Manheim Used Vehicle Value Index Peaks

Wholesale used vehicle prices — on a mix-, mileage-, and seasonally adjusted basis — increased 0.75% month-over-month in August, bringing the Manheim Used Vehicle Value Index to a record high of 131.3.

Which Way Now? CAR Keynote Panel to Focus On New Realities

CAR 2022: No topics are more pressing at this year's Conference of Automotive Remarketing than industry economic and vehicle sales trends coming out of a pandemic and the changes in the consignment and auction markets.

Mike Antich

ADESA: Used-Car Prices Stay High

Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.

ADESA: Wholesale Used Vehicle Prices in March Fell Compared to Last Year

The newest Kontos Kommentary from ADESA indicates a softening overall pricing environment compared to the past three spring/tax seasons.

Small Car Depreciation Improves in April

Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.

Pickup Truck Interest Rises in the Aftermath of Hurricanes

Pickup trucks have seen a surge in consumer interest in the aftermath of Hurricane Irma and Harvey, according to Jumpstart Automotive Media.

Manheim Reiterates Support for Multiplatform Bidding System

Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.

Digital Imaging Company Adds High-Def Photos, Advances

Black Widow's two patent-pending enhancements will enable its auction and dealer customers to deliver more, high-quality digital pictures of vehicles for sale.