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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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Affordability remains worse than a year ago when prices were lower, incentives were higher and CARES Act payments boosted incomes.
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The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
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Mark Ford caps a 33-year successful career while Chad Spearman and Danielle Sweet move up to auction manager posts.
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Attendees to the Conference of Automotive Remarketing will learn how they can gain more professional expertise and knowledge.
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The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
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On a year-over-year basis, all major market segments saw seasonally adjusted price increases in April.
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Velocicast technology fortifies simulcast capabilities and enhances customer experience.
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Vehicle Transport simplifies complex logistics management, enables time and cost efficiency, and reduces risk automakers, dealers and fleets.
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Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
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Figures remain down 16% from year-ago level.
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