Meanwhile, off-rental units spike commercial vehicle sales by 40% year-over-year.
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The Pipeline Market Report is the industry's first information tool driven solely by independent auction sale data, encompassing near real time results from 175+ partner operations.
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The technology showcases how specifically tailored repairs and enhancements will improve a vehicle's grade, speeding up its readiness for the front line.
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autoniq Retail Index demonstrates KAR Global’s commitment to cutting-edge digital solutions.
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Auction volume has declined slightly, despite peaking in the first quarter of 2016 from off-lease vehicle returns, according to analysts at Kelley Blue Book.
Read More →Overall, auction values for used 1- to 3-year-old vehicles declined 1.3%, or roughly $235, in the first quarter of 2016.
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Some highlights from the 2016 report include NAAA-member auction sales rose an estimated 6.3 percent to 9.3 million units in 2015. Additionally, wholesale vehicle prices were just 1.2-percent short of a 2011 high.
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