News
Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
Read More →The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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The online auction platform surpasses $15 million in used EV volume sold as the market faces an influx of off-lease vehicles.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
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CAR 2025: The professional education and development program for the vehicle auction industry marks another milestone with the recent graduation of Class 8.
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More than $105,000 was raised to provide recreational opportunities for young people with disabilities.
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Industry data and economic experts emphasize the need to focus on the facts and long-term trend lines as media coverage and political messaging may not always interpret the information accurately.
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CAR 2025: A stirring combination of lower off-lease supply, constrained inventory, rental-fleet right-sizing, muted wholesale prices, and record EV sales are all contributing to an overall market still trying to catch up to pre-pandemic levels.
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CAR 2025: The varied recognitions celebrate achievements and service across the industry.
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Gallery: Scenic San Diego attracts a variety of vehicle consignors, auctions, remarketers, and vendors to connect at the 30-year annual business gathering.
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NAAA member auctions hit 7.6 million sales in 2024 as volume growth offset lower prices for a $105 billion total sales value.
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Uncertainties in policy changes are creating challenges for automakers as they await further information.
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