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TAG SEARCH RESULT: used-vehicle values

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June 8, 2016 - Industry News

Wholesale Prices Rise Again in May, Manheim Reports

Wholesale used-vehicle prices increased again in May, suggesting dealers have continued to achieve efficiency gains that allow them to bid-up auction prices even as gross margins narrow, according to Manheim’s Used Vehicle Value Index.

Tags: Manheim, Manheim Used Vehicle Report, used-vehicle values, Wholesale Pricing

May 26, 2016 - Industry News

DRIVIN Raises $7.5 Million in Additional Funding

The company that aims to change the way dealers sell, source, acquire, and deliver used cars announced it has raised an additional $7.5 million in equity capital. Launched in mid-2015, the Chicago-based startup has now raised $17.5 million in funding.

Tags: Auto Auctions, DRIVIN, inventory, used-vehicle sales, used-vehicle values

May 17, 2016 - Industry News

Black Book Releases Residual Forecast on Three-Year-Old Vehicles

The forecast shows that residuals on an average three-year-old vehicle will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019. Increased used supply in the marketplace is the main culprit of slipping retention rates this year, the firm said.

Tags: Black Book, residual values, used-vehicle values

April 7, 2016 - Industry News

Used-Vehicle Pricing Continues to Ease

Wholesale prices fell for the third straight time in March, but Cox Automotive’s Tom Webb said the softening is no cause for alarm.

Tags: Manheim, Manheim Used Vehicle Report, Tom Webb, used-vehicle values

November 19, 2015 - Industry News

NADA Says New-Vehicle Sales to Reach 17.7 Million in 2016

In a joint press conference preceding the Los Angeles Auto Show, representatives from the NADA and J.D. Power spoke on the current state of auto retailing and delivered their 2016 new- and used-vehicle sales predictions.

Tags: Diesel Powered, Jonathan Banks, NADA, new-vehicle sales, Steven Szakaly, Used Car Guide, used-vehicle values, Volkswagen

October 13, 2015 - Industry News

Kelley Blue Book Adds Self-Service Portal for Mass Vehicle Valuations

Kelley Blue Book now offers its customers a new self-service interface for easy access to new- and used-car Kelley Blue Book Values and configuration data by VIN.

Tags: Kelley Blue Book, new-vehicle values, used-vehicle values, VIN

August 20, 2015 - Industry News

Used-Car Prices Hit Record High in Second Quarter, Edmunds Reports

Shoppers were increasingly drawn to “near-new” used vehicles with higher price tags in the second quarter, with the average price of a used car increasing 8% from last year, according to Edmunds.

Tags: Auto Loan Terms, certified pre-owned vehicles, CPO, Edmunds, Edmunds.com, prices, used car sales, used-vehicle values

July 15, 2015 - Industry News

Depreciation Slows in June, NADA Used Car Guide Reports

Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, the firm reported this week, with prices for vehicles up to eight years in age falling 2.5% on a monthly basis in June.

Tags: J.D. Power and Associates, NADA Used Car Guide, used vehicles, used-vehicle values, vehicle depreciation

February 3, 2015 - Industry News

Black Book: Vehicle Depreciation to Rise in 2015

Vehicle depreciation is expected to increase in 2015 as a larger used-car supply and off-lease volumes place pressure on retention rates, according to a report from Black Book and Fitch Ratings.

Tags: Black Book, Fitch Ratings, Report, used-vehicle values, vehicle depreciation

January 8, 2015 - Industry News

Manheim: Year-End Used-Car Values Stay Strong

Used-vehicle values rose nearly 2% in the fourth quarter of 2014, thanks to a stronger job market and more attractive financing.

Tags: Fourth Quarter, Manheim, used-vehicle values

January 7, 2015 - Industry News

Used-Vehicle Prices Remain Resilient in 2014

Stronger pricing activity and fuel price trends highlighted a better-than-expected 2014 for used-vehicle prices, which outperformed 2013 levels and beat Black Book’s initial expectation.

Tags: Black Book, used-vehicle values

October 7, 2014 - Industry News

Decline in Wholesale Prices Keep Retail Markets on Track, Manheim Reports

Manheim says the more than 2% decline in wholesale prices 'appears to be part of a healthy overall market.' It allows dealers to turn inventory more quickly, officials say.

