The sale was a joint effort between Manheim San Diego and Toyota / Lexus Financial Services titled the “Heroes of History” Event Sale. The sale was held on March 27 and offered 175 pre-owned, late model Toyota and Lexus vehicles for sale.
Read More →Customers in Boston; Worcester, Mass.; Manchester, N.H.; and Providence, R.I. will now have the ability to have the used vehicles available through Carvana delivered to them as soon as the next day for free.
Read More →Ally Financial Inc. and Fair have partnered to allow Fair to use Ally’s SmartAuction as a remarketing solution for its returned cars, according to a company announcement.
Read More →This trend is expected to continue, given the steady growth of utilities and pickups at the expense of sedans. According to IHS Markit forecasts, over the next three years, there will be five times as many new utility nameplates introduced to the U.S. market as new sedans.
Read More →The average interest rate for a new-vehicle loan in the first quarter of 2018 was 5.7%, according to Edmunds, up from the same time in 2013, when new-vehicle interest rates averaged 4.4%.
Read More →Coates will come to Los Angeles after serving six years as general manager of ADESA San Diego. In total, Coates has over 25 years of auto remarketing industry experience.
Read More →Mecum Houston sold 621 vehicles in a collector-car auction held last week, amounting to more than $21 million in sales, according to a company announcement.
Read More →Overall car segment values were up last week, as the value of compact and mid-size cars continues to hold strong, marking the third week of consecutive growth for cars, according to Black Book’s April 9 Market Insights report.
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Toyota and Porsche led mainstream and luxury brands in Edmunds’ 2018 Best Retained Value awards. Collectively, the two brands earned eight of the 18 brand-level awards that Edmunds gives out each year.
Read More →Copart will expand its Tucson, Ariz. location, due to a growth in volume, the salvage auction specialist announced.
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