ADESA Analytical Services found the same year-over-year wholesale price declines for both April and May. The company’s monthly analysis of used values by vehicle model class showed  wholesale prices in May averaged $9,811 — down 2.8 percent compared to April and 4.5 percent relative to May. ADESA pointed out the 4.5 percent year-over-year decline matched […] [Read More]

In today’s digital automotive landscape where so many advertising avenues are available, it’s important for dealers to be able pinpoint the most effective mediums and channels for their advertising dollars. This was one of the topics VinSolutions vice president and general manager Brian Skutta honed in on when talking with Auto Remarketing shortly after his […] [Read More]

New information from Cars.com might be able to help dealers place budget-conscious new-car buyers in vehicles that will satisfy the desire for features, without breaking the bank. The site this week released its editors’ top 10 picks for vehicles that even at base model level still have a lot to offer drivers. “Just because you […] [Read More]

With over 600 attendees at this year’s Auto Remarketing Canada conference, organizers wasted no time in securing next year’s event. Auto Remarketing Canada 2014 is scheduled for Monday, March 31 and Tuesday, April 1, at an all new location! Next year’s event will be held at The Westin Harbour Castle, which touts stellar views of […] [Read More]

For dealers trying to gauge just how much they will be spending in the lanes this month, NADA Used Car Guide's latest Guidelines report may be of particular interest. Though auction prices have been falling all spring, NADA expects that June’s rate of depreciation will be smaller than May’s decline of 2.1 percent. Dealers will […] [Read More]

On Tuesday, Edmunds.com released its third annual Best Retained Value Awards, which recognize the brands and new models that have the highest projected residual values after five years based on their average True Market Value price when sold new. The site highlighted that Jeep won in the non-luxury division with a projected 50.6 percent residual […] [Read More]

In a story that ran in Tuesday’s edition of Used Car Manager Weekly, we looked at NADA Used Car Guide’s projections that plug-in vehicle value retention would improve slightly in coming years but still trail the overall industry. Today, we dive further into NADA’s explanation on why plug-ins haven’t held their values as well and […] [Read More]

Mobile technology is here to stay. Projections show that mobile Internet use will surpass traditional desktop use in 2014. More than 25 percent of Internet users in the U.S. already say they are “mobile-only” and rarely go online using a laptop or desktop computer. As mobile phones and tablets are being used more and more […] [Read More]

After expanding in the U.S. at the close of its most recent quarter, Copart announced another acquisition on Tuesday, this time broadening its European footprint. Copart acquired Autoresiduos S.L., located in Cordoba, Spain. The company is a salvage valuation and marketing platform primarily serving the insurance markets in Spain. The company highlighted the Autoresiduos platform […] [Read More]

As a car dealer, you’ve been thoroughly trained on all steps of a sale from greeting through negotiation and final sale.  And, you apply these steps well.  But it’s a good bet that even armed with all of your knowledge and experience, there have been more than a few times when you found yourself wondering, […] [Read More]