Wholesale
RVI Group: Four-Year Used-Price Climb on Horizon
Monday, Jan. 4, 2010, 03:59 AM
Auto Remarketing
STAMFORD, Conn. — Used-car prices are likely to climb 5 percent this year and continue to show growth through the next four years, according to the RVI Group. The company is anticipating the year-over-year upswing in used prices to reach a peak of 13-percent in 2012 before starting to stabilize. Specifically, the RVI forecasts that the Manheim […] [Read More]
CarMax Names Most-Searched Vehicles of 2009
Monday, Jan. 4, 2010, 03:58 AM
Auto Remarketing
RICHMOND, Va. — CarMax found that used-vehicle shoppers coming to its Web site in 2009 had diverse tastes. While the Honda Accord was again the most sought-after vehicle, newcomers such as the Jeep Wrangler and Chevrolet Silverado broadened the scope of potential purchases. CarMax officials determined that the Honda Accord topped their list of most-searched vehicles […] [Read More]