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Not every dent, scratch, or mechanical issue is worth fixing before selling a fleet vehicle. Learn how to weigh repair costs, resale value, market demand, and downtime to determine when reconditioning pays off and when selling as-is makes more sense.
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Chrysler Group reported year-to-date 2004 sales of Certified Pre-Owned Vehicles (CPOV) at 50,084 units, an increase of 13 percent compared to the same period in 2003 when 44,458 vehicles were sold.
Read More →After four years of decline due to higher prices for used vehicles, auto leasing is back on the rise and has accounted for nearly 14 percent of new-vehicle sales by Detroit automakers in the second quarter, up from about 8 percent last year, according to a recent L.A. Times article.
Read More →ADESA Corp. has named Jason Ferreri to the position of executive director, national accounts.
Read More →ADP Claims Services Group has expanded Autosource, a database of “for sale” vehicle valuation information, to include salvage check and state title information, powered by Experian Automotive’s AutoCheck.
Read More →National Auto Research, publisher of Black Book’s vehicle appraisal guides, and Credit Union National Association (CUNA) are expanding the relationship they began in January 2000.
Read More →AmeriCredit Corp. has recognized Tennessee Auto Auction and Portland Auto Auction as second-quarter winners of the Auction of Excellence award for the Southeast and West Coast regions, respectively.
Read More →The ServNet Auction Group has announced that Fadi Hashem, a customer of Brasher’s Cascade Auto Auction, is the winner of the third qualifying heat in the ServNet Racing Team Victory Lane promotion.
Read More →On July 22 at the Fairmont Hotel in Chicago, Dick Dennis & JoAnn Foster led the International Automotive Remarketers Alliance (IARA) endorsing an Industry Standard Vehicle Grading Scale Roundtable event that discussed whether an IARA endorsement on a standard scale is possible to help the industry standardize.
Read More →Auction Broadcasting Company (ABC) Washington/Dulles has announced the following new officials:
Read More →Memphis Auto Auction in Memphis has retained TPC Management Company for strategic consulting in national fleet/lease account business development.
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