Have you wondered whether you could get a real bargain on a car by shopping at a used-car auction — bypassing the dealership entirely to pay trade-in prices, sometimes shopping at the same places ...

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

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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 ...

In addition to traditional dealerships and the private used market, cars of all makes and models are frequently sold in auctions. The car auction market was valued at around $3.32 billion in 2023, ...

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 ...

Amid growing buyer concerns over battery costs, some wholesale auction companies are reworking their vehicle condition reports to better disclose battery health on used electric and plug-in hybrid ...

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 ...

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 ...

Several times a week, nearly 900 hundred car dealers descend on the rural village of Carleton, about 40 miles southwest of Detroit, to join a frenzied stock market of sorts for nearly 3,000 used cars.