Wholesale Pricing - Tagged Posts - F&I and Showroom

Kontos: Wholesale Prices Rise in December

According to ADESA’s Tom Kontos, wholesale used-vehicle prices rose by 3.1 percent in December vs. November.

Kontos: Wholesale Prices Resume Decline After Sandy-Induced Spike

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.

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.

Wholesale Prices Improve Again in April

AuctionNet wholesale prices improved again in April, a result that was in line with the National Automobile Dealers Association’s prediction that used prices would peak during the middle of the month.

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.

GE Capital Fleet Services, Carfax Expand Relationship

GE Capital Fleet Services announced it has expanded its relationship with Carfax to offer the wholesale market more vehicle history information about GE Capital Fleet Services’ units.

Carfax: Friend or Foe?

Dealers aren’t happy about Carfax jumping into the pricing game, but market insiders say the company’s new tool isn’t what’s hurting margins.

Seasonality Results in Higher Losses for Prime Auto ABS

Seasonal weakness drove U.S. prime auto loan ABS losses slightly higher in January versus prior months, according to Fitch Ratings.

Smaller Used-Vehicle Supply Boosts Wholesale Prices in 2009

About 8 million fewer used cars and trucks entered the U.S. market over the past two years, resulting in higher used-vehicle prices every month in 2009, according to the latest AuctionNet data of wholesale transaction prices.