As temperatures begin to cool,  and we pass the middle of the month and look toward October, rising gas prices continue to have a “minimal” impact on used vehicle prices, according to NADA Used Car Guide’s Jonathan Banks. The NADA UCG senior analyst explained that through the first half of the month, compact and midsize […] [Read More]

Independent dealers are having one of their best months in quite some time, and the overall used-vehicle market is likely to improve more than 8 percent in September, according to CNW Research. It is expected that used sales will reach 3.49 million units for the month, which would compare to 3.23 million used sales in […] [Read More]

While describing last week’s price trends as a “leveling market,” Ricky Beggs shares what he and the rest of Black Book’s editors expect to see as the wholesale scene ventures into autumn. Beggs indicated that Black Book’s outlook for the next couple of weeks is “an active market with a similar number of changes compared […] [Read More]

Though used prices continue to decline, it looks like the slide is slowing, according to CNW’s September Retail Automotive Summary.  As the rate of price decline continues to shrink and used vehicle days’ supply continues to grow, it appears the fourth quarter of this year bodes well for dealers' used-car departments. [Read More]

The branch of  the Blue Oval that offers dealers an alternative wholesale outlet for selling used vehicles that could not be retailed revealed it has reached a benchmark number in its program. Ford's Automotive Remarketing Services (ARS) program has remarketed its 500,000th vehicle for its customers.   And to celebrate this milestone, Ford  is hosting […] [Read More]

Offering its take on what is most important to consumers in the car-buying process, AutoUSA Internet Sales Solutions revealed Monday the availability of a free white paper for dealers. The report, titled, "Pre-Qualified Payment Marketing: Converting Online Car Shoppers to Customers," gives an “overview of the current payment marketing options offered by dealers to their […] [Read More]

Local auto dealers came together this month to donate more than two dozen vehicles for a charity auction hosted by Harrisburg Auto Auction, and raised more than $30,000 for their cause. The dealer-only charity car auction was held Sept. 13, with 100 percent of sales and onsite donations directly benefiting the Carlisle, Pa., branch of […] [Read More]

In announcing a renewed agreement with Experian Automotive for AutoCheck as the official vehicle history report in its certified pre-owned program, Mazda North American Operations revealed Friday that its CPO offering now includes a three-year AutoCheck Buyback Protection program. This is designed to foster greater peace-of-mind among Mazda’s CPO shoppers. Greater confidence among buyers, of […] [Read More]

What’s in the cards for this year’s National Remarketing Conference presented by SmartAuction? After kicking off with a quartet of workshops that delve into elements of the wholesale industry, Day 2 of the event — scheduled for Nov. 14–16 during the Used Car Week conferences — will feature an iRemarketing presentation, which will share the […] [Read More]

RVI Group’s third-quarter risk outlook showed how the used-vehicle price softening analysts found in August reinforces the possibility that an even greater price decline is coming next year. The group determined used prices for two- to five-year old models (seasonally adjusted) dipped by 0.7 percent last month when compared to July figures. However, analysts acknowledged […] [Read More]