Carfax Expands Role in GM Pre-Owned Program
Car shoppers now get a Carfax Vehicle History Report with every Chevrolet, Buick, and GMC Certified car, truck, and SUV at no-cost from the selling dealer.
Car shoppers now get a Carfax Vehicle History Report with every Chevrolet, Buick, and GMC Certified car, truck, and SUV at no-cost from the selling dealer.
Residual values of full-size vans have remained strong while compact vans have weakened in the past year, creating a widening gap that has created two used van markets for fleet sellers.
Used Full-Size SUVs depreciated the least, while compact vans and Subcompact Luxury CUVs fell hardest in the auction lanes during January, according to Black Book's monthly report.
Element Financial Corporation has appointed Bill Cieslak and Paul Seger as vice presidents for its remarketing unit.
GovPlanet, IronPlanet's online marketplace for used government surplus, is auctioning three High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, and donating the proceeds to the Fisher House Foundation.
Daycab and construction trucks behave differently than highway tractors in the used commercial truck market, say analysts at NADA Used Car Guide, a division of J.D. Power and Associates.
The wholesale used-vehicle market finished 2015 stronger than expected with an average 13.2% depreciation rate for used vehicles two to six years old and trucks retaining their value 9% better than passenger cars on average.
GM announced the company is launching the Factory Pre-Owned Collection as another example of GM’s efforts to earn customers for life.
LINE-X showed its continued commitment to U.S. veterans by donating $50,000 to UCLA Operation Mend
Subaru, Lexus, General Motors, and Tesla earned top honors or recognition for 2016 models in Kelley Blue Book's annual forecast of the vehicles with the best retained value after a five-year ownership period.
Heavy and certain light and medium trucks make up the largest share of transactions for first three quarters of 2015, says IHS Automotive.
Used vehicles depreciated 2.8% in November during a month that typically sees higher depreciation as vehicles lose greater value toward the end of the year, reports Black Book.
Full-size cargo and passenger vans logged the least amount of depreciation in October and with pickups bolstered the used vehicle market, which saw a sharp increase from September, according to Black Book.
Used vehicles sold at auction declined 1.5% in value in September — a depreciation pace relatively unchanged from August — in a month that saw relative strength in some truck segments and compact cars continue their slide, according to Black Book.
Peterbilt’s Red Oval program offers a certified pre-owned trucks from throughout its dealer network and Paccar Financial Used truck Centers.
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