Bobit has transitioned to a family-owned business under the leadership of Colin Sutherland, effective immediately. Learn more!
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Used vehicle sales increased during August to the highest level since October 2021, but U.S. auto dealers still see the current used-vehicle market as poor.
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Lower than normal depreciation trends are driving the used wholesale vehicle industry so far this month.
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Executives Jiles and Penny Wanna celebrate 20 years at the remarketing management and consulting company, while their son joins the team.
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The Tesla Model 3, Kia Niro EV, Maserati Levante, Nissan Leaf, Hyundai Kona Electric, and Chevrolet Bolt saw the biggest used vehicle price drops over the past year
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The expanded service provides auto dealers with faster access to pricing and market data when making informed wholesale buying and selling decisions.
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Sales conversion continued to rise and held at much higher levels than prior years for the month as more buyers came to markets to replenish supply for used retail inventory.
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Monthly and year-to-date vehicles sales at auctions reflect strong commercial sales growth this year.
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Figures show a continued slowdown in total commercial, rental, and government vehicle sales as year-to-date sales dip below last year.
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The site includes free third-party condition reports and a variety of bidding tools.
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