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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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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.
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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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The jury is still out on total cost of ownership (TCO) for the 2015 F-150; however, fleet owners should not expect a high cost-to-own increase from the 2014 to 2015 F-150 models, according to Vincentric.
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Black Book has begun offering residual valuation data for a new group of compact SUVs entering the market as it expands coverage of one of the automotive industry's fastest growing segments.
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CPS (Consumer Portfolio Services) announced their 2014 top performing auctions through its Auction Performance Program at the CAR conference in Las Vegas on March 18. Categories included: The CPS Top Gun Award, The CPS Heavy Hammer Award, The Operational Excellence Award, Highest Online Sales Percentage and the CPS Small Market Top Gun Award. (PHOTOS: CPS)
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Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
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