Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.

News/Media Release
Staff

Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.

Sales are likely to be slightly less this spring selling season.
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But they remain off last year's pace because limited new-vehicle inventory has slowed the gently used segment due to fewer trade-ins.
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At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
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VP of client services Joe Miller, who has been a steady presence at industry conferences and events, takes on added roles at the auction data and management company.
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Shopper interest in electric vehicles has increased to 66% since January, when gas prices started to rise.
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The pilot program goes national to give clients more detailed vehicle information to make smarter buying decisions.
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Consumers have paid more than MSRP for each of the last 10 months, whereas one year ago, non-luxury vehicles were selling for more than $1,300 under MSRP.
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A two-day auction event and party at the Baltimore-area operation will include the season’s largest consignment of vehicles that will run across 10 lanes.
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The second quarter – especially April – will be the strongest part of the year for used vehicle sales and values, and then slow down but not crash.
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On a month-over-month basis, all major segments saw seasonally adjusted price declines, with pickups declining the most.
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