Used Cars

Carfax, vAuto offer info on auction vehicles at a glance

5:22 pm U.S. ET | Oct. 6, 2015

Carfax and vAuto have joined forces to offer dealers vehicle-history information on auction vehicles at a glance and with fewer online clicks.... Read More »

Cox, Dealertrack seek to reassure on prices

12:01 am U.S. ET | Oct. 5, 2015

Cox Automotive President Sandy Schwartz has heard dealers fret that, following Cox's $4 billion purchase of Dealertrack Technologies, the new entity will start jacking up prices. Don't worry, he says.... Read More »

Germany wants your Bimmer

12:01 am U.S. ET | Oct. 5, 2015

A Cox Automotive unit ships more used BMWs to Germany than any other overseas market. Here's a look at some of the peculiarities of the used-vehicle export business.... Read More »

No more 'distracted walking' in the lanes

12:01 am U.S. ET | Sept. 28, 2015

Mike Browning, the incoming president of the National Auto Auction Association, is taking charge of a new safety campaign designed to reduce accidents and injuries at auctions.... Read More »

Devastation and determination: Memories of Katrina

12:01 am U.S. ET | Sept. 28, 2015

Mike Browning, the newly installed president of the National Auto Auction Association, recalls heartbreaking and heartwarming moments following Hurricane Katrina. Browning was the general manager of Manheim New Orleans when the storm hit in August 2005.... Read More »

'More questions than answers' on used-VW prices

12:01 am U.S. ET | Sept. 26, 2015

Massive recalls of Toyota and GM vehicles since 2009 produced no long-term damage to those companies’ used-vehicle values. But it’s too early to tell how VW’s diesel scandal will affect its vehicles’ prices at auction... Read More »

Used-car dealers in Calif. sue VW over diesel emissions

5:22 pm U.S. ET | Sept. 24, 2015

Independent, used car dealerships sued Volkswagen AG in California on Thursday over losses they say they will incur following revelations that the company fitted some diesel models with software to cheat on U.S. vehicle emissions tests.... Read More »

Pontiac Aztek gains traction with millennials from 'Breaking Bad' role

9:00 am U.S. ET | Sept. 9, 2015

Several discontinued vehicle models, including the Pontiac Aztek -- well known for its spot atop many lists of the ugliest vehicles ever and for its role in AMC's “Breaking Bad” TV series -- are finding new life on the used-car market thanks to millennial buyers, an analysis found.... Read More »

Average used-vehicle price slips below $10,000

12:01 am U.S. ET | Aug. 31, 2015

The average wholesale used-vehicle price dips below $10,000 in July but demand for used vehicles, especially CPO, buoy prices compared to last year, according to ADESA.... Read More »

Instant online auctions save time, costs

12:01 am U.S. ET | Aug. 31, 2015

Need to price and sell a trade-in fast? Recently developed apps enables franchise dealers to get appraisals and purchase offers on their mobile devices or desktop computers for their used vehicles in an hour or less. .... Read More »

Loan terms for used vehicles grow as inventory becomes 'younger, pricier'

1:45 pm U.S. ET | Aug. 26, 2015

Loan terms on used cars and light trucks are ticking up as those vehicles, on average, become “younger and pricier,” according to The average loan term on a used vehicle stretched to 66.2 months in the second quarter, up 1.1 month from the year-earlier period. At the same time, the average transaction price rose 7.6 percent to $18,800, the company says in a new report.... Read More »

Average age of U.S. fleet hits record 11.5 years, IHS says

7:00 am U.S. ET | July 29, 2015

The average age of light vehicles on the road in the U.S. reached a new all-time high of 11.5 years at the end of 2014, while the total light vehicles in operation hit a record 257.9 million, up 2.1 percent from 2013, IHS Automotive said today.... Read More »

