PAR North America Expands PAR Repo 360 Advantage™ Program After Successful Pilot Days to Sell Reduced by 11 Days in Test Results

FOR IMMEDIATE RELEASE

CARMEL, Ind. – March 10, 2020 – PAR North America (PAR), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services d/b/a KAR Global (NYSE: KAR), announces the expansion of its PAR Repo 360 Advantage™ service. Lenders using this digital-first product for their recovered vehicles can launch those units for sale to a potentially nationwide buyer base on ADESA.com and the ADESA Marketplace app directly from the recovery vendor’s lot, saving time and money on both transportation and reconditioning. Buyers benefit by getting first-pick access to fresh inventory of high-quality vehicles nearly two weeks before those units would otherwise be available in auction lanes.