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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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A cyber breach at a widely used dealer management system heavily affected the automotive industry, slowing sales and reporting in the second half of June.
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As digital retailing and electric vehicles evolve, demand increases for reconditioning centers with qualified technicians.
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A mid-month measure shows a slight increase in prices in June but continued lower price levels compared to 2023.
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An iconic country band will perform next month during the annual fundraiser at Dealers Auto Auction of Idaho.
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The CDK outage at dealerships has disrupted sales reporting amid a monthly decline.
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The summer event channels fleet vehicle consignors into one place where they can connect with auctions, dealers, lenders and finance companies, industry suppliers, and auto remarketers of every type.
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Monthly YOY and year-to-date sales point to a commercial fleet sector moving more vehicles into remarketing channels during the last six-plus months.
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The arrangement accesses cloud-based software designed to help financial institutions keep track of their vehicle and asset collections and limit repetitive clunky tasks.
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Sales conversion is running several points above the previous three years, including 2021, indicating that buyer demand is relatively strong despite all the uncertainty in the market.
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The vehicle reconditioning executive worked in the automotive auction industry for more than 50 years and was the founder of CARS Recon, Inc.
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