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Average auction prices for rental risk units moved up in November compared to last month, but prices are still down year-over-year, according to the Manheim Used Vehicle Value Index. For the first time ever, rental risk units crossed the 45,000-mile threshold.
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Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis mainly due to the price strength of trucks, according to ADESA.
Read More →According to ADESA Analytical Service’s September analysis, wholesale used vehicle prices softened again for the fifth consecutive month. Prices in September averaged $9,557, down 0.4% from last month.
Read More →For the third month in a row, average wholesale used vehicle prices fell significantly on a month-over-month basis, falling below $10,000 for the first time this year, according to ADESA.
Read More →In January, average wholesale used vehicle prices were up 0.6% year-over-year and up 4.9% month-over-month, according to ADESA. Truck prices were up 10.5% while car and crossover prices fell year-over-year.
Read More →According to Black Book, the rental industry will be affected first with the supply challenge, as thousands of residents will need to find immediate replacement of personal transportation.
Read More →With this partnership, ABN members who purchase a car through Hertz Rent2Buy will receive $100 off the purchase price of the vehicle.
Read More →According to ADESA Analytical Service’s July analysis, prices declined between June and July for virtually all model classes. Minivans and mini SUVs were hit the hardest, with price declines of 5.7% and 3.8%, respectively.
Read More →According to ADESA, wholesale used vehicle prices resumed their softening in December due to rebounding supply, which is putting downward pressure on wholesale prices.
Read More →With its 2015 Auction Achievement Awards, Enterprise Holdings has recognized 14 automotive auctions in the categories of whole-car auctions and damaged-vehicle auctions.
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