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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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Tri-State Auto Auction, Fargo has been named General Motors’ Auction of the Year for 2003, and Idaho Auto Auction was named the No. 3 GM auction in the U.S.
Read More →The FBI arrested 17 people on March 31 and charged them with rolling back the odometers on thousands of cars, then reselling the vehicles for more than they were worth, scamming car dealerships out of more than $7.5 million, according to a report from the Associated Press.
Read More →Indiana Auto Auction, Missouri Auto Auction, and Pennsylvania Auto Dealers Exchange (PADE) have teamed with Donlen Corp. and two other independent auctions to raise money for the One Step at a Time camp in Lake Geneva, Wis.
Read More →ADESA Canada announced the launch of the ADESA Canada Used-Vehicle Price Index, the first economic indicator to be developed specifically for the Canadian vehicle remarketing industry.
Read More →Manheim announced that Alex Kozlowski has been promoted to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md., and Chris O’Donnell has been promoted to assistant general manager of Butler Auto Auction in Cranberry Township, Pa.
Read More →The number of new-vehicle buyers who owe more on their trade than it is worth – the classic "upside-down" scenario – has increased substantially over the past three years, according to retail transaction data from the Power Information Network (PIN), LLC, an affiliate of J.D. Power and Associates.
Read More →Brasher’s Sacramento Auto Auction will host its 26th anniversary sale on March 30, providing an opportunity for auction customers to win several prizes, including a 2003 Mustang convertible.
Read More →A full schedule of Spring events is planned for March, April, and May at Flint Auto Auction, including a March Madness sale, held on March 17.
Read More →ServNet Auction Group has announced a trade program, the ServNet Racing Team Victory Lane, aimed at building loyalty and repeat business among the nation’s independent automobile retail dealers.
Read More →With additional marketing depth in the world of business-to-business media, Bobit Publishing is now known as Bobit Business Media, effective immediately.
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