Tax Season: Early Start, A Big Deal For Used Car Dealers

2016-01-06T18:29:47+00:00 By |Categories: Bid Sale Marketing, Featured, Increase Wholesale Car Auction Profit|

Winter... the new spring market The spring market can represent as much as 50% of an independent used car dealer's business for the year. Why? Because it's the time that consumers receive tax returns which help with down payments. For many dealers, they kick in their marketing and stockpiling for the spring market too late, assuming that [...]

Black Book data, car values fell $40

2016-01-06T18:29:47+00:00 By |Categories: Auction Blotter|

According to Black Book data, car values fell by 0.33 percent or $40 last week, while truck values dropped by 0.36 percent or $62. Last week, all the car segments Black Book tracks had higher week-over-week depreciation rates, except for the prestige luxury segment, which remained stable. The near-luxury car segment saw the largest depreciation among [...]