WEST PALM BEACH, Fla. — A long-standing South Florida-based used car dealership, Off-Lease Only, has filed for bankruptcy in the past week, leaving many surprised and hundreds out of work. Customers and those
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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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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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WEST PALM BEACH, Fla. — Off Lease Only, a used car dealership based in West Palm Beach, has closed all of its locations after filing for bankruptcy, putting 466 people out of work
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Mark Humphrey/AP/Shutterstock / Mark Humphrey/AP/Shutterstock Struggling to keep up with rising auto insurance rates? Drivers across the country are watching their car insurance premiums increase significantly based on factors they’re not able to
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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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A mammoth market change has triggered the price of a used car in Australia to fall by 12 per cent over the past year as motorists tighten their budgets. There are only a
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A major player in the used car industry abruptly shut its doors after filing for bankruptcy Thursday. Former Off Lease Only employees said they were let go Wednesday with little warning. Off Lease
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Consumer protection inspectors say the used car industry is rife with fraud and now one state is jacking up penalties to clean it up. If you’re in the market to buy or sell
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Jail time could be on the cards for dodgy dealers in South Australia who wind back odometers on used cars amid warnings digital devices are increasingly being used to scam motorists. Any dealer
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