Reused Vehicle

JAMES B. TREECE

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....
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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....
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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....
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Toyota tops in retained value, Edmunds.com awards show

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

Toyota Motor came out on top in Edmunds.com'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....
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CarMax criticized for selling cars with open recalls

1:45 pm U.S. ET | June 11, 2015

CarMax is under attack from consumer activist groups in California after a study found vehicles with open safety recalls for sale at two of its stores in the state....
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Texas floods may yield 10,000 damaged vehicles

9:54 am U.S. ET | June 5, 2015

As many as 10,000 vehicles may have been damaged in last month’s catastrophic Texas floods, and some could be resold out of state to unsuspecting buyers, according to a group that works to prevent insurance fraud....
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J.D. Power to buy NADA Used Car Guide

1:00 pm U.S. ET | May 28, 2015

The National Automobile Dealers Association has agreed to sell an 82-year-old institution, its Used Car Guide business, to J.D. Power. The deal is expected to yield shared cost savings and lead to more comprehensive data and new products....
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Whole lotta wholesalin' goin' on

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

Soaring new-vehicle sales for the last few years mean that used vehicles are more plentiful. Dealers have become more selective about the vehicles they stock, and more willing to wholesale the ones they cull....
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CarMax will step up store-opening pace

3:46 pm U.S. ET | April 2, 2015

CarMax said will open 13 to 16 new used-only stores each of the next three fiscal years, starting with the one that began March 1. That is up from the 10 to 15 stores a year it has opened since the recession....
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ARLENA SAWYERS

BLOG: Bidding goodbye to Black Book's Beggs

2:34 pm U.S. ET | March 31, 2015

After 34 years at Black Book, Ricky Beggs is retiring on April 1. That such a fixture of the used-car world would retire seems like an April Fools’ joke. But it’s not; he’s really retiring....
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JAMES B. TREECE

BLOG: Care about new-car sales? Keep an eye on CPO sales

12:53 pm U.S. ET | March 30, 2015

Can the robust CPO market handle the rising tide of used-vehicle supply? That's one of the critical questions facing everyone in the used-car market -- and the new-car market, too....
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Fewer photos prevents 'image fatigue,' used-car shopper report says

4:04 pm U.S. ET | March 24, 2015

Too many photos in online used-vehicle listings can cause “image fatigue” for consumers, a study released today found. The optimal number? Nine....
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Calif. recall bill would tighten used-car loopholes

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

California lawmakers are considering potentially precedent-setting legislation designed to protect consumers from unknowingly buying used vehicles that have been recalled but not repaired....
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Ford's new F-150 gets resale boost from fuel economy

10:26 am U.S. ET | March 12, 2015

The resale value of Ford's new 2015 F-150 pickup jumped more than 11 percent over last year's model as improved fuel efficiency outweighed concerns over repair costs for its aluminum body, according to TrueCar's ALG division....
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NICK BUNKLEY

BLOG: Why the F-150 pricing 'gravy train' will eventually slow down

3:35 pm U.S. ET | March 12, 2015

Even Ford executives admit being surprised at how fast transaction prices on pickups keep rising. Not that they're complaining, of course....
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ADESA bows out of multiple platform auction sales

7:52 pm U.S. ET | Feb. 23, 2015

After investing nearly two years and “several million dollars” to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital services....
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Black Book's Beggs to retire April 1

3:33 pm U.S. ET | Feb. 17, 2015

Ricky Beggs, senior vice president and editorial director for Black Book, will retire April 1, the company said today....
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Honda shines in Best Cars for the Money awards

12:01 am U.S. ET | Feb. 11, 2015

Honda claimed nearly a third of US News & World Report's 2015 Best Cars for the Money awards, leading a pack of mostly import winners....
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Hertz raises U.S. prices as fleet costs increase

5:16 pm U.S. ET | Dec. 23, 2014

Hertz Global Holdings raised prices for rental cars to be picked up January 1 or later. The stock had its biggest gain of the year, and Avis shares soared, too....
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ADESA doubles Q3 profits on growing auction volume

2:29 pm U.S. ET | Nov. 5, 2014

KAR Auction Services, parent of ADESA, said its third-quarter net income more than doubled to $47 million from $22 million a year earlier, on revenues that increased 10 percent to $589 million....
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THE GM RECALL

GM sued for $10 billion over losses on 27 million recalled cars

1:43 pm U.S. ET | Oct. 15, 2014

General Motors was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices....
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Pickups defy fall in used-vehicle prices

1:59 pm U.S. ET | Oct. 10, 2014

In September, overall used-vehicle prices fell for the fifth month in a row, but prices of used pickups rose sharply. It’s all part of a healthy overall market, said Tom Webb, chief economist at auction giant Manheim....
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Manheim rolls out program that lets dealers return vehicles

12:15 pm U.S. ET | Sept. 11, 2014

Dealers who buy almost any vehicle at a Manheim auction location also can purchase the right to return those vehicles for any reason for up 21 days or 500 miles, whichever comes first. The nation's largest auto auction company is now offering optional protection from DealShield, its sister company, that guarantees the purchaser a 100 percent refund of the purchase price plus buyer's fees if they choose to return the vehicle....
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