September draws to a close this weekend, ending what appears to have been a rather solid month for used-vehicle sales, according to Edmunds.com.
The company is anticipating 3.13 million used sales for the month, which would be relatively static compared to the 3.14 million used sales in August. Compared to September 2011, it would be a 2.35-percent gain, Edmunds noted.
Edmunds’ projections follow forecasts from CNW Research and TrueCar, which projected 3.49 million used sales and 3.42 million used sales, respectively.
While dealers play a huge role in the CPO Forum, they’re also a vital part of another Used Car Week event: the National Remarketing Conference. In the lanes, on the lot and online, dealers are the lifeblood of the remarketing industry, and one session in particular at NRC will give them the opportunity to share their experiences.
Utilizing Manheim’s Simulcast Everywhere technology for the first time, BMW Financial Services shared its recent sale was a success, with more than 70 BMW franchised buyers taking part.
The lender's first Simulcast Everywhere sale had more than 3,000 total bids in this first-of-its-kind sale format, “designed to allow BMW Financial Services to sell vehicles directly from any location,” officials noted.
Potential used-car buyers can now get a little help with their down payment, thanks to a new program announced this week by social-savings website Motozuma.
By setting up a free Motozuma account to save for a down payment, prospective buyers can receive a dollar-for-dollar match of up to $200 on any used vehicle purchased from a Motozuma Preferred Used Car Dealer.