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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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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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The dates have been set for the 2015 Conference of Automotive Remarketing (CAR), which will be held from March 18-19 in Las Vegas.
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This move brings together more than 20 leading wholesale and retail automotive brands, including Manheim, AutoTrader.com and Kelley Blue Book.
Read More →As part of its long-term growth strategy to invest in emerging markets, has Manheim announced that it has purchased a majority stake in CarBizz, an auction operation based in São Paulo.
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Used-vehicle depreciation slipped to 1.5 percent in July, as mid-size sedans led a sharper decline in value after a strong spring, reports Black Book.
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