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 used SAAR for the month up...
TSLA383.490-2.98%
GM76.7950.685%
F11.9500.05%
RIVN12.215-0.245%
CYD23.860-1.63%
HMC34.4950.525%
TM197.9003.04%
CVNA58.895-0.295%
PAG212.1100.06%
LAD285.00015.87%
AN157.6104.6%
GPI239.96015.11%
ABG168.2904.24%
SAH62.8352.155%
TSLA383.490-2.98%
GM76.7950.685%
F11.9500.05%
RIVN12.215-0.245%
CYD23.860-1.63%
HMC34.4950.525%
TM197.9003.04%
CVNA58.895-0.295%
PAG212.1100.06%
LAD285.00015.87%
AN157.6104.6%
GPI239.96015.11%
ABG168.2904.24%
SAH62.8352.155%
TSLA383.490-2.98%
GM76.7950.685%
F11.9500.05%
RIVN12.215-0.245%
CYD23.860-1.63%
HMC34.4950.525%
TM197.9003.04%
CVNA58.895-0.295%
PAG212.1100.06%
LAD285.00015.87%
AN157.6104.6%
GPI239.96015.11%
ABG168.2904.24%
SAH62.8352.155%
wholesale
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 Manheim Used Vehicle Index for March...
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 and other customary closing conditions before...
How EBlock is Bringing Auctions into the Future by Combining Traditional and Digital Experiences – Jason McClenahan, CEO
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 CEO of EBlock.
VIDEO TRANSCRIPT:
Jim Fitzpatrick: So...
What an Increased Demand in Used Vehicles Means for Your Dealership’s Wholesale Acquisition Strategy – Patrick Janes, vAuto
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 to tell us how the increase...
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, Manheim's focus on digital tools, and...
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