Getting Pricing Right: 4 Keys to Value Pricing

Steve Miner of FirstLook looks at four parts of making the pricing process work for remarketers… 1. Show me the data: Looking at your current market inventory and historical market data are the starting point. What’s your Market Days Supply? How are the listings in your market? 2. Unit cost does not matter: In this […]

Spring Market Ends Fast, Leading to Long and Dreary Summer

Dan Galves Editor Galves Auto Price List While the spring market ended faster than Galves Auto Price List predicted, vindication appears to be happening by recent market trends. Spring market came and went quickly as a spring shower. Now it looks like we’re heading into a long, steady “summer slog” that’s been all too familiar […]

Prices Down, but Stability and Normalcy Returning to Market

Tom Webb Chief Economist Manheim Consulting Wholesale used vehicle prices slipped 0.1% in May. This brought the Manheim Used Vehicle Value Index to a level of 119.1, 4.8% lower than a year ago. May’s decline was not as steep as the previous four months, reflecting the ongoing re-alignment of new and used vehicle price ratios […]