Tagged Remarketing

Leasing Down Through First Half of 2017

Through the first half of this year, 2.1 million vehicles have been leased, a 4.4% decline from a year ago and the first time in four years that leasing has seen a year-over-year decline, according to the latest Edmunds Lease Market Report.

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Lease Prices Remain Stable in July

The average monthly payment for a leased vehicle in July has remained essentially flat from the previous month when the average monthly payment was approximately $340, according to online lease deal marketplace Wantalease.com.

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Wholesale Prices Softening Despite YOY Increase in June, Kontos Says

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today.

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KAR Hosting NAAA's Safety Day at ADESA Boston

KAR Auction Services, Inc. is hosting the National Auto Auction Association (NAAA) Safety Day at the company’s ADESA Boston auction on July 25. Here, leaders from NAAA member auction across the country will learn, listen and exchange best practices on how the industry can better address safety risks, according to a company announcement.

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instaVIN Updates Website for Vehicle History Reports

Remarketing and technology solutions provider KAR Auction Services Inc. announced the launch of a new website for its instaVIN business unit, which provides vehicle history and title history information for dealers, commercial customers and consumers.

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Used Vehicle Values Decline 4.5% in Past Year

Black Book's June Used Vehicle Retention Index that measures wholesale values increased 0.7 to 113 from the May level. The index has declined 4.5% in the past 12 months.

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Holiday Weekend Keeps Wholesale Values Steady

Increased demand at dealer lots during the Fourth of July weekend kept wholesale depreciation at stable levels compared the week before, according to Black Book’s Market Insights report for July 11.

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AMS Consulting Firm Partners with Rea Brothers' Mid-South Auction

Auction Management Solutions, Inc. (AMS) has partnered with Rea Brothers’ Mid-South Auction (RBMSA) for business development consulting, bringing the firm’s total list of clients to 17, according to a company announcement.

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Purple Wave Auctions Offers Remarketing Advice

Using internet equipment auctions can help you overcome the problems of tight timelines, market value and changing brands, according to the company.

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Carvana Expands Into Kentucky

Carvana has expanded its next-day delivery service to Louisville, Kentucky, marking the company’s first Kentucky Market, according to Carvana announcement.

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