBDII e audio del motore, e merchandising visivo alimentato da Carvana. La piattaforma presenta raccomandazioni per i veicoli basate su IA e valutazioni alimentate da machine learning, operando in diverse aree metropolitane tra cui Washington D.C., Atlanta, Birmingham, Charlotte e altre.

L'espansione prevista per il 2025 includerà una maggiore selezione di veicoli, un ampliamento della portata geografica attraverso la rete Carvana-ADESA, e nuovi strumenti per migliorare sia le piattaforme di asta digitali che quelle in presenza.

ADESA, propiedad de Carvana (NYSE: CVNA), anunció planes de expansión para su producto de subasta en línea exclusivo, ADESA Clear, en 2025. La plataforma, que comenzó a probarse a finales de 2023, combina la experiencia de ADESA en autos al por mayor con las capacidades tecnológicas de Carvana.

ADESA Clear actualmente ofrece subastas al por mayor en línea temporizadas con precios transparentes, reportes detallados sobre la condición de los vehículos que incluyen escaneos OBDII y audio del motor, además de merchandising visual potenciado por Carvana. La plataforma cuenta con recomendaciones de vehículos basadas en IA y valoraciones impulsadas por aprendizaje automático, operando en varias áreas metropolitanas como Washington D.C., Atlanta, Birmingham, Charlotte y otras.

La expansión de 2025 incluirá una mayor selección de vehículos, un alcance geográfico más amplio a través de la red Carvana-ADESA, y nuevas herramientas para mejorar tanto las plataformas de subastas digitales como las presenciales.

ADESACarvana (NYSE: CVNA) 소속으로, 2025년 자사의 온라인 경매 제품인 ADESA Clear의 확장 계획을 발표했습니다. 2023년 말부터 테스트를 시작한 이 플랫폼은 ADESA의 도매 자동차 전문성과 Carvana의 기술력을 결합합니다.

현재 ADESA Clear는 투명한 가격으로 시간 제한이 있는 온라인 도매 경매를 제공하며, OBDII 스캔 및 엔진 오디오를 포함한 차량 상태 보고서를 자세히 제공하고, Carvana 기반의 비주얼 머천다이징을 제공합니다. 이 플랫폼은 AI 기반의 차량 추천 및 머신 러닝을 통한 평가 기능을 갖추고 있으며, 워싱턴 D.C., 애틀랜타, 버밍햄, 샬롯 등 여러 대도시 지역에서 운영되고 있습니다.

2025년의 확장 계획에는 차량 선택의 증가, Carvana-ADESA 네트워크를 통한 더 넓은 지리적 범위, 그리고 디지털 및 오프라인 경매 플랫폼을 개선할 새로운 도구들이 포함될 예정입니다.

ADESA, appartenant à Carvana (NYSE: CVNA), a annoncé des plans d'expansion pour son produit de vente aux enchères en ligne exclusif, ADESA Clear, en 2025. La plateforme, qui a commencé les tests à la fin de 2023, combine l'expertise d'ADESA en matière de voitures en gros avec les capacités technologiques de Carvana.

ADESA Clear propose actuellement des enchères en ligne en gros chronométrées avec des prix transparents, des rapports détaillés sur l'état des véhicules incluant des scans OBDII et l'audio du moteur, ainsi que des marchandisages visuels alimentés par Carvana. La plateforme offre des recommandations de véhicules basées sur l'intelligence artificielle et des évaluations propulsées par l'apprentissage automatique, opérant dans plusieurs zones métropolitaines, y compris Washington D.C., Atlanta, Birmingham, Charlotte et d'autres.

L'expansion prévue pour 2025 comprendra une sélection de véhicules accrue, une portée géographique plus large à travers le réseau Carvana-ADESA, et de nouveaux outils pour améliorer les plateformes d'enchères numériques et en présentiel.

ADESA, im Besitz von Carvana (NYSE: CVNA), hat Expansionspläne für sein proprietäres Online-Auktionsprodukt ADESA Clear im Jahr 2025 angekündigt. Die Plattform, die Ende 2023 mit Tests begonnen hat, kombiniert die Fachkenntnisse von ADESA im Großhandel mit den technologischen Fähigkeiten von Carvana.

ADESA Clear bietet derzeit zeitgesteuerte Online-Großhandelsauktionen mit transparenten Preisen, detaillierte Fahrzeugzustandsberichte einschließlich OBDII-Scans und Motor-Audio sowie Carvana-unterstütztes visuelles Merchandising. Die Plattform umfasst KI-basierte Fahrzeugempfehlungen und maschinelles Lernen-gestützte Bewertungen und ist in mehreren Metropolregionen tätig, darunter Washington D.C., Atlanta, Birmingham, Charlotte und andere.

Die Expansion im Jahr 2025 wird eine erweiterte Fahrzeugauswahl, eine breitere geografische Reichweite im Carvana-ADESA-Netzwerk und neue Tools zur Verbesserung sowohl der digitalen als auch der analogen Auktionsplattformen umfassen.

Positive
  • Expanding digital auction platform to new markets in 2025
  • Integration of advanced technology features (AI recommendations, ML valuations)
  • Operating successfully across 12 major metro areas
Negative
  • None.

