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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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DETROIT – Mark Mathews will replace Jeffrey S. Heichel as director of GM's used-vehicle activities. Mathews came from GM Holding and has a finance background.
Read More →GAINESVILLE, GA – Finance Express' has added Black Book to its FEX inventory management solution. FEX fully integrates regional, national, and local lenders into the dealer management system with accounting, collections, buy-here-pay-here, and inventory management capabilities.
Read More →FREDERICK, MD – The 10th annual auction industry survey released by the National Auto Auction Association, Inc. (NAAA) pegs sales of used vehicles at NAAA member auctions at 9.5 million units valued at $86.9 billion.
Read More →CARMEL, IN – A slowing economy and weak retail demand combined late last year to cause a year-over-year decline in wholesale vehicle prices in the last two months of 2006.
Read More →DETROIT – General Motors will provide a fully transferable five-year/100,000-mile powertrain limited warranty, with no deductible, on all 2002-2006 GM Certified Used Vehicles. The new warranty is effective from the vehicle's original in-service date.
Read More →AUBURN HILLS, MI – DaimlerChrysler Remarketing has named Greensboro Auto Auction in Greensboro, N.C., as Auction of the Year. This is the third time in the past five years that Greensboro Auto Auction has been selected by DaimlerChrysler Remarketing as its top- performing auction.
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Before out-of-service vehicles are remarketed, they must be inspected so potential customers know exactly what they are getting. Professional vehicle inspection companies do the job quickly, easily, and accurately.
Read More →GREENSBORO, N.C. – Used-vehicle sales data is now available on the NAFA Foundation, Inc. Web site at www.nafafoundation.org.
Read More →ELIZABETH, CO – FLEETS USA has contracted with FiveHole Design and BitRelay to design its new corporate Web site and client interface portal, according to Don Taylor, president and founder of FLEETS USA.
Read More →TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas.
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