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.
