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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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GAINESVILLE, GA – Black Book has compiled a list of the top percentage changes in vehicle resale values for 2011-MY vehicles. The publication noted that entry-level cars showed the weakest price increase and that prestige luxury cars increased the most.
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Overall used values were very strong in retention for the first half of 2012. Fleet remarketing teams continued to bring in better-than-predicted returns as they remarket out-of-service vehicles.
Read More →Vehicle remarketing has come a long way since J.D. Rawls held his first auction in 1938. As these 23 leaders show, the industry continues to grow and evolve.
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Ron Shoemaker founded Flexco Fleet Services in 1992 with a $10,000 line of credit. He slowly built the remarketing businesses into a $110-million success.
Read More →TORRANCE, CA - The 2013 Conference of Automotive Remarketing (CAR) will be held March 6-7, 2013, in Las Vegas, Nev.
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TORRANCE, CA - Automotive Fleet spoke with Black Book's Ricky Beggs about how gasoline prices affect resale values and how they're affecting prices in specific vehicle segments.
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Remarketing considerations begin before purchasing a vehicle and continue through its operational life. Fleet managers should always keep an eye to the future when managing fleet assets.
Read More →GAINESVILLE, GA - Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. The Near Luxury Car and Full Size Van Cargo segments saw the largest drops during the first half of the year.
Read More →OAK BROOK, IL - vAuto announced the acquisition of Auction Genius, creator of a heads-up display for online auto auctions, and the roll-out of initial product integrations between the companies.
Read More →TORRANCE, CA – Fleet remarketing experts will share industry best practices on how to get the most money for your used green vehicles at the 2012 Green Fleet Conference.
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