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Not every dent, scratch, or mechanical issue is worth fixing before selling a fleet vehicle. Learn how to weigh repair costs, resale value, market demand, and downtime to determine when reconditioning pays off and when selling as-is makes more sense.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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The key metrics of the used vehicle market are either slightly down or barely up, but affordability remains a challenge.
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The provider’s patented approach has found a direct and useful way to communicate the level of vehicle privacy with consumers for specific vehicles.
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Doubts, disputes, and different views on the quality and state of auctioned vehicles and returned rental cars will recede as more data brings greater clarity.
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However, new-vehicle sales slowed notably in May, falling to 15.6 million from 17.3 million in April.
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While the market digests the impact of tariffs, it could see slightly higher levels of wholesale depreciation over the summer.
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These six best practices can help automotive companies and operations embrace and gradually adjust to a data-driven, AI-informed business model.
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The acquisition provides the major independent auto auction operation with access to Minnesota’s Twin Cities wholesale vehicle market.
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Montway Auto Transport has announced the addition of Angels Moving Autos, a luxury automotive transport brokerage, strengthening its luxury shipping services.
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A U.S. Navy veteran who commanded the terrorist-bombed USS Cole shared some core military leadership lessons that can apply to business situations and challenges.
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