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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Trucks and SUVs logged the strongest resale value during July in a month that saw lighter depreciation of 1.3 percent for 2010-2014 model year vehicles, according to Black Book.
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In his new role, Waltz will assist AFC in building upon inventory financing opportunities in specialty segments such as RV, powersports, rental, and commercial truck.
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Now, car buyers get complimentary Carfax Vehicle History Reports from subscribing dealers included with their inventory on Carpages.ca.
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Mainstream electric vehicles (EV) are depreciating much faster than their gas sister models, according to new data from Black Book.
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The Conference of Automotive Remarketing (CAR), which is produced by Bobit Business Media, publisher of Automotive Fleet, celebrated its 20th anniversary with special events and contests — and a cake provided by sponsor ServNet.
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Smaller cars showed the highest depreciation levels in June, while SUVs, pickups, and vans showed relative strength in a used-car market that's now tilted toward larger, less fuel efficient vehicles.
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Vehicle shipper MetroGistics has hired David R. Larson as executive vice president for business development and sales partner. In this new position, Larson will help the company grow its business on multiple fronts.
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Overall, used GVW 3-8 transactions from March 1, 2014 to March 31, 2015 accounted for 51.7 percent of total GVW 3-8 transactions in the U.S. market.
Read More →Toyota vehicles were named as the Best Retained Value among automotive brands in 2015 in the non-luxury category, Edmunds.com has announced.
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Lincoln plans to cease production of the full-size sedan, which shares its platform with the Ford Taurus, in 2016.
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