Alec Gutierrez Senior Market Analyst, Automotive Insights Kelley Blue Book Auction values for 1-3 year old models at the end of Q3 2013 remained at 3-year high at an average of $17,085, or $280 above the 2012 average. Values have been down an average of $731 or 4.3% since the beginning of the year. This […]
Tom Webb Chief Economist Manheim Consulting The Manheim Used Vehicle Value Index reached 122.8, an increase of 1.7% from its year-ago level. Wholesale used vehicle prices rose for 4th consecutive month in September. While September’s rise in values was no surprise, Manheim Consulting expects prices to soften due to new-vehicle inventory increases and wholesale supplies […]
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GPS Insight moved its headquarters to the top floor of the iconic Henkel Building in Scottsdale, Ariz., earlier this month. The new space offers nearly 50,000 square feet in office space, along with many shared amenities including a 150-person training stadium, cafeteria, gym, rooftop garden, and underground employee parking. It’s three times larger in space […]