Insights

The expansion of ADESA Clear marks a pivotal advancement in Carvana's vertical integration strategy, potentially transforming the $100+ billion wholesale auto market. The platform's sophisticated features - including OBDII scans, engine audio and AI-driven recommendations - create significant technological barriers to entry while addressing important trust and efficiency gaps in wholesale transactions.

The strategic value proposition is compelling on multiple fronts:

  • Integration of Carvana's digital expertise with ADESA's wholesale network creates powerful network effects and operational synergies
  • AI-powered recommendations and machine learning valuations leverage Carvana's vast data ecosystem, enabling more accurate pricing and improved inventory turnover
  • The transparent fee structure and guaranteed-to-sell model could disrupt traditional auction dynamics, potentially capturing market share from competitors like Manheim
  • Geographic expansion across major metro areas suggests strong platform adoption and scalability

The platform's evolution could significantly impact Carvana's financial profile through:

  • Enhanced revenue streams from transaction fees and value-added services
  • Improved inventory sourcing efficiency for Carvana's retail business
  • Reduced operational costs through digital automation
  • Increased market intelligence from transaction data

This initiative represents a strategic moat-building exercise that could strengthen Carvana's competitive position in both wholesale and retail auto markets while generating substantial recurring revenue streams.

ADESA Clear to add Selection, Features, and Geographic Reach in 2025

PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary online auction product, ADESA Clear. ADESA, which is owned by leading online auto retailer Carvana (NYSE: CVNA), developed and began testing Clear in late 2023, leveraging both ADESA’s extensive wholesale auto expertise and Carvana’s deep technology and digital merchandising capabilities. In 2025, ADESA expects to expand Clear, adding more selection, new features, and broader geographic reach. Clear is one of many new digital tools Carvana and ADESA are developing to enhance the online and in-lane wholesale customer experience.

ADESA Clear Mobile App Visuals (Photo: Business Wire)

ADESA Clear Mobile App Visuals (Photo: Business Wire)

"After a strong 2024, ADESA remains focused on what has always made us successful – helping our wholesale customers buy and sell cars as efficiently and profitably as possible," said Mike Caggiano, Executive Vice President of Operations at ADESA. "As the market evolves, digital services like ADESA Clear, our new online auction product, play an increasingly important role alongside our traditional in-lane infrastructure. With Clear and other new offerings, we are proud to combine ADESA and Carvana capabilities to drive even better outcomes for our customers.”

Today, ADESA Clear offers:

  • Timed online wholesale auctions optimized for efficiency and transparency.
    • The starting bid is the floor (the lowest price the seller will accept). Every vehicle with a bid sells.
    • Each vehicle condition report includes detailed OBDII scans and engine audio.
    • All vehicles are listed with Carvana-powered, in-depth visual merchandising.
    • Fees are clearly listed and never hidden.
  • Convenient interfaces and value-added tools that support all types of wholesale vehicle buyers.
    • Intuitive web and app access allows single-click bidding and 24/7 access.
    • AI-based vehicle recommendations are tailored to individual buyer preferences.
    • Robust valuations are powered by machine learning models leveraging millions of historical transactions.
  • Access to a wide and growing selection of high-quality inventory offered across multiple online sales per week from ADESA and Carvana locations in the Washington D.C., Atlanta, Birmingham, Charlotte, Jacksonville, New Jersey, Orlando, Raleigh, Sarasota, Tampa, Phoenix, and Los Angeles metro areas.

In 2025, ADESA will increase the selection of vehicles available on Clear, expand the Clear offering to vehicles sold from more locations across the Carvana-ADESA network, and launch new tools and features to support customers across both its digital and in-lane auction platforms. For more information about ADESA Clear or to register for upcoming wholesale auctions, visit the ADESA Clear website.

About ADESA

ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA).

Learn more about ADESA here.

About Carvana

Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can find a car, get financing, trade-in, and complete a purchase entirely online with the convenience of delivery or local pick-up as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.

For more information, please visit www.carvana.com.

MEDIA CONTACT:

Carvana Communications

press@carvana.com

Source: Carvana

FAQ

What new features will ADESA Clear add in its 2025 expansion?

In 2025, ADESA Clear will increase vehicle selection, expand to more locations across the Carvana-ADESA network, and launch new tools for both digital and in-lane auction platforms.

How many metro areas does ADESA Clear currently operate in for CVNA?

ADESA Clear currently operates in 12 metro areas, including Washington D.C., Atlanta, Birmingham, Charlotte, Jacksonville, New Jersey, Orlando, Raleigh, Sarasota, Tampa, Phoenix, and Los Angeles.

What technology features does ADESA Clear offer for vehicle auctions?

ADESA Clear offers AI-based vehicle recommendations, machine learning-powered valuations, detailed OBDII scans, engine audio reports, Carvana-powered visual merchandising, and single-click bidding through web and app interfaces.

When did CVNA's ADESA Clear begin testing its online auction platform?

ADESA Clear began testing its online auction platform in late 2023, combining ADESA's wholesale auto expertise with Carvana's technology capabilities.

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