As used electric vehicles become common, the largest auto auction houses grapple with how to value a car after factoring in the gradual degradation of aged batteries, which typically last eight to 10 ...

Buying a used vehicle from an auction is a viable way to get a new ride. However, these are the benefits and downsides you ...

The wholesale auction landscape is undergoing a transformation as the business grapples with a major digital shift, new competitors, defecting dealer customers, shrinking vehicle inventories and ...

Used-car prices, which analysts are watching for signs of more general price inflation, edged higher again. The trend mirrors higher new car prices, too. A computer chip shortage has cut into new-car ...

A sign advertises cash paid for used cars. Used-vehicle prices at wholesale, dealer-only auctions in December 2021 ended the year an eye-popping 48.1% higher on average than December 2019, before the ...

The popularity of salvage car auctions has increased recently because of their distinctive viewpoint on the business and environmental elements of the automobile industry. These auctions, in which the ...

Once the 2011 Impala has been rolled into place, the bidding begins immediately. Standing near the back, by the free earplug dispenser, I make eye contact with the auctioneer, and quickly look away: ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

PHOENIX - Used car prices are on the rise, and there's a big delay in the manufacturing of new cars because of a global chip shortage. Because of this, more people are turning to auto auction ...

There's a rental-car shortage in the US that's causing fleets to be booked out or booked at high prices. Companies are scrambling to regrow fleets amid high used and new car prices caused by the chip ...