REPORTER

A current estimate from Carfax puts the total amount flood-damaged vehicles on the road at...

Hurricane Dorian Will Bring More Flood-Damaged Cars to Used Market

An increasing number of flood-damaged vehicles are returning to the used market across the country, and increasingly in states where flooding might not be top of mind, according to new data from Carfax.

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The average sticker price for new vehicles sold in the second quarter of 2019 was $10,042 above...

Used Vehicles Cost $14K Less Than New Equivalents in Q2

The average three-year-old used vehicle cost buyers $14,443 less dollars then its new equivalent during the second quarter of 2019, according to the latest Used Vehicle report from Edmunds.

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The heaviest declines among truck segments originated from full-size CXU/SUVs and minivans,...

Wholesale Luxury Values Continue to Struggle in Early September

While most wholesale vehicle segments are experiencing low levels of depreciation, heavy depreciation from luxury segments is continuing to weigh down overall wholesale values, according to Black Book’s Sept. 10 Market Insights report.

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The latest upgrades to Manheim’s mobile app were designed to provide dealers greater control...

Manheim Adds Vehicle Recs, Offer Tools to Mobile App

Manheim announced the addition of two new, dealer-facing features to the Manheim Express mobile app, both available now.

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Auction facilities in the Carolinas and Virgina shifted to digital as Dorian moved along the...

Carolina Auctions Go Digital During Dorian

Manheim and Adesa auctions in the path of hurricane Dorian mostly shifted to digital sales on Thursday as the storm drenched the Carolinas and Virginia.

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The vending machine offers people who have purchased a used vehicle through Carvana’s online...

Carvana Opens Second Vending Machine in California

The new location, located in Ontario, Calif., stands eight stories tall and holds 27 vehicles.

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