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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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Mercedes-Benz is following suit of Infiniti and Cadiliac and changing the way they name their vehicles to make it less confusing for customers.
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AT&T has introduced an iOS version of its DriveMode mobile app to limit a driver's ability to use a smart phones while driving. The app silences incoming text message alerts when the driver is going faster than 15 mph.
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Black Book expects luxury-level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments.
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Understanding depreciation, how vehicles are valued and when to remarket can improve your total cost of ownership.
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Used vehicles sold at auctions logged their highest depreciation this year in September, as 2009-2013 car and truck models fell 1.7 percent in value.
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Volkswagen led the way with 10 vehicle honors in the third annual Vincentric Best Value in Canada awards announced Oct. 1. Other individual automaker winners included Toyota, Audi, and Chevrolet.
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The behind-the-scenes journey a vehicle takes from input to auction and beyond is an exciting experience. The following is a visual road map of an auction from beginning to end at Manheim's Riverside, Calif., operation. Photos by Blake Bobit and Chris Wolski.
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A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.
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The International Automotive Remarketers Alliance (IARA) 2014 Summer Roundtable attracted a record attendance of 203 remarketing professionals. The conference was held Aug. 19-21 at the Hyatt Regency McCormick in Chicago. Photos by Ana Miyares Photography.
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Overall depreciation for used vehicles from the past five model years improved slightly from July as the average value fell 1.3 percent in the month compared to 1.5 percent in July, according to Black Book's monthly report.
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