by - July 22, 2021 2:44 pm
An economist said the used vehicle market might have reached the end of the recent buying frenzy as prices appreciated to record levels. Used vehicle prices started to fall in…
by - April 12, 2021 1:22 pm
Wholesale used vehicle prices in the United States rose by 5.8% in March, from February, and were up 26.2% from March 2020, according to the Manheim Used Vehicle Value Index….
by - March 3, 2021 12:41 pm
Used vehicle prices are expected to remain higher and might continue to increase as more stimulus money is released and new vehicle production is limited, said Jeff Williams, president and…
by - October 22, 2020 3:51 pm
Used vehicle values started to fall in September, from August, after rising for three consecutive months, economists said. However, used vehicle values were still higher than they were in September…
by - July 9, 2020 3:18 pm
Used vehicle values in the U.S. started to recover in the second quarter and into June, but the growth has started to slow as COVID-19 cases rise. Used vehicle values…
by - April 10, 2020 10:15 am
The used vehicle market is being challenged by the new vehicle market as it offers strong financing incentives to prospective buyers amid the COVID-19 pandemic that’s hurting sales in both…
by - January 9, 2020 2:51 pm
Used vehicle sales are expected to increase between 20% and 30% in the last week of February as tax refund season begins, and sales are expected to remain elevated through…
by - April 9, 2019 3:59 pm
Used vehicle prices rebounded in March after falling at the start of 2019, but after April, the prices are expected to remain stable throughout the remainder of the year, unless…
by - October 4, 2017 12:25 pm
Salvage auction operators have been rapidly recovering the nearly 200,000 vehicles totaled by Hurricane Harvey, and they should start to enter the market between the middle of the fourth quarter…
by - September 7, 2017 4:39 pm
Between 300,000 and 500,000 vehicles might have been destroyed or damaged beyond repair because of the flooding in Houston caused by Hurricane Harvey, and as a result, the price of…
by - January 30, 2017 4:09 pm
Used car dealers have shifted to using GPS tracking devices to keep tabs on vehicles over the years, and they’ve come with several benefits, including automated collection and payment reminders…
