Reused Vehicle

Manheim says September used-vehicle prices up, but expected to moderate

4:54 pm U.S. ET | Oct. 7, 2013
The Manheim Used Vehicle Index rose in September for the fourth month in a row, capping its strongest quarterly gain since the middle of 2011, Tom Webb, Manheim's chief economist, said Monday....
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CarMax profits grow; more used-car stores on the horizon

11:38 am U.S. ET | Sept. 24, 2013
CarMax today said its net profits rose 26 percent to $140.3 million in its fiscal quarter that ended Aug. 31, vs. the year-earlier period. The company's revenue grew 18 percent to $3.25 billion....
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Leases buoy market, add factory risk

12:01 am U.S. ET | Sept. 23, 2013
Leasing is back in a big way – and that comes with risks as well as rewards. Through June, almost 26 percent of new-vehicle deals in the United States involved a lease, up from 21 percent for all of 2010 and way up from the recession trough in 2009....
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New-car price tinkering can derail a residual in a hurry

12:01 am U.S. ET | Sept. 23, 2013
Residual values are simply predictions of future used-vehicle values. Anything that changes new-vehicles prices can change used-vehicle prices....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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