A used car dealer is sounding the alarm about the state of the car industry, warning that dealers are going out of business ...
When searching for used-vehicle inventory through wholesale avenues, Ricart Automotive Group would typically cast a net about 200 miles in any direction from its Columbus, Ohio, base. That meant ...
The used car market is improving. While the predicted crash due to rising interest rates and a shaky economy never materialized buyers are starting to find pre-owned prices to be a bit more reasonable ...
Franchised automobile dealers are contending with a dearth of off-lease vehicle returns in 2024 and 2025. This sets the stage for more competition for inventory and higher costs to acquire — ...
Wholesale price/trade-in value. This is essentially a car's trade-in value to a dealer, who will likely sell it to someone ...
Dealer used car inventories reached their highest level of the year in October, according to Motors Market View.