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Price Drops at Auction, Expect more of the same next week?

2015-07-29T12:27:18+00:00 By |Categories: Auction News|Tags: , , , , , |

According to the latest edition of Black Book Market Insights, overall prices for cars at auction dropped by 0.62 percent or $73 last week, which was higher than the average declines seen over the previous four weeks. Trucks, on the other hand, saw values fall by just 0.27 percent or $44 last week, which is in [...]

Reduce Photo Size for Faster Upload to Your Auction Software

2015-07-20T14:27:28+00:00 By |Categories: Bid Sale Marketing|Tags: , , , , , , , , , , |

Don't Burn Through Your Data Plan. I love using my iPhone to take photo's and video of the cars we are posting to our AuctionSimplified.com dealer auction software and wholesale marketplace. The only problem is the default resolution of my phone camera is 8 megapixels. If you are on a Samsung or other Android devices, it [...]

Car prices fell by 0.76 percent or $94

2015-07-21T12:07:57+00:00 By |Categories: Auction News|Tags: , , , |

Sporty cars and trucks were the only segments to withstand stronger downward pressure on wholesale prices at auctions. These two groups remained ahead for price retention, while most other car values experienced steeper declines. In fact, car prices fell by 0.76 percent or $94, which is the largest decline seen in 52 weeks, according to Black Book’s [...]

CarMax Sales Raise Caution on Auto Pricing

2015-06-28T17:43:22+00:00 By |Categories: Auction News|Tags: , , , |

Used vehicles sales rose less-than-expected 9.3% and average transaction price slipped By JOHN D. STOLL and CHELSEY DULANEY WSJ A big used-car retailer said on Friday that its average selling prices slipped 1.6% in the fiscal first quarter, a caution flag for a U.S. auto industry that has relied on rising used-vehicle prices to prop up [...]

The premium sporty cars increase in Value by $76 according to Black Book

2015-06-28T17:36:46+00:00 By |Categories: Auction News|Tags: , , , |

Though pickups have been strong when it comes to price retention most of the spring, another segment joined them this past week: the premium sporty cars. According to the latest Black Book Market Insights report, premium sporty cars began picking up in price this past week at auction, a trend which is expected during the summer [...]