Tagged Auction

Openlane: Auction Prices Up 4% Year over Year

In its February Market Index report, Openlane reports that car prices decreased in January but remained above January 2010 levels. Minivan prices and interest spike.

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Avis Budget Group and OPENLANE to Sell Vehicles Online to Canadian Dealers

The two companies have expanded their partnership to begin offering Avis Budget Group vehicles on OPENLANE's Canadian auction site.

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Tight Supply Keeps Wholesale Prices High

Consumers and dealers may be "pushing back" at the high price of used vehicles.

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OPENLANE Adds New Features to Online Auction Web Site

The enhancements to OPENLANE.com and the introduction of OPENLANE.ca include a complete redesign of each site's vehicle detail, search and bid/buy confirm pages.

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KAR Reports Record Online Sales Volumes

ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.

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Salvage Direct to Sell Vehicles for Avis Budget Group

The car rental company will sell its vehicles using Salvage Direct's auction platform, SalvageDirect.com.

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NAAA Advises to Check for Open Recalls Prior to Remarketing

Since auctions are unable to monitor the recall status of every vehicle for sale, the responsibility falls to auction buyers and remarketers.

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OPENLANE Provides Ford Dealer's Access to Wholesale Vehicles

Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.

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Allstate Partners with Auto Auction Company Copart

Copart will provide Allstate with vehicle auction services in the United States and in Ontario, Canada.

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How to Remarket Vehicles Using Online Auctions

Selling vehicles “upstream” while still on rent will reduce your days to sale and transportation costs, while exposing your fleet to a wider audience of buyers.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Which Hybrids Pay Back the Quickest?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

How Far Will Cell Phone Bans Go?

The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?

Righting a Wrong in Arizona

Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.

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