Regions Bank is working with TrueCar on Regions Auto Center, where customers can research, shop for, finance, and insure a new or used vehicle. Consumers can compare pricing information on thousands of new and used vehicles, view prices other buyers paid for the same vehicle, and receive pricing information on the vehicle from one or […]
The National Remarketing Conference, part of the Used Car Week series of conferences, will take place Nov. 14-16 at The Phoenician Resort in Scottsdale, Ariz. One session, titled “The Executive Suite” will bring together auction industry leaders to evaluate the wholesale market in 2012 and look ahead to trends and expectations for 2013.
While overall wholesale prices have been seeing a drop in recent months, there are a few categories that have shown more volatility in the past three months. “An overall downward adjustment in the market, combined with higher-than-normal gas prices, has contributed to pockets of volatility for certain segments,” said Ricky Beggs, senior analyst at Black […]
Tom Kontos Executive Vice President, Customer Strategies & Analytics ADESA Analytical Services Wholesale prices are experiencing stability now after a three month decline, being virtually flat with August. It’s an indication of overall market stability. September was good for both retail new and used, since sales and prices were strong and drove demand in auction […]
Tom Webb Chief Economist Manheim Consulting Manheim’s Used Vehicle Value Index stayed flat in September, after having dropped in each of the previous five months. The Index came in at 120.7, a 1.8% decline from a year ago. The numbers reflect strong underlying dealer demand created by higher retail used vehicle sales volumes. Click here […]