Top Stories of the Week at AutoRemarketing.com
CARY, N.C. — Showing how much dealers and auction executives want to know about the future, one of the top stories this week at AutoRemarketing.com discussed how the used-vehicle market might behave for the rest of the year.
Another leading story from the week shared an update on congressional debate that could dramatically alter dealer-assisted financing.
The top five stories from AutoRemarketing.com this week are:
1. What's in Store for Used-Vehicle Market?
WASHINGTON, D.C., and BANDON, Ore. — Although used-vehicle prices maintained their hike during March and high values seem likely to stick around, a few factors on the new-car side could …
2. NADA: Dealer-Assisted Financing Being Debated Again by Congress
WASHINGTON, D.C. — The National Automobile Dealers Association repeated its warning on Monday about the possibility of dealer-assisted financing coming to an end if …
3. Manheim Used Vehicle Value Index Reaches Record High
ATLANTA — A rise in the March Manheim Used Vehicle Value Index to a record level even took Tom Webb by surprise when he discussed the wholesale market during his quarterly conference call on Wednesday. The index climbed to …
4. AAA: Fuel Costs Accelerate Depreciation for Some Segments
ORLANDO, Fla. — As the price of gas rises at the pump, in addition to driving up the cost of ownership for operating vehicles, it has also apparently had a negative impact on the resale values and …
5. KBB Sees Strong Used-Vehicle Values, Demand Continuing
IRVINE, Calif. — Values grew in all segments in March, and this trend is expected to continue into the second quarter, particularly on compact and subcompact models, Kelley Blue Book reported Tuesday. Interestingly, while March is generally a strong month for values, KBB discovered that …
Editor's Note: For more, stay tuned to the Auto Remarketing Today daily e-newsletter for the latest breaking news in the industry. Also, visit our sister publication, SubPrime Auto Finance News, to learn more about the trends and challenges facing the auto finance industry.