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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
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ATLANTA – Manheim Consulting released its Used Car Market Report (UCMR) for 2011. The report cites new vehicle purchases by commercial and government fleets as well as remarketing trends for both.
Read More →This comprehensive chart compares used-vehicles prices in different regions of the U.S.
Read More →GAINESVILLE, GA - Black Book reported overall car and truck segments continued to dip last week, with "buyers less willing to pay asking price."
Read More →GAINESVILLE, GA - For the first time since the week ending May 15, total truck segments were down, according to Black Book.
Read More →GAINESVILLE, GA - The last three months have exhibited a consistent trend in increased values for used cars, reported Black Book.
Read More →GAINSVILLE, GA - Lack of new-car inventory is one factor in the continued demand for "nice, late-model used inventory," Black Book reported.
Read More →GAINESVILLE, GA - All 10 car segments gained in value for the second time in the past three weeks, according to Black Book.
Read More →TROY, MI – SmartAuction, a wholesale remarketing Web site, reports it has achieved record sales of Avis Budget Group vehicles during the first quarter of 2009.
Read More →Wholesale used-vehicle prices during fourth quarter 2008 were the worst on record. Since then, wholesale prices rose significantly in January through March. The improvement in pricing in 1Q 2009 reflects better-than-expected retail sales of used vehicles. Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. However, consumer confidence and credit availability remain two wildcards to the market's ongoing vitality.
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