Eric Gandarilla is a former Bobit editor who worked on Automotive Fleet and Vehicle Remarketing.
Eric Gandarilla
Senior Editor
Senior Editor
Eric Gandarilla is a former Bobit editor who worked on Automotive Fleet and Vehicle Remarketing.
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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Carvana, an online used-car retailer that’s best known for its “car vending machine,” has filed a registration statement with the U.S. Securities and Exchange Commission (SEC), paving the way for an initial public offering (IPO).
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Rising interest rates will have a minimal effect on the used car market today. However, the used-car market is poised to suffer, in the longer term, as federal interest rates continue to rise, one expert said.
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