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Month: March 2017

Feb. Used Prices Hold, Mobile Auctions Grow, Declutter Your Dealer Site, and a Jeep-sicle

Feb. Used Prices Hold, Mobile Auctions Grow, Declutter Your Dealer Site, and a Jeep-sicle

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That chilly blast of weather that just hit the U.S. sets the tone for this week’s news roundup. First, used car prices stay on ice for Feb. 2017, says Cox Automotive. Prices nudged down slightly from last month but up from last year, creating almost no net movement. Cox also says that wholesale auction lots are getting snowed under with inventory, causing them to look to simulcast mobile auctions that help move cars quicker. Then, we have some advice for…

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Consignor Companies Strategize Huge Off-Lease Volumes, Unfixed Recalls a Growing Problem, Hyundai Genesis a Great Value, and Oscar-Worthy Cars

Consignor Companies Strategize Huge Off-Lease Volumes, Unfixed Recalls a Growing Problem, Hyundai Genesis a Great Value, and Oscar-Worthy Cars

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Coming off of an Oscar’s night filled with more glamour and confusion than a Karl Lagerfeld birthday party, we have some interesting stories to lead you into the month of March. First off, we have some interesting strategies from cosigners on how to deal with the record-breaking off-lease volume coming down the pipes. Next, a word of warning to dealers doing trade-ins: check to see if recall problems were fixed first. A new report says a growing number aren’t, 34%…

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