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Fuel Prices Coming up but Not Enough to Change Used-Car Values

2015-06-04 07:19:45| AutomotiveDigest.com - Automotive Industry News

Sean Foyil Senior Analyst, Vehicle Valuation Kelley Blue Book The downturn being seen in used-car values comes as no surprise for this time of year. Off-lease supply is expected to negatively impact values further as they begin to return to the market later this year. Fuel prices in May increased 15 cents, or 6.2%, on […] The Article Fuel Prices Coming up but Not Enough to Change Used-Car Values appeared first on Automotive Digest.

Tags: change prices coming values

 

Used-car prices climbed because demand exceeded supply; imbalance is likely to ease

2015-05-30 13:56:52| Auto Dealers - Topix.net

Auto salesman Steve Walker, top right, talks to Henry Nguyen as Nguyen's brother, Son Le, sits in a used Mercedes at Ricart Used Car Factory in Groveport. New-car sales plunged in the economic downturn, decreasing the number of available used cars.

Tags: to prices supply demand

 
 

Used-car sales set to surge

2015-04-20 02:59:33| Auto Dealers - Topix.net

Potential buyers of second-hand cars have a wide selection to choose from as the struggling economy leads to more cars being seized and auctioned.a The used-car sector expects a vibrant market this year as fewer buyers are likely to afford new cars due to current economic constraints. Pinyo Tanawatcharaporn, secretary-general of the Association of Used-Car Dealers, said second-hand car entrepreneurs saw promising prospects, with the new-car market being sluggish since 2013.

Tags: set sales surge usedcar

 

DeWine sues Columbus used-car dealer over auto titles

2015-04-07 09:05:34| Auto Dealers - Topix.net

The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day.

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Used-car dealers increase even as market declines

2015-03-25 06:54:54| Auto Dealers - Topix.net

Despite an increase in the number of players in the sector, the used car market saw a decrease in the number of vehicles imported for January to December 2014, closing the period at 11,350 vehicles, down from the previous year's 11,800. Sales were also negatively impacted by decreased consumer spend, leaving dealers with inventories "that are moving too slow for comfort," president of the Jamaica Used Car Dealers Association , Lynvalle Hamilton, said at the association's annual general meeting in Kingston last week.

Tags: market increase dealers declines

 

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