BSCAmerica marks the one-year anniversary of its LiveLane.com salvage sale by celebrating 800 percent growth in buyer participation and sales volume. Customer enthusiasm for the online sales medium continues to grow.
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Tom O’Neill, incoming president of the National Association of Fleet Resale Dealers, presents some of his views on where the association is headed. He sees the Internet as being a growing part of NAFRD’s operations.
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New paint repair division of Manheim subsidiary Dent Wizard International currently offers on-site services at 18 Manheim auctions, with additional locations expected in the near future.
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A good auction brings buyers and sellers together. But what are the best methods not only for getting the word out about a sale but ensuring that you’re creating the best possible marketplace for the vehicles on hand?
Read More →Auction Broadcasting Company is offering a 100% Buy-Back Program to dealers who purchase vehicles from the consignment lanes at five of its auctions.
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Members of the National Auto Auction Association (NAAA) sold almost 9.5 million vehicles in 2002 to the tune of $80 billion. We are the source of virtually all pricing data that is used for the used-vehicle price guides, as it is the most consistent, regularly updated, and truest pricing in the market.
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The used-vehicle market since Sept. 11 has been volatile and its future is being governed by events beyond our control, such as the economy, a war, and unprecedented new-vehicle retail incentives.
Read More →On average it takes approximately nine days for owned fleets to receive funds from the resale of fleet vehicles, while leased/managed fleets take 21.5 days, according to a survey of fleet managers conducted by Automotive Fleet.
Read More →Currently, we are in the midst of the traditional, seasonal downturn in the used-vehicle market, which has caused resale values to plummet. This is normal and it happens every winter, sometimes a little sooner, sometimes a little later.
Read More →Taurus was still the best selling used car, as it has been for three years. Ford leads the light truck class as well, with the F-150. Another continuing trend is the popularity of green cars with tan interiors.
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