NextGear Capital has added to its management team to best meet customer demands for technology innovation services. Bryan Everly has become Chief Technology Officer responsible for directing all aspects of the company’s information technology including architecture, security and compliance, application development, and infrastructure and program management. His professional experience includes Vice President of Engineering for […]
Lease returns are going to be the big story of 2014, and demand for three-to-four year old vehicles should be strong.
Jonathan Banks Senior Director NADA Used Car Guide Harsh winter weather didn’t push used vehicle prices off their typical January pattern; prices were essentially flat at just 0.1% relative to December. In fact, it was the third highest figure ever recorded in the NADA’s seasonally adjusted used vehicle price index. It was unchanged in January […]
Tom Webb Chief Economist Manheim Consulting Wholesale used vehicle prices rose 0.5% in January. The Manheim Used Vehicle Value Index reading was 122.3 in January, which represented a 0.9% decline from a year ago. The general consensus is that wholesale prices will see a moderate decline in 2014, but it’s still not surprising to see […]