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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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The vehicle scans will check vehicle exteriors, undercarriage components and tires to quickly produce online user-friendly reports that include high-resolution photos.
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CAR 2023: Find out about the most pressing regulatory and political issues facing consignors and auctions and what current events the remarketing industry should be following.
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The new digital integration expands and simplifies access to used vehicles for buyers and sellers.
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Auto finance companies and remarketers should prepare to navigate a more active regulatory environment this year from the CFPB and FTC.
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The used-vehicle market faces a challenging year ahead as demand weakens and supply of nearly new vehicles is particularly constrained.
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The financial risks and setbacks are piling up for the online used car retailer that gobbled up ADESA auctions last year in a deal wracked with massive debt.
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While this is the EV decade, the market is a long way from becoming one centered on electric vehicles.
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94% of surveyed business leaders view AI as critical to their success over the next five years, and that’s particularly true for auto remarketing.
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Average transaction prices (ATP) have been above the average manufacturer’s suggested retail price (MSRP) for more than a year.
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After volatile highs and lows during the last three years, the market should hit equilibrium in the second half of 2023.
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