Used Cars
 

Q auto's sales strategy: 1 person, 1 price

12:01 am U.S. ET | Oct. 27, 2014
Casey Coffey said the goal at Q auto -- Asbury Automotive Group Inc.'s new line of used-only dealerships -- is to stock an array of quality used vehicles and make quick, no-hassle sales to consumers.... Read More »

Surge of used cars stings

12:01 am U.S. ET | Oct. 27, 2014
A rising supply of used vehicles, particularly late-model cars and trucks coming off lease, already is hitting some companies in their pocket books.... Read More »
EDITORIAL

Brace yourself for a flood of used vehicles

12:01 am U.S. ET | Oct. 27, 2014
Prices on used vehicles are falling and will keep falling as supplies of late-model used cars and trucks return to normal levels.... Read More »

M-B captive hikes online sales of off-lease cars

12:01 am U.S. ET | Oct. 27, 2014
An enhancement to Mercedes-Benz Financial Services' 24/7 online remarketing tool has helped the captive finance company boost online sales of...... Read More »

CarMax's U-turn: A return to Web leads

12:01 am U.S. ET | Oct. 20, 2014
Used-car powerhouse CarMax has begun posting vehicle inventory again on AutoTrader.com and Cars.com after a 16-month hiatus.... Read More »

Pickups defy fall in used-vehicle prices

1:59 pm U.S. ET | Oct. 10, 2014
In September, overall used-vehicle prices fell for the fifth month in a row, but prices of used pickups rose sharply.... Read More »

Tesla's trump card? Used cars

12:01 am U.S. ET | Oct. 6, 2014
Tesla is developing a program to sell the Model S secondhand in a bid to lower the cost of entry for the $71,070 sedan and unlock the earnings...... Read More »

Test offers off-lease Toyotas

12:01 am U.S. ET | Oct. 6, 2014
Toyota Financial Services is testing a program that offers off-lease vehicles for sale to dealers outside its franchise network while the vehicles...... Read More »

Ray Lambrecht, dealer who auctioned 500 vintage Chevys, dies at 96

4:50 pm U.S. ET | Oct. 2, 2014
Ray Lambrecht, the Nebraska Chevrolet dealer who auctioned off more than 500 cars last year, died Sept.... Read More »

AutoGrade schools the auction industry

12:01 am U.S. ET | Sept. 29, 2014
Adopted by the nation's largest auction companies and endorsed by NAAA, AutoGrade is an electronic vehicle-condition reporting system that is being...... Read More »

EDITORIAL

CPO program standards must be strictly enforced

12:01 am U.S. ET | Sept. 29, 2014
It's unfortunate that automakers must sometimes temporarily bar an errant dealer from CPO participation, but it's a necessary step.... Read More »

CarMax reports double-digit increases in Q2 revenue, profit

8:19 am U.S. ET | Sept. 23, 2014
CarMax Inc., the largest U.S. used-car retailer, reported a 11 percent rise in quarterly revenue as easier availability of credit boosted car sales.... Read More »

Honda, GM crack down on certified-used rule benders

12:01 am U.S. ET | Sept. 22, 2014
Honda and GM, among others, are closely monitoring dealerships' compliance with certified used-vehicle programs -- and cracking down on rule breakers.... Read More »

LETTER TO THE EDITOR

Time to step up online CPO game

12:01 am U.S. ET | Sept. 22, 2014
The pressure to maintain new-vehicle sales increases the allure of incentives, which drive lower used-vehicle prices.... Read More »

New NAAA chief steps in as volume steps up

12:01 am U.S. ET | Sept. 22, 2014
The past few years have been rough for the auto auction industry.... Read More »

JLR launches sites targeting certified-used shoppers

12:01 am U.S. ET | Sept. 22, 2014
Jaguar Land Rover has launched dedicated websites for shoppers of certified pre-owned vehicles as part of its effort to boost its dealers'...... Read More »

Manheim rolls out program that lets dealers return vehicles

12:15 pm U.S. ET | Sept. 11, 2014
Dealers who buy almost any vehicle at a Manheim auction location also can purchase the right to return those vehicles for any reason for up 21 days...... Read More »

Wholesale used prices down for 4th straight month, Manheim Index shows

3:34 pm U.S. ET | Sept. 8, 2014
Wholesale prices of used-vehicles declined for the fourth consecutive month in August, according to the Manheim Used Vehicle Index released today.... Read More »

CarMax recruiting for more than 1,000 jobs

6:33 pm U.S. ET | Sept. 3, 2014
CarMax said it is recruiting for more than 1,000 positions to fill across the country.... Read More »

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Special Report
Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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