News/Media Release
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.
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.
The latest trends in the key indicators suggest wholesale used-vehicle values will likely see further declines in the second half of the month.
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Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
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Consumer EV data indicates which models are most in demand and likely to command higher values. Ford revs up with four models in the Top 10 of most-shopped electrified vehicles, including the F-150 Lightning, F-150 Hybrid, and Maverick Hybrid.
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With record numbers of lease-holders choosing to keep instead of return their leased vehicles, the pool of available CPO-eligible inventory is lower than usual.
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A new Purchases Page brings greater speed and centralized buying to customers.
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But average transaction prices still linger above MSRP as supply holds steady at the same level since Thanksgiving and customer demand remains strong.
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Combined sales into large rental, commercial, and government buyers were down 36% year over year in January.
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Combined sales into large rental, commercial, and government buyers were down 36% year over year in January. Sales into rental declined 61% YOY, sales into commercial increased 4% YOY, and sales into government declined 23%.
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Black Widow's two patent-pending enhancements will enable its auction and dealer customers to deliver more, high-quality digital pictures of vehicles for sale.
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2022 New Faces: These industry figures are taking on roles on the board and/or committees of the International Automotive Remarketers Alliance.
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