2015 a Record Year for Used-Vehicle Market, Edmunds Reports
Automotive dealers sold 38.3 million used vehicles in 2015, the highest single-year total since 2007. And they did so despite the price of an average used car rising 4.6% to $18,600.
Automotive dealers sold 38.3 million used vehicles in 2015, the highest single-year total since 2007. And they did so despite the price of an average used car rising 4.6% to $18,600.
The NADA Used Car Guide's used-vehicle price index slipped 0.3% in January, with sales volume coming in 4% lower than the same period last year.
The automaker Factory Pre-Owned Collection portal is now live. The site, which will open up the automaker's remarketing channel to consumers, contains more than 30,000 used cars with less than 37,000 miles on the odometer.
Automotive Assurance Group has represented Warranty Solutions for over 13 years and achieved top agent status in various categories over the years. However, this is the first year it was named the top producing agent in the country.
General Motors' decision to open up its remarketing channel to consumers through an online car-buying portal may give dealers pause, but officials said the move is designed to help GM dealers compete with third-party sites that are disrupting the used-car market.
NADA Used Car Guide has replaced its NADA Online product with NADA Values Online, offering lenders and automotive dealers new features as well as a more streamlined experience.
F&I product provider GWC Warranty announced today that it has surpassed $375 million in claims paid to date.
To be an F&I professional, there are six things you need to stop (or start) doing, because whether you like it or not, you’re a role model.
KAR Auction Services’ security architecture program manager and enterprise security strategist, Noah Jaehnert, was honored by the International Information System Security Certification Consortium.
The vehicle-pricing firm reported today that the pace of depreciation in September remained relatively unchanged from August. It expects average depreciation to approach pre-recession levels by year-end.
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