MCLEAN, VA - The NADA Used Car Guide predicted that gas prices will peak at $4 per gallon in May, but said it expects the impact on used-car prices to be mild by historical standards.
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GAINESVILLE, GA - The champion of the used-car market this week was the fact that 53 percent of the changes the editors of Black Book made were increases.
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There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
Read More →Probably the most lively session at the AFLA Fall Meeting in Chicago this year was the Confessions of Car Wholesalers, a panel discussion of the wholesale car business followed by a testy question and answer session moderated by Pierce Walsh of Warren Buick.
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