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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.
Read More →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.
Read More →The downgrade of U.S. debt and the 400-point swings of the Dow Jones Industrial Average last week didn’t sit well with consumers, according to CNW’s preliminary data for August. The good news is automakers are responding by boosting incentive spending. But will it be enough?
Read More →Kbb.com anticipates the slowdown in new-car sales and leasing will impact used-car values for years to come, with current supply reductions expected to play a key role in the wholesale used-car market.
Read More →AutoTrader.com's July Trend Engine report indicated that shoppers continued to show interest in big trucks and SUVs while production shortages and continued short supply of quality used cars pushed asking prices higher across new, used and certified pre-owned vehicles.
Read More →NADA Used Car Guide expects average trade-in values for popular, fuel-efficient small cars (2006-2009 model years) to be 10 to 30 percent higher in August 2011 than they were at the beginning of the year.
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ALG’s Eric Lyman talks to the magazine about the potential pricing bubble looming over the used-vehicle market in this exclusive interview with F&I and Showroom magazine.
Read More →KBB has joined the National Independent Automotive Dealers Association (NIADA)’s National Member Benefit Program and will provide members with its suite of new- and used-car value solutions.
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The industry is facing another possible crisis, but nobody seems to be in panic mode just yet.
Read More →Kelley Blue Book is offering dealers and other industry service companies a free, no-obligation, 30-day trial of its newest valuation product Quick Values.
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