Subcompact luxury crossovers, compact luxury crossover/SUVs, and mid-size luxury crossover/SUVs posted the highest depreciation within the truck segment, according to Black Book's August 22 Market Insights report.
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The DealShield DS360 guarantee protects a dealer's wholesale vehicle purchase and gross profit for up to 21 days and 360 miles. If the customers decides the purchase isn't right for any reason, they can return the car and get 100% refund of the purchase price and buy-fee.
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Johnson’s addition to the board will add someone who has a deep understanding of the automotive landscape and how companies use data and technology in their operations, the company added.
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Copart has expanded its Arkansas locations in Conway and the other in Prairie Grove to allow the company to better utilize their locations, store more vehicles, and sell more vehicles, according to the company.
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Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available
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As the remarketing industry has changed, so too have its professionals. Tim Meta, the incoming president of the IARA, is preparing for the industry’s future in one of the bests ways he can: by being closely involved in industry discussions with the IARA.
Read More →Welcome to the inaugural International Automotive Remarketers Alliance (IARA) newsletter. In this newsletter, we will be sharing with you a breadth of fresh content regarding the Alliance, which will include Committee reports, member profiles, updates on the status of the Alliance, and much more.
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Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.
Read More →Approvals for vehicle leases fell 14.5% to 54.3% in July from the prior month partly because an influx of students with lower credit scores applied for vehicle leases ahead of the college school year, reports Swaplease.com.
Read More →The National Auto Auction Association (NAAA) has named four finalists for its 2017 Auction of the Year Award for Excellence in Community Service, the association announced.
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