Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.7% from March in the first 15 days of April, according to the midmonth Manheim Used Vehicle Value Index released April 18, which dropped to 231.7 and was down 4% from April 2022. The seasonal adjustment contributed to the decline. The non-adjusted price […]
ANN ARBOR, Mich. (AP) — With new and used cars still painfully expensive, Ryan Holdsworth says he plans to keep his 9-year-old Chevy Cruze for at least four more years. Limiting his car payments and his overall debt is a bigger priority for him than having a new vehicle. A 35-year-old grocery store worker from […]
Dealership groups on Automotive News’ annual ranking focused strongly on used-vehicle operations in 2022, seeking trade-ins and buying directly from consumers to pad used inventories and sustain sales. Honing their used-vehicle operations proved critical again last year for franchised dealership groups contending with slightly improved but not fully recovered new-vehicle production. Cavender Auto Family, of […]
A huge thank you to the Enterprise Holdings Foundation for working with us and donating $2500 to the Disabled American Veterans Charity. This donation is greatly appreciated.
We are proud to have raised $11,500 for this very important charity that helps thousands of disabled veterans each year. Thank you to our employees, customers and the DAV for making this campaign a success.
Do you have a 45 day supply of fuel efficient, inexpensive cars on your lot? We have been getting a lot of request for fuel efficient, inexpensive (under $10K) cars from our customers. Fuel prices are up on average to $2.87 per gallon with prices exceeding $3.30 in many states. Rental and fleet companies […]
For many of us in the Midwest, Summer is a welcomed time to get outside to enjoy the beautiful weather. For those who are in the car biz and Rental Car Biz it’s a busy time. Taking advantage of the summer season can make or break your year. Inventory becomes a little scarce around this […]
We will help stock your used car lot with vehicles that will lift your profits! Tired of paying big auction fees when you purchase units for your used car lot? Most dealers use rental cars to stock their used car lots. Has your local auction dried up with these cars? How much time does it […]
A good used car manager knows what’s going on in their market generally within 100-150 miles.
A quick tutorial on how rental fleets buy/sell cars. Right after Labor Day, car rentals slow down.
