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According to Rate-Highway and The Tennant Group’s 50-City Survey, the average overall rates in March were down $3.36 from a year ago. Washington Dulles International Airport had the highest rate at $90.07 while San Diego International Airport marked the highest rate at $32.27.
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Average wholesale used vehicle prices were up 1.1% month-over-month in November — largely driven by truck prices as in previous months, according to ADESA.
Read More →Average wholesale used vehicle prices rose significantly in January on both a month-over-month and year-over-year basis — up 3.6% compared to December and up 2.4% relative to January 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices.
Read More →The service from Enterprise Rent-A-Car generated $575 million in loan volume to more than 31,000 credit union members during 2016 — a 15% increase in loan volume compared to the previous year.
Read More →According to ADESA, November’s wholesale prices are up partly due to a shift in the mix of vehicles being sold — younger off-rental and off-lease units as opposed to older dealer consigned vehicles.
Read More →Although wholesale used vehicle prices were down from January, the prices were up 0.9% on a year-over-year basis, according to ADESA. Continued wholesale supply growth was coupled with weaker retail demand.
Read More →Manheim Auctions has released the "2001 Used Car Market Report," declaring that strong vehicle quality, a surge in immigration and household formation, and a highly efficient remarketing system...
Read More →With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
Read More →Nine U.S. automotive auction houses have been named as Enterprise Holdings’ annual Auction Achievement Award winners for 2014.
Read More →In November’s 50-city survey, rate quotes for the top 50 airports were down $3.55, the largest one-month drop since the 50-city survey started in May 2013. The Northeast had the highest average quote at $48.45.
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