WELCOME TO CARWAVE. YOUR TRUSTED CAR DEALERSHIP NETWORK. What would you like to do? Sell Trade-in Vehicles Buy Trade-in Vehicles. Don’t have an account yet?
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CARWAVE is an online automobile auction platform that simplifies the wholesaling of trade-in and frontline vehicles between franchise and independent auto …
LOG IN. Having trouble logging in? … CARWAVE is an online platform that enables dealers to wholesale both trade-ins and aged frontline units right from …
KAR Global has made yet another big move in the online dealer-to-dealer space. The company said Monday it has reached a deal to acquire CARWAVE Holdings for $450 million. The California-based dealer-to-dealer online wholesale marketplace was founded in 2009, and its network of dealer customers includes stores in Arizona, California, Nevada, Oregon and Texas. The platform […]
/PRNewswire/ — KAR Auction Services, Inc. d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the…
KAR Global said Monday that its CARWAVE and BacklotCars products have integrated into a single digital platform, which is hosted on BacklotCars. The platform offers both a live auction (currently held on Mondays and Thursdays) and a 24-7 marketplace, giving dealers flexibility, along with more inventory access for buying dealers and a deeper buyer base for […]
The deal builds on KAR’s growth in the dealer-to-dealer segment, enhances its profile in the fragmented wholesale used vehicle market, and accelerates the company’s overall move to digital auction marketplaces.
Aug 23, 2021 … – August 23, 2021 – KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR) has signed a definitive agreement to acquire CARWAVE Holdings LLC …
KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.