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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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In a year when incentives kept new-car sales high and prices low, used-car sales more than held its own, with a record 43.6 million vehicles retailed in 2003 at a value of $370 billion, according to Manheim's 2004 Used Car Market Report.
Read More →Brasher’s Sacramento Auto Auction has posted over $760,000 in Internet sales for Hertz since mid-2003.
Read More →Manheim enters 2004 with a growing suite of technology services that are allowing its customers to gain real-time insight into market conditions and buy or sell vehicles at every stage of the remarketing cycle.
Read More →Cars.com and Kelley Blue Book have announced the beginning of a partnership first revealed in 2003, under which cars.com will exclusively power Kelley Blue Book's "Blue Book Classifieds" and "Sell Your Car" channels on kbb.com, reported AutoRemarketing.com.
Read More →In 2003, Simulcast’s first full year in operation, more than 21,000 unique dealers attended Manheim sales via Simulcast an average of 5-6 times and recorded more than 307,000 online bids.
Read More →More than 100 remarketers attended the three International Automotive Remarketing Alliance (IARA) Roundtable sessions held at the Mandalay Bay Hotel in Las Vegas on Jan. 21, 2004.
Read More →Copart has opened a new salvage facility in Helena, Montana. With the addition of this 22-acre location Copart now has 105 locations in the United States and Canada.
Read More →In 2003, its first full year in operation, more than 21,000 unique dealers attended Manheim sales via Simulcast an average of 5-6 times and recorded more than 307,000 online bids.
Read More →eBay bought one of the largest online used-car markets in Germany for 121 million euros (USD151.25 million) on January 26. The deal must be approved by German regulators and is expected to close some time in the second quarter.
Read More →Vehicle Title LLC announced that its flagship product, TitleGuard Vehicle Title Insurance, has been selected by Warrantech Corporation to provide insured vehicle title history information as an added consumer benefit for its new Independence Used Vehicle Service Contract program.
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