Most players in remarketing understand that a digital enhancement of the analog process is well underway at auctions, says Glenn Mercer, president of independent consulting firm Glenn Mercer ...

So you think you know the salvage auction business. Here are a few things about Insurance Auto Auctions Inc., a salvage auto-auction company and sibling to auction giant ADESA, that you may not know: ...

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 ...

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 ...

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 ...

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 ...

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Used-car auctions are crowded affairs these days, with a new kind of buyer competing against dealers and retailers like CarMax and Carvana. The new entrants: rental-car companies, starved for product ...

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 ...