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Wholesale Used-Vehicle Values Fall as Cox Automotive Cuts 2026 Forecast
Wholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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SEARCHMENUSEARCHWholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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Since auctions are unable to monitor the recall status of every vehicle for sale, the responsibility falls to auction buyers and remarketers.
Read More →Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
Read More →Window stickers claimed the cars had side airbags.
Read More →Copart will provide Allstate with vehicle auction services in the United States and in Ontario, Canada.
Read More →In response to the recently recalled 2010 Toyota Prius, Kelley Blue Book has announced that the transaction price of the new Prius will drop by $1,000 to $1,500 on Feb. 12.
Read More →In response to the slowing demand for Toyota models in the marketplace, Kelley Blue Book has decreased the used-car values of recalled Toyotas for the second time by 1 to 3 percent.
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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.
Read More →The decline in values this month reflect “better than normal December activity and value movement” and a more stable market, says Ricky Beggs, managing editor of Black Book.
Read More →The new-vehicle retail market is expected to grow in 2010, with trade-in volume at dealerships improving, but the used-car retail market is expected to remain flat this year.
Read More →"Dealers as well as remarketers can view the strength of new- and used-vehicle sales in December as a good precursor to retail demand during the tax season," said Adesa's Tom Kontos in his latest Kommentary.
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