Tags: Manheim, used-vehicle values, Wholesale Pricing

July 8, 2014 - Industry News

Attractive Financing Boosts Q2 Used-Vehicle Values, Manheim Reports

Strong consumer demand and attractive financing drove up both volume and values for used cars during the second quarter, Manheim reports.

Tags: certified pre-owned vehicles, Manheim, recession, used-vehicle values

March 13, 2014 - Industry News

Used-Vehicle Prices Rise in February

Thanks to improving weather during the second half of February, used-vehicle prices edge up 2.2%, the NADA Used Car Guide reported this week. The firm expects prices to continue rising in March.

Tags: February, NADA Used Car Guide, used vehicles, used-vehicle values, Wholesale Pricing

January 9, 2014 - Industry News

Manheim: Q4 Wholesale Used-Vehicle Prices Decline Slightly

Used-vehicle prices in the United States declined slightly in the fourth quarter 2013, but they remained at historically high levels as consumer demand stayed strong, Manheim reports.

Tags: Manheim, Tom Webb, used-vehicle values, Wholesale Pricing

September 12, 2013 - Industry News

Used-Vehicle Prices Remain Steady Through August

The same factors behind the surge in new-vehicle sales are having the same effect in the used-vehicle market, the NADA Used Car Guide reports.

Tags: car prices, Hurricane Sandy, NADA, NADA Used Car Guide, used-vehicle values

July 9, 2013 - Industry News

Improving Employment Fueling Return to Normal for Used-Vehicle Market

Wholesale prices continued to return to normal levels in the first half, which Manheim attributed to an improving employment picture and rising new-vehicle sales.

Tags: Manheim, Tom Webb, used-vehicle sales, used-vehicle values

July 2, 2013 - Industry News

June Used-Vehicle Sales Up, Transactions Prices Down, CNW Reports

Franchised dealers are expected to realize a 3.35 percent increase in used-vehicle sales, while independents should be up 3.82 percent, CNW said today.

Tags: CNW Research, used-vehicle financing, used-vehicle sales, used-vehicle values

June 13, 2013 - Industry News

Wholesale Prices Continued to Fall in May, Kontos Reports

The year-over-year drops in wholesale prices in February, March and April continued in May, with wholesale prices dropping 2.8 percent vs. April and 4.5 percent from a year ago.

Tags: Autodata, CNW Research, Superstorm Sandy, Tom Kontos, used-vehicle values

June 13, 2013 - Industry News

NADA: Used-Vehicle Prices Drop, But Remain at Elevated Levels

Rising supply and steady demand is keeping used-vehicle price fluctuations under control, Edmunds.com finds.

Tags: automobile, Guidelines, Jonathan Banks, NADA, NADA Used Car Guide, prices, used-vehicle values

June 4, 2013 - Industry News

May Transaction Prices for Used Vehicles Drop 5.2 percent, CNW Reports

Used-car buyers are leaving their markets in greater numbers to locate the vehicles they want and at the right price. In May, CNW spotted a 32.6 percent increase in the number of used vehicles acquired outside of the buyer’s DMS.

Tags: CNW Research, used-vehicle financing, used-vehicle sales, used-vehicle values

March 28, 2013 - Industry News

Transaction Prices Up for Used, Wholesale Prices Down, CNW Reports

Used-vehicle prices saw a bit of daylight in the opening weeks of March, with CNW Research reporting a month-over-month increase in transaction prices. Wholesale prices, reports ADESA, are softening.

Tags: ADESA Analytical Services, CNW Research, used-vehicle values

August 28, 2012 - Industry News

HookLogic, PureCars Team Up on Online Trade-In Appraisal Tool

The new tool is designed to allow car shoppers to get an online appraisal of their trade-in, then offers incentives to to bring their vehicle to the dealership for a full appraisal.

Tags: HookLogic, inventory management, PureCars, Trade-In Appraisal, used-vehicle sales, used-vehicle values

August 7, 2012 - Industry News

4 Millionth Vehicle Sold on SmartAuction

Reaching the milestone means Ally’s online used-vehicle auction has sold approximately 1,200 vehicles every selling day for the last 12 years.

Tags: Ally Financial, SmartAuction, used-vehicle values, Wholesale Pricing

April 24, 2012 - Industry News

Overpaying for Used, Fuel-Efficient Models a Possibility, KBB Warns

KBB says rising used-car values continue to fuel the rise in new-vehicle sales, but warns that dealers could be overpaying for fuel-efficient, used models in the months ahead.

Tags: fuel-efficient vehicles, KBB.com, used-vehicle values