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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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After increasing the last four months, wholesale used vehicle prices declined in October. The Manheim Index now stands at 122.3, an increase of only 0.3% from its year-ago level.
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Ten Manheim locations across the country were honored for outstanding performance by customers – including a first-time sweep of 13 Chase Cup awards from Chase Auto Finance – at the 65th annual National Auto Auction Association (NAAA) conference.
Read More →The 2013 International Automotive Remarketers Alliance (IARA) held its Summer Roundtable meeting August 20-21 at the Hyatt Regency in Dallas. This year’s event included 170 attendees.
Read More →ADESA and Chrysler Group LLC Remarketing announced the launch of a new and improved version of the Chrysler Direct online vehicle remarketing website for franchised Chrysler Group dealers, powered with technology from OPENLANE.
Read More →Emkay was awarded a Grand Stevie Award in The 11th Annual American Business Awards Monday night with the event focused on the technology and new product awards categories.
Read More →Black Book’s recent overview of depreciation rates found that full-size cargo vans held their value in August, performing the best in terms of retention value, and that compact crossovers fell to the bottom of the pack, seeing the highest depreciation rate.
Read More →The U.S. Dept. of Energy and the EPA now offer an online tool that allows users to create digital and print fuel economy labels, for example for use when selling a used vehicle.
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The supply of used vehicles entering the market in 2013 is increasing, creating a “pretty solid” environment for resale. The remarketers of tomorrow may face some challenges.
Read More →Emkay Inc. announced that they hosted another successful and productive Client Advisory Board (CAB) meeting in Chicago the last week of August.
Read More →SouCheNow.com has been launched as an Internet portal that will allow consumers and dealers to efficiently and transparently trade used cars in China through its proprietary web and mobile applications, according to the company.
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