Your Top Resource for Consignor and Auction News
Search Close Menu

Tag Search Result

Used Vehicles

Most Recalled Used Cars Identified

The Mercedes-Benz C-Class topped a list of the most recalled cars in recent model years, while the Hyundai Accent was the least-recalled vehicle during the same period, according to a report on ISeeCars.com.

Read more

Carvana Opens New Car Vending Machine in Florida

The structure stands eight stories tall and holds 30 vehicles, similar to other Carvana vending machines. This marks the 11th vending machine nationwide and the third vending machine in Florida for Carvana.

Carvana Opens Car Vending Machine in D.C.

Carvana has opened up a new car vending machine in Washington, D.C., making this the third vending machine the company has opened this year, and the tenth overall, according to a company announcement.

Luxury Vehicles Drive Weekly Depreciation

Depreciation for both cars and trucks were at higher levels than what’s been observed in the last few weeks, in large part due to the weak performance of luxury vehicles.

Used Vehicle Loans Increase $410 in Past Year

The loan amount for a new vehicle in the first quarter of 2018 was $31,445, $921 higher than the same period in 2017. In the used segment, the average loan amount for a vehicle was $19,536, $410 higher compared to the year-ago period.

Lease Approvals Rise 10% in April

Retail leasing applicants registered a 70% approval rate on Swapalease during April, a 10% increase from the same time last year, the company announced.

Carvana Gains Access to Manheim's Digital Markets

Manheim has grown its partnership with Carvana, allowing the online used car retailer to streamline its wholesale purchases and sales from Manheim, according to a company announcement.

Hyundai, Lexus Offer Top CPO Programs: Autotrader

Hyundai and Lexus offer the best certified-vehicle programs in 2018 for consumers shopping for used vehicles, according to the third-party shopping website Autotrader.

Weekly Truck Values Remain Stable, Car Values Slide

Overall, car segment values decreased 0.27% last week, compared to 0.08% the week before. Overall truck segment values decreased 0.05% last week, compared to 0.08% the week before.

Late-Model Auction Volume Slips 1.6% in April

Late-model auction volume was down 1.6% year-over-year in April, according to J.D. Power’s May Used Car and Light Truck Guidelines.