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Canadian Online Vehicle Wholesaler for Dealers Names New President
Wholesale Vehicles Prices Stabilize but Remain High

Wholesale Vehicles Prices Stabilize but Remain High

Combined sales into large rental, commercial, and government buyers were down 36% year over year in January. Sales into rental declined 61% YOY, sales into commercial increased 4% YOY, and sales into government declined 23%.

February 7, 2022

Wholesale Prices Rise Again In First Half of January 2022
Digital Sales Take Off for Manheim Express in 2021
As January Comes to a Close, Depreciation Remains Low
Online Auction Sales Marched Higher in 2018

Online Auction Sales Marched Higher in 2018

Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.

January 30, 2019

Wholesale Vehicle Prices Soften in November

Wholesale Vehicle Prices Soften in November

Overall average wholesale prices softened in November from a year ago mostly due to 2017 prices that were elevated due to increased demand from hurricanes Harvey and Irma, even though values of former fleet vehicles increased, according to Tom Kontos, KAR Auction Services' chief economist.

December 14, 2018

'Typical' Annual Depreciation Reaches 12%: Black Book
Used Fleet Vehicle Prices Fell 2% in October

Used Fleet Vehicle Prices Fell 2% in October

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

November 30, 2018

Wholesale Used Values See Small Bump in September: Manheim
Used Fleet Vehicle Prices Rise Incrementally

Used Fleet Vehicle Prices Rise Incrementally

Wholesale vehicle prices for former fleet vehicles at auction increased 0.8% in May from April and have increased 6.8% from a year ago in a "seasonally strong" market, according to Tom Kontos, KAR Auction Services' chief economist.

July 2, 2018

Wholesale Prices Down in May, Auction Volume Growing

Wholesale Prices Down in May, Auction Volume Growing

Wholesale prices for used vehicles up to 8 years old fell 1.7% month-over-month in May, a level that’s typical for this time of year, according to J.D. Power’s June Used Car and Light Truck Guidelines. Auction volume up 12% month-over-month, 2.6% year-over-year.

June 20, 2018

Full-Size Vans Holding Resale Value

Full-Size Vans Holding Resale Value

Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.

April 3, 2018

Used Cars Continue to Thrive at Auctions

Used Cars Continue to Thrive at Auctions

For the sixth week in a row, the car segment has realized lower depreciation than the truck segment, according to Black Book’s March 12 Market Insights report.

March 13, 2018

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