Menlo Park, Calif. — ATC-Onlane, an auction company for automotive dealers to buy and sell wholesale vehicles, announced that it will power Ford Motor Credit Company's North American online remarketing program, Accelerate, giving Ford Motor Credit dealers across the U.S. and Canada access to a wide inventory of off-lease vehicles. More than 6,000 dealers representing North American Ford Motor Company brands, including Ford, Lincoln, Mercury, Jaguar, Land Rover, Mazda and Volvo, have access to a nationwide inventory of off-lease vehicles before they are made available anywhere else.
Prior to the launch of Accelerate, Ford Motor Credit dealers could only acquire off-lease vehicles that were returned by the lessee (or "grounded") at their dealerships, or by traveling to physical auctions. Now dealers can utilize the ATC-Onlane powered Accelerate program to better manage their inventory without having to leave their dealership. Dealers can pay for the vehicles via a wire transfer or Ford Motor Credit floor plan. ATC-Onlane's transportation services are also integrated on the Accelerate site, allowing buyers to easily arrange for the transfer of purchased vehicles to their locations.
By offering thousands of vehicles for sale upstream via the Internet, Accelerate gives dealers access to vehicles across North America. Dealers have the ability to conveniently buy the vehicles they need with a faster time to sale. Specifically, the Accelerate sites allow dealers to:
-Purchase vehicles that are turned-in by the lessee;
-Browse and purchase from a nationwide inventory of vehicles located at other dealerships;
-View condition reports and high resolution photos for all vehicles;
-Arrange for transportation of purchased vehicles online directly on the Accelerate site; and
-Pay for purchases using a variety of payment methods, such as wire transfer and Ford Motor Credit floor plan.