Tag: Auctions

Dorchester shooting luxury car fraud scheme – NBC Boston

Two men are facing indictments in connection to a fraud scheme in which they would acquire luxury cars from auto auctions and steal them across multiple counties in Massachusetts, Attorney General Andrea Joy

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Wholesale Used Car Prices Fall

The news hasn’t been great for used car shoppers lately, but we have one positive development to report. The wholesale prices car dealers pay for the used cars they later sell to shoppers

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Shannons says goodbye to classic car auctions in Australia

Shannons is widely known as both an insurer and an auction house, but it’s dropping one of those businesses. The company has confirmed it will end its auction business in Australia after four

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Three Charged in Multi-Million Dollar Auto Auction Fraud Scheme

A federal grand jury returned an indictment last week against three individuals who allegedly established a scheme to defraud a used automobile auction business in Tennessee. The defendants defrauded the Dealers Auto Auction

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Wholesale Used Car Prices Back on the Decline

Used car prices could grow volatile late in 2023. This summer, they remained relatively high, as dealers were short on used cars to sell. But an important signal suggests they could come down

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Omi in a Hellcat’s Lamborghinis, Super Bowl ring up for auction

South Jersey YouTube star “Omi in a Hellcat” built his sizable online following with a steady churn of videos flaunting his fleet of luxury cars and collection of diamond-encrusted bling. Now, federal authorities

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Sotheby’s Motorsport to Auction Two Luxury Vehicles from World-Renowned Ikonick Collection

MIAMI and BLENHEIM, ONTARIO (Oct. 12, 2023) – Sotheby’s Motorsport, the new joint venture between the automotive lifestyle ecosystem duPont REGISTRY Group and luxury auto auction house RM Sotheby’s, today announced two new

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John Lewis stops insuring electric cars over repair cost fears

According to Copart, an auction platform, around half the low-mileage electric vehicles it has salvaged have suffered minor battery damage. The battery is also generally the most expensive part of an electric car

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How to sell your second-hand car in Australia

Key Points There are three car-selling avenues in Australia: person-to-person, through a dealership or via auction. Things to consider when selling privately, include pricing, any repairs needed beforehand and in certain states a

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More drivers want cars under $50,000. How to find a cheap new vehicle

Car shoppers are showing more interest in vehicles selling under $50,000, according to car site Edmunds. That reverses a recent trend that saw shoppers splurging on higher-end models with more features. But cars

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