
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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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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The average price of a used vehicle from the 2009 to 2013 model years fell 1.2 percent in May with several truck and van segments registering positive gains from April, according to Black Book.
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Ford Motor Company Fund has donated five Ford Transit vans to the American Red Cross to add to the company's fleet of more than 3,000 vans that support disaster relief.
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J.D. Power and the National Automobile Dealer Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business. The transaction is expected to close early in the third quarter of 2015.
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Average wholesale used vehicle prices increased in April in a trend attributed to a significant proportion of sales of higher priced, late-model, off-rental, manufacturer program vehicles that elevated average prices, according to ADESA.
Read More →Donlen has announced the recipients of its annual Top Auction Awards, which include eight winners from around the country.
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The 20th annual CAR took place on March 18-19 at Caesars Palace, Las Vegas. Watch the recap here! View photos
Read More →Copart, Inc., a leading online vehicle auction company, has opened its second facility in the Middle East, Copart Bahrain Auctions W.L.L.
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ShipCarsNow and Ready Auto Transport have joined forces to provide truck or rail transportation to vehicle shippers as a response to increasing volumes for remarketed and new cars.
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Compact SUVs held the strongest retention value in April, increasing 2.8 percent in a month that saw overall depreciation largely unchanged from March levels, according to Black Book.
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