
Manheim Index Shows Used-Vehicle Wholesale Prices Up 2.1% in June
The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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Fleet share of total sales was 15% in March 2022, up nearly 2% from the March 2021 fleet share, but the number of vehicle sales remained down 11% year over year.
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Keely Smith builds on 20 years of experience handling billing, compliance, and agreements as well as her involvement with the International Automotive Remarketers Alliance.
Read More →CAR 2022: Leading career accomplishments define the winners of this year’s Ed Bobit Industry Icon Award, Remarketer of the Year, and Consignor of the Year.
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The Conference of Automotive Remarketing provided the ideal marketplace for industry businesses and attendees to see the latest in services and innovations for consignors and auctions.
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Three months after acquiring America's Auto Auction, XLerate Group is promoting, moving, and hiring leaders throughout the partnered companies.
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The three general managers have proven records of success and experience in their regions that include Virginia, North Carolina, and New England.
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The collaboration will harness artificial intelligence to create accurate and consistent vehicle assessments as part of Black Widow's imaging system.
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The average listing price dipped again to $27,608, still off the December peak when it surpassed $28,000. But the average listing price was 28% above that of February 2021.
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All major market segments saw seasonally adjusted prices that were higher year over year in the first half of March.
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Seasonally adjusted rates point to an inventory mix with more newer vehicles, which means fewer affordable options.
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