OCAL Financial targets growth with asset-light vehicle sourcing model, zero standing inventory
KAR•OCAL Financial plans to scale an asset-light vehicle sourcing model with zero standing inventory, sourcing vehicles after customer approval and using OPENLANE as a digital pool.
1. Asset-light sourcing plan
OCAL Financial plans to expand into new markets without building dealerships or stocking lots, relying on auction access, partners and standardized reconditioning. The company says it will focus on financing and service revenue rather than vehicle markups, while sourcing vehicles only after customer approval.
