Beepi's new service will buy older carsMon, 26, Sep 2016
Beepi, an online used-car marketplace that competes with dealerships, is looking to expand into older used cars. The new service, called Beepi Blue, will buy those cars from private individuals and sell them at wholesale auctions.
Industry-trouncing Kia expects big boost in CPOMon, 26, Sep 2016
Kia expects to sell 75,000 CPO units this year. More off-lease vehicles, more CPO listings online and more full-time CPO reps calling on dealers can make that happen, said Kia's manager of CPO and remarketing.
CarMax quarterly earnings fall 5.7%Wed, 21, Sep 2016
CarMax's quarterly earnings dropped 5.7 percent, as customer demand leaned toward older, less expensive used vehicles, the retailer said. It also said a test to deliver used vehicles to customers' homes rolled into Charlotte, N.C.
Shift Finance targets dealerships, private salesWed, 21, Sep 2016
Captive lender Shift Finance, and its parent, peer-to-peer used-car marketplace Shift Technologies Inc., have high ambitions.
Will prime buyers dent service plans?Wed, 21, Sep 2016
Consumers' trend toward used cars, especially certified pre-owned, could eventually slow the growth in sales of extended service contracts.
Online used-car retailer Vroom gets $50 million in new fundingTue, 20, Sep 2016
Online used-car retailer Vroom raised $50 million in a funding round from existing and new investors, bringing the total funding to $218 million.
Cars.com adds VIN scanning to appMon, 19, Sep 2016
Cars.com is making shopping more interactive for consumers perusing dealership lots.
Waiting for used-vehicle prices to fall? Not yetThu, 08, Sep 2016
Used-vehicle prices, drawing strength from dealers' efficient used-car operations and higher new-vehicle transaction prices, continue to defy the gravitational pull of a growing supply of off-lease vehicles.