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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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The emergence of online resale guides has prompted some fleet managers to use them as industry benchmarks to measure resale performance. Other fleet managers are now using online sales guides to price employee sales vehicles
Read More →Offered online through Northwood University, IARA online remarketing education modules offer the opportunity for fleet managers, both seasoned veterans and rookies, to learn more about remarketing on their own time.
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An estimated 250,000 to 1.2 million vehicles were damaged or destroyed by Hurricane Katrina. There were approximately 20,000 commercial fleet vehicles in the Gulf Coast at the time of the Hurricane with as many as 2,000 units destroyed or damaged.
Read More →Amid the heat and humidity of a southern summer, remarketing conference attendees discussed vehicle values and technology’s impact on selling and heard from industry leaders on benchmarking and auction best practices.
Read More →Eight eBay sellers were ordered to pay nearly $90,000 in restitution and fines after admitting they bid up products online to inflate the prices, according to an Associated Press report.
Read More →Manheim will host a unique Ford Factory sale Nov. 11 at Lauderdale-Miami Auto Auction (LMAA) with inventory of special interest to taxi and livery companies.
Read More →December 31 is the deadline for taxpayers to write off the fair market value of a vehicle donated to charity. Under new legislation effective January 1, taxpayers must use the vehicle’s actually sale price from wholesale auction in deductions for charitable vehicle donations.
Read More →Dealix Corporation, an automotive Internet marketing service announced that Dealix's InvoiceDealers new car buying service will have featured placement on the Kelley Blue Book website.
Read More →GM and Ford throttled back incentives on new cars and trucks slightly Nov. 2 after steep discounts in September and October helped the automakers pare down inventories of remaining 2004 models, according to an article in the Detroit News newspaper.
Read More →DriveTime, a chain of used-car dealerships catering to consumers with credit problems, plans to expand to 100 locations by the end of 2006, according to the Arizona Republic newspaper.
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