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January 3, 2012

Used-Vehicle Sales Up 5.2 Percent in 2011, Reports CNW

Total used sales for December were up almost 12 percent, while sales for the year were up 5.2 percent, CNW Research reported today.

December 8, 2011

Bank of America, DataScan Launch Used-Car Buying Website

Bank of America and DataScan Field Services have launched a new Website that will provide used-car buyers with everything they’ll need to complete a vehicle purchase online.

December 8, 2011

Mota Motors Launches CPO Marketing Program

Mota Motors, which offers online selling platforms for dealers, has launched a new certified pre-owned marketing program designed to improve inventory turn and gross profit margins.

November 29, 2011

KBB Sees Used-Vehicle Values Rising Early Next Year

Expecting used-vehicle values to jump 4 to 6 percent early next year, Kelly Blue Book is encouraging used-vehicle shoppers to pull the trigger before the end of the year.

November 8, 2011

Wholesale Used Prices Softened in October, Kontos Reports

Wholesale used-vehicle prices continued to soften through October in all three of the traditional auction industry seller segments (factory, fleet/lease and dealer consignment), according to ADESA Auction’s Tom Kontos.

November 3, 2011

VAuto Announces Partnership With Auction Pipeline

vAuto announced that its customers can now source used vehicles available at Auction Pipeline auctions. They also have the ability to access run lists from within vAuto’s proprietary stocking module.

November 1, 2011

Hyundai Leads CPO Consumer Interest on AutoTrader.com

AutoTrader.com announced that Hyundai captured five of the top 20 spots for certified pre-owned "Big Movers" on the Website in September.

October 18, 2011

Used Prices to Drive New-Car Sales in Fourth Quarter, NADA Used Car Guide Predicts

Above-average trade-in values could push car buyers into the new-vehicle market, predicts the NADA Used Car Guide. Japanese makes looking to recapture market share after the March 11 earthquake should also provide a boost through increased incentive spending.

October 4, 2011

Used Pricing Outpacing New Pricing on Some 2011 Models, NADAGuides Reports

An emerging trend shows that more than 100 used 2011 models on the market have a retail value that surpasses their current MSRP price, according to NADAguides.

September 1, 2011

Gas Prices Drive Price Surge for Smaller Used Vehicles, Edmunds.com Reports

Data analyzed by Edmunds.com revealed that consumers paid about 10 percent more for three-year-old, used compact cars in July than in January, with prices for this segment increasing 1.6 percent over the same period in 2010.