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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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ATLANTA - Don Meadows, president and CEO of AutoIMS passed away Dec. 10, 2012 from a presumed heart attack. He was 61.
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The ongoing tight supply of used vehicles has kept resale values strong and reduced fleet depreciation rates. This is expected to continue through CY-2013. A return to traditional resale values isn’t expected until CY-2014.
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GAINESVILLE, GA – Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.
Read More →LOS ANGELES – ALG has announced its 14th annual Residual Value Awards, which recognize vehicles in different segments that the organization forecasts will retain the highest percentage of MSRP after a three-year period.
Read More →McLEAN, VA - The National Automobile Dealers Association is projecting increases in used-car prices for luxury and import brands, and for pickup trucks.
Read More →TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
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DELRAY BEACH, FL - Fowler previously served as transportation manager and sales rep for the company, overseeing both national and international fleets.
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MT. ARLINGTON, NJ - Matt Marks, long-time executive director of IARA, passed away Sunday, Oct. 28 from a heart attack.
Read More →GAINESVILLE, GA – Black Book reported an overall improvement in used cars over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks.
Read More →TROY, MI – PPG Industries released the results of a survey of automotive color paint color preferences. PPG broke out its global survey on a regional basis, in addition to providing overall data.
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