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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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IRVINE, CA - Kelley Blue Book stated that although values of compacts only increased 0.4% for most of February, during the last week of that month their values jumped 1.3%.
Read More →TORRANCE, CA - Bobit Business Media and Vehicle Remarketing magazine announced the recipients of the 2012 Remarketer of the Year and Consignor of the Year awards at the Conference of Automotive Remarketing.
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Vehicle remarketing has come a long way from its early “cattle” auction days. Advancements in technology have made it possible to reach a wider audience of prospective buyers.
Read More →WESTLAKE VILLAGE, CA — MY-2009 one of the toughest years in automotive history have exhibited strong quality, translating into ongoing dependability. This was the conclusion of J.D. Power and Associates 2012 U.S. Vehicle Dependability Study (VDS).
Read More →WALTHAM, MA – Due to a strong residual market in 2011, Thermofisher’s Global Sr. Category Leader for Fleet & Indirect Services, Rick Odell, C.P.M., told Automotive Fleet that his group was able to short-cycle 350 leases in 2011, generating a 10- to 20-percent premium over the expected residual values.
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IRVINE, CA - IRVINE, CA – Kelley Blue Book (KBB) announced it named AutoTrader.com’s Vice President Jared Rowe has been named the new president of Kelley Blue Book. Rowe's most recent role was as vice president of product management for AutoTrader.com in Atlanta, Ga.
Read More →ATLANTA -According to the recently published Manheim Used Car Market Report, mileage- and seasonally adjusted auction prices for end-of-service midsize cars and pickup trucks reached an all-time high in April 2011.
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TORRANCE, CA - Register for the 2012 Conference of Automotive Remarketing (CAR) by Monday, February 13, to save $100 on your Full Conference Pass! The 2012 CAR Conference is held March 14-15 at Caesars Palace in Las Vegas.
Read More →ATLANTA - Manheim unveiled Simulcast Everywhere on Feb. 4, a digital auction platform that brings the auction to the car, anywhere in the world, with live auctioneer-led sales.
Read More →ATLANTA – Manheim Consulting released its Used Car Market Report (UCMR) for 2011. The report cites new vehicle purchases by commercial and government fleets as well as remarketing trends for both.
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