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ConditionReports.com introduces Remote Inspect, a platform offering fast, professional vehicle condition reports via a mobile app, enhancing automotive remarketing efficiency.
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During the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 0.3%, which was less than half of the normal decline for this time of year.
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While the total supply of unsold used vehicles is down from the same time a year ago, they are up from the end of June.
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CAR 2023: What will be the foundations of a steady and productive used market for electric vehicles? What steps must be taken to ensure a viable EV sector?
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Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle Value Index forecast is expected to finish the year down nearly 14% YOY, up from the second quarter’s revised forecast of a 6% decline.
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The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
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An iseecars.com study finds electric car prices saw an increase of 54% in July from the same month last year while gas-powered cars were up just 10%.
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IARA Summer Roundtable: Electrification expert Kristin Slanina supercharged the annual consignors and remarketers conference with a step-by-step hopeful outlook for adopting, using, and reselling EVs.
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All major market segments once again saw seasonally adjusted prices that were higher year over year in July.
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