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After declining in October, wholesale used vehicle prices slightly increased in November. The Manheim Used Vehicle Index now stands at 122.4, a decline of 0.2% from its year-ago level.
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After increasing the last four months, wholesale used vehicle prices declined in October. The Manheim Index now stands at 122.3, an increase of only 0.3% from its year-ago level.
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Does the recent U.S. Court of Appeals ruling on HOS impact you? Stay informed and stay compliant. Ryder offers fleet managers updated FAQs and an info-packed free HOS webinar.
Read More →SUVs, including the Compact, Full-size, Luxury, and Mid-size categories, made up four of the top seven best-performing vehicle segments for the month, according to a new report from Black Book.
Read More →Tom Kontos, ADESA’s chief economist, reports that wholesale used vehicle prices for June continue to soften while the used vehicle supply continues to recover.
Read More →Pickup trucks outperform; midsize and compact cars see biggest drop; rental risk prices strong.
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Five used-car segments have resumed price declines after a strong Spring buying season, which is typically strong when shoppers purchase used vehicles with tax rebate money.
Read More →Compact cars was the segment found by Kelley Blue Book to have the least amount of savings when buying used cars compared to the new models. According to the report, which looks at retail pricing, a 2009 model-year compact car or older would have to be purchased to see at least $100 in savings per month.
Read More →KBB’s Best Resale Value Awards are based on projections from the Kelley Blue Book Official Residual Value Guide and look at current and forthcoming vehicles for their projected retained value throughout the initial five-year ownership period. The awards are by brand and by vehicle segment.
Read More →Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.
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