
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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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Ravin AI offers artificial intelligence solutions for vehicle inspections for diverse fleet, insurance and remarketing customers around the world.
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Wholesale used-vehicle prices increased 3.74% in the first 15 days of March compared to the previous month.
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A yearlong rollout of enhancements will further align and improve processes across Manheim’s extensive digital and physical network to meet the needs of clients.
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Jordan Clark has worked in the industry since 2011, moving up quickly and taking on many roles along the way.
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Wholesale used vehicle prices jumped 3.79% month-over-month in February, led by a major increase near the month's end.
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KAR Auction Services has announced that Peter Kelly will assume the role of CEO of the company effective April 1, 2021.
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ADESA has launched a new vehicle return guarantee service in Canada for available ADESA and TradeRev dealers utilizing its wholesale digital marketplace.
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The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
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Ron Breslow, long-time COO for FLD Remarketing, has retired after spending more than four decades with the company that he helped build.
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Wholesale prices continued their decline last week through the month of January, though declines in the overall market are at a 0.21% decline, higher than historical 0.44% drops.
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