Volvo, industry flex their CPO sales muscles

12:01 am U.S. ET | July 27, 2015

At the half-year mark, industrywide sales of certified used vehicles stood at 1,275,411, up 13 percent compared with the same period last year. The industry sold 212,843 certified units in June, an 18 percent increase over June 2014.... Read More »

Car haulers fight driver shortage

12:01 am U.S. ET | July 25, 2015

Long wait times to pick up cars and paperwork contributes big-time to car-hauler driver job dissatisfaction. It is among the reasons the car hauling industry has a shortage of about 3,000 drivers.... Read More »

FTC probes GM over possible CPO sales without recall fixes

6:03 pm U.S. ET | July 23, 2015

The Federal Trade Commission is investigating GM because some of its dealerships advertised certified used vehicles that hadn't received recall-related repairs.... Read More »


All states must get on board to close title-washing spigot

12:01 am U.S. ET | July 20, 2015

A critical tool in preventing vehicle title-washing fraud can't work as intended because some states don't participate. States should link into the federal vehicle title-checking system to protect motorists' lives and pocketbooks.... Read More »

Curse of the $16.5 million Ferrari pits tycoon against an auction house

July 11, 2015 06:15 CET

Following 16 years of lawsuits and ownership claims from Paraguay to Switzerland, the fate of a 1954 Ferrari 375 Plus roadster, which Victoria's Secret founder Les Wexner thought he bought last year for 10.7 million pounds ($16.5 million), is finally coasting toward resolution in a London court.... Read More »


BLOG: Startups just keep coming in the used-car market

7:14 am U.S. ET | July 9, 2015

In case you missed it, this week brought more reminders that the used-car market is in flux.... Read More »

Used-vehicle prices rise after 4 down months, Manheim says

2:55 pm U.S. ET | July 8, 2015

Wholesale prices of used vehicles in June were up slightly after four consecutive months of decline, the Manheim Used Vehicle Value Index released today shows.... Read More »

Trouble selling grandma's cars sowed seed for $1 billion startup

6:35 am U.S. ET | July 7, 2015

Auto1 values and buys used cars from individual sellers based on its own inventory and that of dealerships and manufacturers that use its platform. It then sells them on for a higher price to dealerships.... Read More »

J.D. Power completes NADA car guide purchase

2:37 pm U.S. ET | July 1, 2015

J.D. Power completed its acquisition of NADA's Used Car Guide today after receiving approval from U.S. regulators.... Read More »

No seat unturned in flood-damage search

12:01 am U.S. ET | June 29, 2015

Since torrential downpours hit Houston in late May, Bob Sluss has been extra vigilant about leaving no stone - or seat - unturned when appraising used vehicles. Sluss has seen a spike in trade-ins with water damage that was not disclosed by their owners.... Read More »

CarMax makes big plans for smaller markets

12:01 am U.S. ET | June 29, 2015

CarMax Inc. plans to expand its reach by opening smaller stores in smaller markets, said CEO Tom Folliard. He said the used-vehicle powerhouse has identified at least 80 markets that will support stores that are downsized from typical CarMax outlets.... Read More »

CarMax average retail selling price dipped 1.6% in Q1

1:09 pm U.S. ET | June 19, 2015

The average retail selling price of a CarMax used vehicle dropped 1.6 percent to $19,851 in the company's fiscal first quarter that ended May 31.... Read More »

Toyota tops in retained value, awards show

12:01 am U.S. ET | June 18, 2015

Toyota Motor came out on top in's annual Best Retained Value Awards, nabbing a brand-level award and four model-level awards. The awards recognize brands and nameplates that have the highest projected residual values after five years compared to their average transaction prices when sold new.... Read More »

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Special Video Report
Hillside Honda rewards: Paid vacations, Rolex watches, family atmosphere

Hillside Honda rewards: Paid vacations, Rolex watches, family atmosphere

Thirty is a special number at Hillside Honda in New York City. Sales staffers who sell 30 rides a month get a $1,000 paid vacation and three extra days off.
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