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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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CARMEL, IN– Wholesale used-vehicle prices showed continued softness in February. Average prices for vehicles sold by all the major seller groups (manufacturers, fleet and leasing companies, and dealers) were down on a year-over-year basis in February.
Read More →Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size work vans.
Read More →NEW YORK – Super Truck, a red fire engine with the 100-foot-long extendable arm, was left behind by the Coast Guard a decade ago. It sat on Governors Island in New York Harbor, unwanted by the firefighters stationed there and unavailable to others who coveted it from afar
Read More →SCHAUMBURG, Ill. --- Car dealers are increasing their use of AutoCheck vehicle history reports with the AutoCheck Score to instill customer confidence and make better decisions on their own used-vehicle inventories, according to Experian Automotive.
Read More →UNITED STATES – That brand new Audi S5, Lotus Exige S, or Corvette Z06 could one day be collector items that you could auction off for a couple of hundred thousand dollars at the Barrett-Jackson Auction in Scottsdale.
Read More →IRVINE, CA – Kelley Blue Book (www.kbb.com) has launched InfoDriver, an expanded and redesigned data syndication solution providing third-parties access to 82 years of Kelley Blue Book data and information.
Read More →LAS VEGAS – The Conference of Automotive Remarketing reports a strong lineup of speakers for the upcoming conference, March 26-27 at Caesars Palace in Las Vegas.
Read More →While hybrids can reduce fleet fuel expense, the two other major fleet expenses — maintenance/repair and depreciation — must also be considered to determine if hybrids are the answer to reducing overall fleet costs.
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AGOURA HILLS, CA – First Choice Remarketing is pleased to announce that Keith Zaring has joined their team as Director of Business Development.
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CHICAGO - GE Remarketing held a special presentation honoring their top auctions at the National Auto Auction Association convention meeting in Chicago on Sept. 20th.
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