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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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Cox Automotive is forecasting a strong year for CPO at three million units, an increase year over year and above the record set in 2019.
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The new digital tool paves the way to AI-enhanced condition reports with automated damage detection.
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Combined sales into large rental, commercial, and government buyers were down 30% year over year in February.
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A closing session at the Conference of Automotive Remarketing aims to steer the industry agenda ahead.
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The Conference of Automotive Remarketing will bring together some leading executives on stage to take on the full gamut of changes and innovations sweeping the marketplace.
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Executive director Chris Angelicchio brings the benefits of lifelong experience and family ties with independent auctions.
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The consulting company will help the six-decade, North Carolina-based auction operation reach more buyers and sellers while offering improved services to new and used car dealers and commercial accounts.
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Combined sales into large rental, commercial, and government buyers were down 30% year over year in February. Sales into rental were down 52% YOY.
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The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
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The four senior vice presidents take on key roles within a much larger company since AAA was acquired by XLerate Group in December 2021.
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