Tag: Auctions

Wholesale Used Car Prices Rising Again

The wholesale prices car dealers pay at auction for the used cars they later sell rose slightly in August. That’s bad news for used car shoppers. Retail prices often follow wholesale prices, making

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1972 Buick Riviera on Bring a Trailer Is One Bodacious Boattail

Far more charismatic than anything in Buick’s current all-SUV lineup, this swaggering coupe hails from an age when Buick cranked out hits. The iconic boattail styling still looks great half a century after

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Used vehicle prices may have bottomed for 2023

Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains elevated from historical

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The Used Car Market Won’t Be Normal Again For Years

There was a time when you could walk into any used car dealership and find a two- or three-year old car in reasonable condition at a decent price. Those days are over, for

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Wholesale Used Car Prices Stop Falling

Dealers paid slightly more at auction in the first 15 days of August for the used cars they later sell. The news ends a long slide in wholesale prices and could foretell that

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Aussie links to Monterey Car Week

MONTEREY Car Week is more than an auction and a bunch of classic and vintage cars parked on a golf course being ogled by crowd of wealthy collectors. It has become so big

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Will These Be the 11 Most Expensive Cars Auctioned at Pebble Beach?

Brett Berk (he/him) is a former preschool teacher and early childhood center director who spent a decade as a youth and family researcher and now covers the topics of kids and the auto

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Rhode Island car dealerships to pay $557,000 for deceptive sales

The July agreement also alleged the three Grieco stores violated the Deceptive Trade Practices Act, charging customers more for vehicles than the price advertised on their website, later adding addendum fees and describing

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Wholesale used car prices dropped again—what that means for bargain shoppers

Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. That’s news, mainly because wholesale prices were already down more than

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Wholesale Used Car Prices Still Dropping

Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. That’s news, mainly because wholesale prices were already down more than

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