About 40% of dealers in the US and Canada, wholesale cars direct to used car lots, wholesalers and junk yards. But a new trend has emerged, mostly in the NE called the bid sale. Take a look
I recommend that you take a look at CarFax’s history based value it is a beta product from Carfax and in my opinion a great tool to have in your appraisal arsenal. We had the pleasure of meeting Carfax at our booth at the NADA conference in April, where they … Read More
Smart Phones: The Tool of Choice for Used Car Wholesale Managers AuctionSimplified.com reciently concluded a two-month study on wholesale buyers, determining whether or not they are using smart phones or desktops to browse their sites. They found that used car sourcing managers show a particularly strong connection to their mobile devices. In fact, … Read More
Gas prices seemed to have stabilized over the last few weeks and actually dropped back to prior weeks levels. What is more interesting is how diesel prices are now equalized with gasoline. In the auction market, electric cars have paid the price. “They are cold as heck” said one dealer … Read More