Overdrive by ADESA
Owner’s Manual
Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market

Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market


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During last month’s Used Car Week conference, Doug Hadden, ADESA’s executive director of dealer services, training and development, was featured on a panel discussing innovative ways of buying and selling used cars in the wholesale channel–including physical auctions, dealer-to-dealer networks, and more. Check out the video below: Here are a few key points Doug shared during...
VIDEO: Kontos Kommentary for December 2015

VIDEO: Kontos Kommentary for December 2015


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2015 was largely a year when strong retail used vehicle and CPO demand, benign new vehicle incentive activity, and the embrace of upstream as well as traditional auction processes among remarketers diluted the usual negative impact of growing supply on wholesale values. Further masking that impact was the displacement of off-rental program vehicle volume that...
ADESA’s Top 10 Blog Posts of 2015

ADESA’s Top 10 Blog Posts of 2015


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Another year has come and gone. During these past 12 months, ADESA celebrated many incredible milestones and our Overdrive Blog was there to document it all. As we reflect on 2015, here is a list of our top 10 ADESA Overdrive Blog posts: 10. KAR Fun Fridays Return to Celebrate Americana Returning for their second year,...
November 2015 Kontos Kommentary

November 2015 Kontos Kommentary


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In November, average wholesale prices were up on a month-over-month basis and essentially flat on a year-over-year basis, but as in previous months, the uptick was largely driven by truck prices. Off-rental units showed price gains, but these gains are deceiving, as manufacturers and rental sellers reduced “conversion rates” (i.e., units sold as a percentage...
Five Important Steps to Creating a Strong Customer Service Plan

Five Important Steps to Creating a Strong Customer Service Plan


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Today’s consumers aren’t just looking for a good product and a good price. They expect an excellent customer service experience as well. This interaction with a company may be the deciding factor between a successful sale and a customer lost to the competition. Case in point: if you’re trying to sell a Lexus, don’t just...
Another Record Year for Food Drive at KAR Headquarters

Another Record Year for Food Drive at KAR Headquarters


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Things were pretty quiet during the first three days of the traditional “battle-of-the-floors” food drive at KAR’s headquarters. KAR Software Quality Analyst Scott Schultz, in his fifth year of organizing the collection efforts, was a bit nervous. After all, last year’s drive was an exciting, record-breaking event that brought in nearly 20,000 items, so the expectations...
VIDEO: Kontos Kommentary for October 2015

VIDEO: Kontos Kommentary for October 2015


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As in September, October average wholesale prices were driven up largely by upticks in truck prices. Still, wholesale values were solid in most model year and sale type categories, with the exceptions being off-rental risk and off-lease vehicles. The off-rental risk price declines were driven mostly by higher mileage vehicles, while the off-lease price softness...
VIDEO: Kontos Kommentary for September 2015

VIDEO: Kontos Kommentary for September 2015


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In the latest Kontos Kommentary, I provide a brief overview of September 2015’s numbers and share insights regarding the state of wholesale used vehicle prices. I hope you enjoy watching. Summary Average wholesale used vehicle prices were relatively flat in September, as car prices fell while truck prices rose in light of low fuel prices....
VIDEO: Kontos Kommentary for August 2015

VIDEO: Kontos Kommentary for August 2015


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I’ve been overwhelmed with positive feedback since launching Kontos Kommentary on video and want to thank our readers and viewers for the kind comments. Our latest video covers not only the August results, but also our 2015 midyear review edition of Pulse. I hope you find the content valuable and insightful. Summary Average wholesale used...