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GAINESVILLE, GA - All 10 car segments included in Black Book's auction analysis showed increases in value last week, according to Ricky Beggs, vice president and managing editor.
Read More →With the exception of cars, the OPENLANE Price Index shows year-over-year improvements in auction prices.
Read More →Full-size pickups and SUVs see increases; compacts, premium sporty cars and entry midsize cars struggle.
Read More →Prices in all used-vehicle segments were down or flat in the first quarter, contrary to the typical pattern of increasing prices at auctions in the January-through-March period.
Read More →Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size work vans.
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Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
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Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
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