Leading fleet management and remarketing companies call out their best performing auction partners across the U.S.
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The renaming caps an evolving strategy for consolidating online and digital auction marketplaces into a more streamlined whole that speeds up vehicle transactions.
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The service from Privacy4Cars gives consumers as well as fleets and remarketing operations an instant account of a vehicle’s data security and privacy history.
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Remarketing industry veteran Tony Long served in the position for a decade that spanned numerous successes for the vehicle consignors trade group.
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Dealer lots are no longer empty, with far more selection for vehicle shoppers who may have been waiting to buy a particular model.
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The automotive industry consulting firm will help the 700-vehicle weekly auction build its connections in the marketplace.
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Only 16 models are now eligible for a full or partial tax credit, which will factor into the vehicle choices for private- and public-sector fleets as well as the vast American retail vehicle market.
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While inventory is up from 2022 levels, it remains low by historical standards. Meanwhile, the estimated typical monthly payment for a new vehicle declined to $754 from the peak of $791 in Dec. 2022.
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Prices usually decline in the first two weeks of April, but in each of the last two years prices increased substantially during these same weeks, the Manheim Index shows.
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Finding the right product at the right price is more challenging for buyers today. Sales for all of March were down 4% compared to a year ago.
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