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Used-Car Wave May Weigh on Detroit

2015-08-31 22:09:02| Auto Dealers - Topix.net

U.S. auto sales, due Tuesday, are set for their biggest year-over-year drop since the financial crisis. But this isn't a reason to panic.

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Average used-car price hits record high

2015-08-28 15:19:57| Auto Dealers - Topix.net

Used-car prices hit a record high in the second quarter of 2015, climbing 7.6 percent year-over-year to an average of $18,800, according to a new study by car shopping site Edmunds.com. The price growth mirrors the average transaction price for new light-duty vehicles, which hit a near-record $33,340 in the second quarter this year.

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Used-car salesman drops out of mayor's race

2015-08-08 23:31:00| Auto Dealers - Topix.net

Richard DeParle will never know how the framed photos of Merle Haggard, Ernest Tubb and other country music legends adorning the office of his used-car business will look hanging in City Hall. DeParle abruptly dropped out of the mayor's race Friday just days after entering, leaving his fledgling Job Creation third party without a candidate.

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Virtual used-car dealers gain traction

2015-08-02 14:24:20| Auto Dealers - Topix.net

Manuela White, 25, bought her first car - a 2012 Toyota Corolla with 12,400 miles on the odometer - sight unseen from online car seller Beepi. Manuela White, 25, bought her first car - a 2012 Toyota Corolla with 12,400 miles on the odometer - sight unseen from online car seller Beepi.

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Is CarMax Selling Unrepaired Recalled Vehicles? You Betcha -- And So Are Other Used-Car Dealers

2015-06-12 23:13:27| Auto Dealers - Topix.net

If you're planning to do some used-car shopping this weekend, take extra care to ensure that your next pride and joy doesn't have any outstanding recalls. Two consumer watchdogs -- the California Public Interest Research Group Education Fund and the Consumers for Auto Reliability and Safety Foundation -- say that CarMax locations in California have been selling vehicles that need to be repaired.

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