ADESA (Auto Dealers Exchange Services of America) doesn't sell cars, it sells fleets of cars. The company is North America's second-largest provider of used vehicle auction services, offering redistribution services to automakers, lessors, and dealers through 65 whole car (versus salvage car) auction sites and an online service, OPENLANE. ADESA collects fees from buyers and sellers on each auction and from extra ancillary services such as logistics, inspections, titling, reconditioning, and settlement administration. Under holding company KAR Auction Services, ADESA works with Automotive Finance Corp. (AFC), which offers dealer floorplan financing, and auto salvage auctioneer Insurance Auto Auctions (IAA).