MENU
SEARCHMENUSEARCH
An excessive supply of used vehicles hitting dealer lots is expected to drive prices down and cause a chain reaction that could raise monthly payments and lower trade-in values.
Read More →
Ohio Attorney General Mike DeWine announced five lawsuits against used car dealerships last week. Like most of the suits recently filed in the state, DeWine says the issue is ‘bad apple’ used car dealers not delivering titles.
Read More →A used-car dealer is suing state police and Tri-Star Motors for falsely implicating him on theft charges. He was accused of conspiring with a Tri-Star used-car manager to undervalue trade-in vehicles so he could buy them at lower prices.
Read More →Strong retail demand continued to buoy wholesale used-vehicle prices in November, as average prices rose on both a month-over-month and year-over-year basis.
Read More →Attorney General Dustin McDaniel of Arkansas is suing a used-car dealer for allegedly failing to provide clear titles to customers.
Read More →New-vehicle cash incentives reduce the price of used vehicles significantly more than finance and lease incentives, the NADA finds.
Read More →The dealership will pay more than $86,000 to customers who were charged a bogus administrative fee when purchasing a used vehicle, in addition to $50,000 in penalties to the state.
Read More →Depreciation for used vehicles up to eight years old slowed to 1.1 percent in June, substantially less than what has been recorded for the month historically.
Read More →In its monthly report, ADESA Analytical Services found that wholesale used-car prices are declining once again after an uptick following Hurricane Sandy. The decline originally began this past spring.
Read More →Used-vehicle pricing is following seasonal patterns and could drop another 3 to 3.5 percent next month behind rising incentive spending and dealers prepping for new arrivals, the NADA reports.
Read More →