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New-lease marketplace Wantalease.com reports falling average lease costs for a variety of Chevrolet and Ford vehicles.
ADESA Buffalo recently earned two Ford Auction Service Award Program (ASAP) awards for its 2018 performance.
With this acquisition, America's Auto Auction now includes 22 locations.
In the month preceding the start of the Spring season, trucks continued to show the resilience they've shown in past months. A few key segments showed particular strength and luxury vehicles continued to struggle.
The two awards the auction received were the Top Selling Independent Auction for 2018 and Soaring Eagle Award, which is awarded for selling over 1,000 cars on the SmartAuction digital sales platform.
Overall depreciation was lower last week and midsize car values, in particular, saw a noticeable lift.
The company has created and filled president positions at two of its major brands: Roadrunner Services and Direct Reconditioning. The company also named a new VP of sales and staffing services.
LeasePlan Canada will be partnering with Alliance Inspection Management (AiM) for its off-lease vehicle inspections within the Canadian market to increase transparency and trust in transactions.
Copart has seen a growth in demand from buyers and sellers in Texas and has decided to expand its Austin, Texas location in order to meet those demands.
The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.