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Wholesale Values Continue Slow Decline

Wholesale Values Continue Slow Decline

Volume-weighted, overall car and truck segments both showed signs of slowing with the overall market decreasing by 0.15% this past week, compared to a 0.14% decrease the prior week.

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Rental Agencies Offer Most Savings When Buying a Car

On average, rental car dealers provide the biggest savings, with cars priced 1.6% or $303 below...

iSeeCars.com analyzed over 8.5 million used car sales across the three dealer types and found that rental car dealers consistently provide the greatest savings, while local dealerships are priced close to market value and virtual dealerships are priced above market value.

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Wholesale Prices Continue Record Highs in August

Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.

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Wholesale Prices Hit Record High in July

Wholesale Prices Hit Record High in July

Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.

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Wholesale Values Start Strong in July

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased...

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.4% comparing the first 15 days of July to the month of June, according to data published by Manheim.

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Wholesale Prices Reach Record High

Improvements in the Manheim Market Report  were seen over the four full weeks of June, resulting...

Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

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Car Sales Return Quickly in Wuhan

Car Sales Return Quickly in Wuhan

In the city that was the epicenter for the coronavirus pandemic, auto sales are expected to rebound to year-over-year parity by the end of April, the Reuters report states.

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Auto Focus

Chris Brown, executive editor of Business Fleet, Auto Rental News, and Fleet Forward, offers his...

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