Overall wholesale values remained stable last week, however, luxury values continued to decline last week.
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Hyundai topped Autotrader's list of 10 best non-luxury CPO programs for 2019.
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The Kansas City vending machine marks the first vending machine in Missouri and the 18th machine in the U.S.
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Overall car segment values increased 0.12% last week, compared to 0.24% the week before. Overall truck segment values increased 0.06%, compared to 0.16% the week before.
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New-vehicle prices are currently at record highs and the high prices are shifting sales away from new-vehicles and toward certified pre-owned vehicles.
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ADESA is replacing its LiveBlock service with ADESA Simulcast, giving its customers an expanded method of joining live sales online, the company announced.
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The investment will benefit Cox's Manheim by creating a partnership that will provide Manheim with 3D, 360-degree images, of the vehicles available on Manheim's online marketplace.
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Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.
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Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.
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The lull that the wholesale market experienced through January and February was upended in March, as the industry saw the traditional spring bounce in values, according to the most recent Manheim Index report.
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