The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
In its 20th anniversary year, the International Automotive Remarketers Alliance showcased some of its most accomplished industry professionals.
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
iSeeCars.com analyzed over 8.5 million used car sales across the three dealer types and found that rental car dealers consistently provide the greatest savings, while local dealerships are priced close to market value and virtual dealerships are priced above market value.
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.
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.
Nearly three in five (58%) of those planning to spend their 2019 tax refunds intend to put them toward a car purchase, the survey found.
The memories of the stripped-down rental car are gone. What’s changed, and how has it affected the new and used vehicle ecosystem?
The fully automated damage inspection portals from ProovStation can identify scratches as small as a millimeter, according to the company.
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