‘Used cars aren’t cheap,’ but pricing pressure eases
Like NASA’s Artemis II mission in April, retail used-car prices rocketed into orbit this spring. And slowly but surely, “they’ve come back to down to earth.” Just not at astronomical speeds, says CARFAX, known for its history reports on more earthly vessels. The CARFAX Used Car Index in July is up 0.1% from June, an […]
October 20, 2026
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” That quote from Warren Buffett is one that Bill Westlake, director of national accounts at Metro Auto Auctions, has used as an Auction Academy instructor but also put in practice at Metro […]
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October 20, 2026
Hertz Car Sales has expanded its program that lets potential customers try before they buy. The used-car retailer’s extended test drive program is now available at more than 300 participating Hertz neighborhood rental locations, the company said. TestDrive+, previously called Rent2Buy, allows shoppers to pay a daily drive fee and then test drive a vehicle […]
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October 20, 2026
Automotive M&A advisory Dave Cantin Group has named a former Asbury Automotive Group senior executive and business partner to baseball Hall of Famer Hank Aaron as its senior vice president of strategic initiatives. Hired for the role is Sid Barron, who spent more than a decade at Asbury, where he served as vice president of […]
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