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CarDr.com finalizes integrations with Manheim, KBB & AutoCheck

CarDr.com finalizes integrations with Manheim, KBB & AutoCheck
autoremarketing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoremarketing.com Daily Mail and Mail on Sunday newspapers.

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Buying a car in southeast Iowa? Here's why they're hard to find


The Hawk Eye
WEST BURLINGTON Dan Wenig finds himself spending more time on the road these days in search of used vehicles to buy for his lot in West Burlington. 
I ll try to hit two today, Wenig, who co-owns Family Motors Inc. with his wife, Becky, said Wednesday during his three-hour journey from Morton, Illinois, where he had gone for a dealer sale he doesn t normally attend, to another in Mount Vernon, Illinois. I typically go to buy cars three days a week, and it s getting harder and harder.
Up until the past year, Family Motors inventory typically consisted of 40 to 50 vehicles. Now, Wenig considers himself lucky to have 15 displayed on his West Agency Road property. ....

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Used car prices soaring to record highs amid production and rental car disruptions


If you re looking for a used car, brace yourself for a tough road ahead.
It s going to be harder to find exactly what you want, and it s likely going to cost more.
Some used car dealerships in Northwest Indiana have had their lots stripped clean during the coronavirus pandemic, while new car dealerships have been selling more and more used cars while they wait on more new inventory to arrive.
The coronavirus pandemic has caused a worldwide semiconductor shortage that s disrupted the production of new vehicles and played havoc with how car rental companies normally resupply the used car market. Used car prices have been soaring, and pre-owned vehicles — whether gently used or well-worn — are in tight supply. ....

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Wholesale vehicle prices at record high


Wholesale vehicle prices at record high
Monday, Apr. 12, 2021, 03:00 PM
By Auto Remarketing Staff
ATLANTA  - 
It’s one thing for wholesale vehicle prices to “bounce” this time of year. But what happened last month was a “leap,” says Cox Automotive chief economist Jonathan Smoke.
After increasing 26.2% year-over-year, the Manheim Used Vehicle Value Index reached an all-time high of 179.2, according to a news release from Cox Automotive.
The month-over-month gain in March was 5.87% (mix-, mileage- and seasonally adjusted).
“It is not uncommon to see a spring bounce in wholesale prices, but a 26.2% increase is a leap by any measure,” Smoke said in a news release. “We continue to experience high demand and limited supply. ....

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