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Used Car Prices Will Fall, but it that Really Bad News?
2013-09-26 18:29:41| AutomotiveDigest.com - Automotive Industry News
Theres a consensus emerging that prices will be softening later this year due to off-lease returns and from other sources according to two leading experts on used vehicle valuation. The strong used car price environment looks like it will be changing; however, it should be considered from a big picture vantage point prices might drop but still be fairly high. And there are other elements of profitable used car sales for dealers that are happening out there in most markets. As for right now, used prices are strong according to Art Spinella and Jonathan Banks. Another interesting development was that International Automotive Remarketers Alliances (IARA) standards committee has drafted a template to help financial institutions comply with rules being set by the Consumer Financial Protection Bureau. This weeks Used Car Market Reports tracks some very interesting remarketing trends..The Article Used Car Prices Will Fall, but it that Really Bad News? appeared first on Automotive Digest.
Car prices raised, even as discount spree continues
2013-09-21 22:06:57| Auto Dealers - Topix.net
Car sales in August were up after a long hiatus largely on the Maruti Suzuki's low base last year.
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VIDEO: Used car prices up 10% in year
2013-09-18 10:50:13| BBC News | Business | UK Edition
More than 1.25 million used cars are expected to be sold in next three months.
Where Are Used Car Prices Headed and What Does that Mean for Dealer Profits?
2013-09-16 22:37:47| AutomotiveDigest.com - Automotive Industry News
Used car prices have been fluctuating this year in wholesale and retail transactions. Skyrocketing prices that occurred in the first half of 2011 have been bobbing up and down since that time. What are the forecasts for the rest of this year, along with other metrics that shape remarketing profits? Supply is increasing, and theres debate over whether that means prices will be strengthened or weakened. Supply growth is coming from off-lease vehicles, rental return, commercial fleet lease, and more aggressive lending. Theres differing forecasts coming from remarketing experts. Heres what expert are saying, along with a few trends to track as the year progresses..The Article Where Are Used Car Prices Headed and What Does that Mean for Dealer Profits? appeared first on Automotive Digest.
Rising car prices: In tough times, used looks better
2013-09-16 18:27:47| Auto Dealers - Topix.net
As the economy navigates a slowdown, consumers are moving away from the fancied car market and in the five-month period between April and August of the current financial year.
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