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Wholesale Values Continue to Climb in February
Enterprise Launches Digital Car Sales Platform

Enterprise Launches Digital Car Sales Platform

With the completion of this rollout, Enterprise’s customers now have the flexibility to complete their used car purchase either by starting their purchase from the comfort of home (with delivery, where available) or completing their purchase at any of Enterprise Car Sales’ 147 U.S. locations.

February 24, 2021

Wholesale Prices Jump Early in 2021

Wholesale Prices Jump Early in 2021

The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.

February 18, 2021

Wholesale Prices Start Strong in February

Wholesale Prices Start Strong in February

Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market.

February 11, 2021

Auction Rental Risk Prices Up 8% Year-Over-Year

Auction Rental Risk Prices Up 8% Year-Over-Year

According to the mid-month Manheim Used Vehicle Value Index average mileage for rental risk units in the first half of January — 49,800 miles — was down 3% compared to a year ago and down 4% month-over-month.

February 4, 2021

Wholesale Prices Increase to Start 2021

Wholesale Prices Increase to Start 2021

Wholesale used vehicle prices increased in the first 15 days of January compared to the month of December, bringing up the mid-month Manheim Used Vehicle Value Index.

January 25, 2021

Manheim Used Vehicle Value Index Ends 2020 Near Record High, Despite Drop in December
Overall Fleet Sales Down 39% in 2020

Overall Fleet Sales Down 39% in 2020

Total fleet sales for the entirety of 2020 — which is comprised of commercial, rental, and government sales — came in at 1,684,879 units.

January 7, 2021

Wholesale Volume Sold Drops Significantly in Q4 2020, YoY
Overall Wholesale Values Round Out 2020 with Slightly Higher than Seasonal Norms
Early December Wholesale Prices See Seasonal Increase from Pickups
Wholesale Prices See Seasonal Declines Through November
Wholesale Prices Show Seasonal Strength Through October
Wholesale Prices Show Seasonal Strength

Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.

October 20, 2020

KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Auction Services, Inc. has signed a definitive agreement to acquire BacklotCars Inc., an app and web-based dealer-to-dealer wholesale platform featuring a 24/7 “bid-ask” marketplace and comprehensive vehicle inspections performed by automobile mechanics.

September 25, 2020