Manheim Used Vehicle Value Index Sees Another Strong Decline as Market Continues To Slow
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3.0% in September from August.
3 Reasons Auto Appraisals Shouldn’t Be Up to Managers Alone
Having salespeople handle appraisals allows the dealership to jumpstart their recon to retail timeline and get vehicles moving swiftly through the recon workflow process on their way to the lot and into the garages of their customers.
Latest Manheim Used-Vehicle Data Shows Signs of Market Normalcy After Unprecedented Run in 2020 and 2021
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.3% in June from May.
Cox Automotive’s Upside Delivers Over $1 Million in Profit Share to Sellers
The Upside Direct sales have delivered such significant value to sellers that Cox launched the program in more markets.
Rapid Recon Releases Mobile-Based Multi-Point Inspection Suite
Recon Inspect connects fixed and variable operations by linking vehicle inspection to a printable, sharable customer-ready form, complete with dealer logo.
Cox Automotive’s Upside Delivers a Vibrant Wholesale Marketplace with Advantages for Buyers and Sellers
First Upside Direct sales deliver enhanced profitability to sellers and value to buyers looking for much needed inventory.
After Slow First Quarter, Manheim Forecasts Used-Vehicle Market To Accelerate in Months Ahead
Wholesale used-vehicle prices (on a mix-mileage and seasonally adjusted basis) declined 3.3% month over month in March. This brought the Manheim Used Vehicle Value Index (MUVVI) to 223.5, an increase of 24.8% from a year ago. The non-seasonally adjusted price change in March increased 0.6% compared to February, leaving the unadjusted average price up 23.2% year over year.
NADA 2022: Velocity Automotive Is Automating Dealership Success
The Velocity Automotive platform is about taking the dealer from recon to retail, with window stickers, a recon tool and a digital portfolio tool that markets the vehicle after it goes through recon.
KBB Instant Cash Offer’s Features Combat Inventory Shortage
NADA at a glance: Cox Automotive Launches Dealer Boost, Reserve Offers and Contact Center for Kelley Blue Book® Instant Cash Offer.
Dale Pollak’s Latest Book Reveals a New Way to Wholesale Vehicles for Dealer
Dale Pollak, debuts his sixth book, Whole Truth: A Fresh Money-Making Method to Wholesale, the Most Misunderstood Side of Your Business. The book details the reasons wholesaling vehicles for dealers has historically been a break-even or money-losing proposition, and it introduces a new method for dealers to wholesale vehicles to build a second barrel of money-making opportunity in their used vehicle departments.