FI showroom red and grey logo
MenuMENU
SearchSEARCH

KAR Consolidates Repo Management Team

KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.

December 11, 2018
2 min to read


CARMEL, Ind. — Remarketing and technology services provider KAR Auction Services Inc. announced a consolidated management team for its software as a service businesses Recovery Database Network and recently acquired Reno, Nev.-based Clearplan.

The integrated management team increases synergies for these complementary business units, and the consolidation will enable the development and delivery of tools with increased convenience, accuracy, and transparency for its asset recovery customers and automotive lenders, according to Peter Kelly, KAR’s president of digital services.

Ad Loading...

“KAR’s acquisition of market leader Clearplan aligns with our goal to further develop the data-driven, user-friendly communications platform for customers in the repo industry,” Kelly said. “An integrated management team for RDN and Clearplan, one with tremendous domain expertise and a proven track record, will enable us to deliver the most powerful software platform in the industry and to offer smarter, faster and more effective solutions for our customers.”

Under the new management structure, all RDN and Clearplan employees will report to Clearplan president Justin Zane as part of KAR’s digital services group of companies.

“Established brands in the recovery industry, Clearplan and RDN have worked closely for several years now. By aligning the two, we can further enhance existing services and provide new product offerings to our lender and agent network,” said Zane. “It's our goal to provide industry-leading products through a proven team that the repossession and lender community has come to know and trust.” 

More Auto Finance

Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Photo of man holding a car key
Auto Financeby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Photo of a white toy car next to piles of coins
Auto Financeby Hannah MitchellJune 8, 2026

First-Quarter Sees Long Auto Loan Growth

Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.

Read More →
Ad Loading...
Assurant, Mastering Credit Friction, Sales Series, Expert Trainer Josh Krach
Auto FinanceMay 29, 2026

Mastering Credit Friction

In this video, Josh Krach explains how to turn credit friction into an advantage.

Read More →
Couple talking with auto salesman next to new car inside dealership
Auto Financeby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Photo of a loan contract on a desk
Auto Financeby Hannah MitchellMay 13, 2026

Auto Lenders, Consumers on a Tightrope

April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.

Read More →
Ad Loading...
black background with orange text saying Alec Hagey Toyota Financial Services President and CEO effective April 6 with picture of Alec Hagey
Auto Financeby Lauren LawrenceApril 6, 2026

Toyota Financial Services President Replaced

Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.

Read More →
Photo of person grabbing stacks of cash from a surface
Auto Financeby Gil Van OverMarch 30, 2026

Permission or Approval: When to Notify Finance Sources

Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.

Read More →
Three people's hands on desk as one signs a document
Auto Financeby Hannah MitchellMarch 11, 2026

At-Risk Auto Borrowers Drive Looser Credit Access

Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.

Read More →
Ad Loading...
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →