News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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Depreciation rates on used vehicles are nearing levels not seen since the recession, though the trend will soon reverse and likely lead to marginally higher losses.
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Automotive Finance Corporation has moved four of it's locations, including AFC Albuquerque, AFC Denver, AFC San Diego, and AFC San Jose.
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The location, which has been serving local dealers and consignors in Houston and the surrounding area for more than 25 years, will be renamed Go Auto Exchange Houston, effective immediately.
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As a result of this integration, all auctions on the Edge ASI system will have the ability to receive updated NextGear Capital credit availability and originate floor plan transactions through the AuctionACCESS platform.
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Back-to-back sales at Brasher’s Northwest Auto Auction on Wednesday, August 6 and at Brasher’s Portland Auto Auction on Thursday, August 7 will include a combined total of more than 2,000, trucks, SUVs, and RVs.
Read More →While a variety of factors can affect vehicle conversion rates at auction, in a recent study, Manheim revealed that the presence of a physical title at the time of sale can potentially double vehicle conversion rates.
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In addition to a new, more user-friendly design, site visitors will have access to a depreciation calculator and informational videos.
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Used vehicles sold at auction depreciated 1 percent in June compared with a 0.4 percent rate in May, which is typical for summer months, according to Black Book.
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The LiveBlock mobile app is very similar to LiveBlock on ADESA.com, which simulcasts vehicles worldwide via real-time audio and video feeds.
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Family, friends, and colleagues paid their respects to Ed Bobit at a memorial service, honoring the Bobit Business Media founder and chairman as a publishing force known for his tough-but-fair approach to business and family.
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