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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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Automobile Consumer Services, Inc. (ACS), an online direct-to-consumer auto lessor, released a list of the top 10 most requested used vehicles from its auto leasing website www.LeaseCompare.com for the second quarter of 2003.
Read More →Toyota Financial Services announced on July 21 a new program that allows Toyota and Lexus dealers to buy off-lease vehicles online three to five days after the vehicles are turned in by lessees.
Read More →ADESA Mexico announced that Michel Gillies is its new general manager. ADESA Mexico is one of 54 wholesale vehicle remarketing auctions owned by Indianapolis-based ADESA Corp., an ALLETE company.
Read More →Saab Cars USA reported a record month for Certified Pre-Owned vehicles. Consumers purchased 997 pre-owned Saabs, a 165 percent increase over July 2002. This represents 23 percent of total monthly volume, a figure in-line with other entry luxury group CPO programs. Year-to-date Saab CPO sales are up 138 percent to 5,133 vehicles.
Read More →Donald V. Esmond, senior vice president and general manger of Toyota Division, will be the keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23, 2004 at the Mandalay Bay in Las Vegas. Esmond will speak on Tuesday, Jan. 22 on “Positioning Residuals, Certified Programs, and Direct-to-Dealer UC Sales.”
Read More →Kevin Freudenberg was hired as director of paint operations for Dent Wizard International.
Read More →Chattanooga Auto Auction posted a record for Honda Financial Services, recording the largest number of bids by and the largest numbers of cars sold to Internet buyers at its June 10th Online Ringman sale.
Read More →Volkswagen of America, Inc., and Audi of America, Inc. have announced new and improved branded extended service contracts, pre-paid maintenance programs, and GAP debt waiver and insurance policies for customers.
Read More →AutoTrader.com, the world’s largest automotive marketplace, and WorldNow, a leading provider of Internet technology, revenue, and content solutions for local broadcasters, announced that they have partnered AutoTrader.com content with the WorldNow network of television Web sites.
Read More →ADESA Kansas City announced today that Rob Reed is its new fleet/lease manager. Reed, the former national account manager at ADESA Dallas, will be responsible for building and maintaining relationships with ADESA Kansas City’s fleet, lease, and captive finance customers.
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