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In May, wholesale used-vehicle prices experienced a notable decrease, which fell to 197.3, marking a 12.1% drop from last year.

May sees a decline in wholesale used-vehicle prices amid seasonal trends

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In May, wholesale used-vehicle prices experienced a notable decrease, according to the Manheim Used Vehicle Value Index (MUVVI), which fell to 197.3, marking a...
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

Used vehicle inventory rises in May as tax refund season fails...

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According to Cox Automotive's analysis of vAuto Live Market data, the inventory of used vehicles at the start of May increased compared to April....
Dave Thomas

Results of CDK Global’s latest Ease of Purchase Summary – Dave...

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Is the process of buying a car still difficult for consumers, despite the technology boosting digital retailing? Recently, CDK Global released its December Ease...
used-vehicle prices

Wholesale used-vehicle prices decrease in June, supply stabilizes

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According to the latest Manheim used-vehicle data, wholesale used-car prices dropped 1.3% from May to June. The supply of used cars has returned to...
Mike Jackson

Mike Jackson talks about AutoNation’s record-breaking quarter and how AN sources...

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On this special edition of CBT News, Jim Fitzpatrick sits down with Mike Jackson, CEO of AutoNation to discuss the company's six straight record-breaking...

Wholesale used car prices are beginning to go down. Here’s how...

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In recent months, there has been a surge in demand for used vehicles, but how long will the used car market continue to boom?...
marketing used cars

How this PA car dealer is navigating private-party acquisitions and developing...

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Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
Banks

J.D. Power’s Jonathan Banks on the future landscape for new and...

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Will the used car market continue to grow? On today’s show, we’re pleased to welcome Jonathan Banks, Vice President and General Manager for Vehicle...
used car leasing

The top 3 ingredients for used car management during tough market...

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Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
Price

What is bucket management and how does it affect used car...

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Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...