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The latest Kontos Kommentary looks at February wholesale pricing, which dropped by 2.8% compared to January.
Read More →According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, January pricing rose year-over-year as well as compared to December 2012. This rise is partly due to an influx of off-rental units that pushed average prices upward, says ADESA's Chief Economist Tom Kontos.
Read More →As Budget adds 2013 model-year vehicles to fleet, it said that 2012 model-year vehicles will be available for purchase via the company's Ultimate Test Drive program in Arizona, California, Colorado, Florida, Nevada and Texas.
Read More →The ‘Manheim en Español’ auction was designed to meet the needs of its growing Spanish-speaking dealer base and local community.
Read More →ADESA’s Chief Economist Tom Kontos reported in the latest Kontos Kommentary that average wholesale used vehicle prices demonstrated strong gains in December.
Read More →Kontos said that prices may have shown even more Thanksgiving holiday softening if it weren’t for the strong retail demand and somewhat diminished supply in the Northeast following Superstorm Sandy.
Read More →According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, in October wholesale prices averaged $9,742 — up 2% compared to September and down 1.4% relative to October 2011.
Read More →The franchise is scheduled to open in December.
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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
Read More →Wholesale values were off only 1.3% from the record reached in May 2011.
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