The National Independent Automobile Dealers Association (NIADA) reminds consumers and its dealer members of a dealer’s obligations when selling a vehicle that has been damaged as a result of flooding and to look for obvious signs of water damage. “As a result of the devastation of Hurricane Sandy, we can expect thousands of flood damaged […]
Dan Galves Editor Galves Auto Price List October was difficult month and saw what we think will be large percentage of yearly erosion in most segments; Hardest hit continued to be European and Asian luxury segments; Rest of the market fell predictably w/ exception of some of scarcer segments like full size domestic SUVs and […]
Tom Kontos Executive Vice President, Customer Strategies & Analytics ADESA Analytical Services First half of October saw continued pattern of general price softening seen since Spring; as Superstorm Sandy approached and hit shores, dealers looked to be searching and bidding more aggressively in-lane and online; Strong dealer demand evident despite weakening retail used vehicle sales. […]