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Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
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According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.
Read More →If the mid-month value of the Manheim Index holds for the full month, wholesale values will have completely recovered from the March and April declines.
Read More →The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.
Read More →New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.
Read More →CAR 2024: The IARA brings together a panel to address one of the biggest challenges for consignors.
Read More →Used vehicle prices experienced a reversal in May, falling 1.2% from the previous month, according to Black Book.
Read More →All vehicles are Avis Certified — meaning they have passed a rigorous multi-point, bumper-to-bumper inspection process completed by certified mechanics, including ASE-Certified and ASE Master Technicians.
Read More →CAR 2022 IARA Session: A crisis, trial, setback, or challenge — you can’t change the conditions, but you can summon the circumstances, a veteran U.S. Army Ranger tells a conference of vehicle remarketers.
Read More →Auto Rental News announces the launch of its redesigned Website, www.autorentalnews.com. The updated site includes dedicated channels to address fleet acquisition, remarketing, rental software, telematics, fleet insurance and rental operations.
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