Tag: wholesale
The best ways to position your inventory going into the colder...
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 the...
What’s the reason behind fluctuating wholesale values?
Wholesale values fluctuated significantly throughout the past month leaving many of you wondering what this means for you, the industry, and why it is...
Is having a wholesale profit a bad thing nowadays?
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 the...
How will the recent hurricanes affect the used car market?
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 the...
Dealers see used inventory prices continue to climb at auction
The Used Vehicle Value Index published by Manheim reports that total used vehicle sales were up 69% year over year in April, pushing the...
Record high wholesale prices reflect tight used inventory, strong sales
The cost per unit to purchase inventory for the used car lot continues to increase as the second quarter of 2021 kicks off. The...
KAR Global makes digital waves by acquiring BacklotCars
KAR Global announced a definitive agreement to acquire BacklotCars Inc. According to a KAR Global, the deal is still subject to certain regulatory approvals...
How EBlock is Bringing Auctions into the Future by Combining Traditional...
Recently, the CBT Automotive Network was on-location at NADA 2020 in sunny Las Vegas where host Jim Fitzpatrick spoke with Jason McClenahan, President and...
What an Increased Demand in Used Vehicles Means for Your Dealership’s...
It’s no secret to anyone that vehicle affordability issues continue to arise, and that means more customers are looking to purchase used cars. Here...
NADA 2019: Manheim, Ed Berkowitz
Ed Berkowitz, Vice President of Product Management at Manheim, joined us on stage at the NADA 2019 Show. We spoke with him about the buzz circulating around wholesale,...