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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.
Read More →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.
Read More →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.
Read More →Rising supply and steady demand is keeping used-vehicle price fluctuations under control, Edmunds.com finds.
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →Reaching the milestone means Ally’s online used-vehicle auction has sold approximately 1,200 vehicles every selling day for the last 12 years.
Read More →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.
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