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The amount of vehicles in auction that are 5 years old or newer increased 0.3% year-over-year in June, according to J.D. Power's July 2019 Used Car and Light Truck Guidelines.
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The average value of used fleet vehicles increased 1.5% to $13,758 in June from May, but remain 4.3% higher than a year ago, according to KAR Auction Services' ADESA unit.
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Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.
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Dave Angelicchio died on July 7 after battling cancer for three years.
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Wholesale vehicle depreciation saw an uptick last week, as the car segment in particular saw a decrease in values, according to Black Book's July 15 Market Insights report.
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The new integrations are meant to enable greater access to trades, increase buyer confidence, and improve the dealer experience end-to-end, the company stated.
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Copart has opened a new location in Buffalo, New York, marking the sixth location for the company in the state, the company announced.
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