Articles

Pacific: Trucks Lead the Way in a Softening Market

Trucks and utility vehicles have remained strong in spring auction lanes, even though Pacific coast auctions have seen the used vehicle market soften in the past month.

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Southwest: Slow Start to Tax Season

The tax season had a late start in the southwest market. The boost in sales — which has been described as a steady increase as opposed to a spike this year — that auctions typically begin to see in February did not arrive until March.

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Southeast: Tax Season Kicks In, Cars Bounce Back

Southeast-region auctions are seeing a seasonal increase in values driven by tax-return-driven buying at dealer lots, but say the spring bump isn't as pronounced in 2017 in part due to the delay by the IRS to issue returns in late February.

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Putting Cop Cars Up for Sale

When it comes time to decommission patrol cars, there’s more work to be done than just turning the vehicles over to the auctioneer. And how does the phase-out of the Crown Vic and loss of interest from taxi companies affect resale value?

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CAR 2017 Addresses Key Remarketing Trends

The 2017 Conference of Automotive Remarketing (CAR) was host to myriad panels, discussions, and keynotes that discussed the latest trends in the wholesale remarketing industry.

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Midwest: Activity Picks Up Ahead of Tax Season

Challenging winter weather led to a slight year-over-year decline in auction sales through January in the Midwest region of the U.S. However, as January concluded and February progressed, sales began to pick up.

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Rocky Mountain: 4x4 Trucks, SUVs Bolster Winter Market

Large pickups and mid-size SUVs, especially those vehicles with all-wheel drive, sold particularly well in December and January in Colorado and Idaho, as a mild winter didn't affect Colorado, while heavy snow and ice muted auction activity in Idaho.

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Recouping a Better Return When Selling Fleet Vehicles

By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.

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Northeast: Holidays Dampen Auction Activity

As the Northeast region deals with what the Weather Channel has called Winter Storm Decima, certain trends at auctions across the nation remain consistent with locations in the region, such as the popularity of trucks and a decline in activity at auction as the result of the holidays.

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IARA Celebrates 15th Anniversary at 2016 Summer Roundtable

With Canadian membership its fastest growing segment, the IARA wanted to give credence to the “International” part of its name by holding its first Roundtable Conference outside the U.S.

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