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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

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3 industry leaders inducted into Used Car Week Hall of Fame

Auto Remarketing

To celebrate the 25th anniversary of Used Car Week, Cherokee Media Group has launched the UCW Hall of Fame to recognize executives who have played an important role in the development, growth and success of Used Car Week over time. 18 in Scottsdale, Ariz. 18 in Scottsdale, Ariz. Listen to the conversations below.

Used Cars 105
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A Comprehensive Guide: What to Look Out for When Buying a Used Car

Auto Service World

Buying a used car can be an exciting yet daunting experience. … The post A Comprehensive Guide: What to Look Out for When Buying a Used Car appeared first on Auto Service World.

Used Cars 211
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Making sense of February’s used-car retail prices

Auto Remarketing

Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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Buying a Used Car: Mileage vs. Age, What’s More Important?

Auto Service World

When purchasing a used car, it is important to take into account both the mileage and age of the vehicle. These two factors are vital in evaluating the condition of the car. In this article, we will explore the importance … The post Buying a Used Car: Mileage vs. Age, What’s More Important?

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How to Crush Used Car Sales: Leadership, Knowledge and Control

AutoSuccess

With tight supply and a flat-feeling used market, I asked, how did he turn it into the driver of his record month? The reason most salespeople struggle to push used cars isnt because they dont want to its because they dont understand how to sell what they dont know. Lot walks are non-negotiable.

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Accurate Appraisals: The Key to Predictable Profit in Used Car Sales

AutoSuccess

In today’s competitive used car market, dealerships can’t afford to rely on guesswork during vehicle appraisals. Inaccurate appraisals can hurt profits before the car even hits the lot. In the used car market, predictability is the foundation of profitability. With margins tightening, precision becomes essential.