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For the first time since August 2014, average wholesale used vehicle prices fell on a year-over-year basis, according to ADESA.
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Through this multi-year agreement, those in the market for a used vehicle can access Avis Budget Group's inventory of well-maintained off-rental vehicles through Truecar.com.
Read More →In August, wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 0.7%, the fourth consecutive monthly decline, according to Manheim Consulting. ADESA also saw a decrease in wholesale used vehicle prices — down 0.4% compared to August 2013.
Read More →In his monthly commentary, Tom Kontos states that continued tight used vehicle supply should keep pricing solid in December and into the first few months of 2011.
Read More →ADESA Analytical Services and the Manheim Index both showed strong rental risk prices in September, but differed on results of overall wholesale used vehicle prices.
Read More →In April, wholesale used vehicle prices continued to increase for the fourth consecutive month. The Manheim Used Vehicle Index now stands at 124.9, an increase of 4.8% from a year ago.
Read More →Although wholesale prices in May dropped 1.5% from their April spring-market/tax-season peak, they still remain above year-ago levels — up 5.4% from May 2013, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.
Read More →After increasing for fourth consecutive months, wholesale used vehicle prices declined in May. But with the Manheim Used Vehicle Index at 124.7, this is still an increase of 4.7% from a year ago.
Read More →Wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 1% in July, which resulted in a Manheim Used Vehicle Value Index reading of 122.7 — an increase of 1.5% from a year ago.
Read More →Rental car companies large and small grapple with tight lending, lower demand and two supplier bankruptcies. Is the industry heading in the right direction?
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