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Last updated on April 23, 2014 at 1:22 EDT

Latest Used car Stories

2014-04-22 08:20:37

Joint Venture Strengthens Bitauto's Foothold in China's Used Car Market BEIJING, April 22, 2014 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that it has entered into an agreement to establish a joint venture (the "JV"), with Pangda Automobile Trade Co., Ltd ("Pang Da Group"), one of China's leading automotive dealership...

2014-04-21 23:07:07

CarOffer™ Opens A New World for Dealers to Exclusively Bid and Buy Used Cars Directly From Consumers Within Their Market Area Dallas, Texas (PRWEB) April 21, 2014 CarOffer™, launched in Dallas, Texas by industry entrepreneur Bruce Thompson, went live across the country on Thursday, April 17th with the industry’s first-ever smartphone centric tool. The user-friendly app, employing the latest mobile technology, gives consumers the ability to launch their car within minutes from...

2014-04-17 08:21:53

Cars.com Shares Insights on Dealership Challenges and Opportunities in the Service and Repair Sector, Announces Service Feature Roll Out on Website CHICAGO, April 17, 2014 /PRNewswire/ -- In a growing vehicle service market, auto dealerships are at risk of losing a substantial portion of their fixed operations revenue to national chains and local repair shops, according to an independent study commissioned by Cars.com. In the 2014 Service and Repair Report, leading market research firm GfK...

2014-04-15 08:20:54

DMEautomotive study provides fresh evidence that dealership avoidance is a new car buying "normal" DAYTONA BEACH, Fla., April 15, 2014 /PRNewswire/ -- It may be the second most expensive purchase of most people's lives, but new research from DMEautomotive (DMEa) reveals that a growing number of Americans are bypassing test-drives - and making strikingly few visits to dealerships - in their car-buying process. The latest survey of roughly 2,000 automotive consumers(1) found that,...

2014-04-09 23:24:41

Complete Auto Loans gives drivers top tips for assessing the value of their car before taking it to a dealer for a trade-in. Seattle, WA (PRWEB) April 09, 2014 Consumers looking to trade in their used car for a bad credit auto loan are may find themselves getting less than what they bargained for unless they’ve diligently done their homework on the actual trade-in value of their vehicle. Complete Auto Loans makes understanding a car trade-in easy. Read their latest post here. Auto loan...

2014-04-09 12:21:41

Wholesale auction prices increased by highest rate in three years. McLEAN, Va., April 9, 2014 /PRNewswire-USNewswire/ -- Wholesale prices for used cars and light trucks up to eight years in age increased by 3.7% in March, well above February's 2.2% increase, according to the National Automobile Dealers Association (NADA) Used Car Guide in the April edition of Guidelines, a monthly report on new and used vehicle sales trends and price movement....

2014-04-07 12:22:47

Despite Harsh Weather, Insurance Vehicle Replacements and Tax Refunds Keep Demand High ATLANTA, April 7, 2014 /PRNewswire/ -- Used vehicle sales for dealers went from good to even better in the first quarter of the year with strong demand that held up through the harsh winter. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 2.2% during the quarter and was 3.3% higher than a year ago. Tax refunds as of late March were up 3%...

2014-04-01 12:23:58

Economic expansion and a supportive credit environment will keep used prices stable. McLEAN, Va., April 1, 2014 /PRNewswire-USNewswire/ -- Average wholesale prices of used cars and light trucks up to eight-years-old will decrease by a range of 0.5% to 1% in 2014, according to the NADA Used Car Guide in its latest report, 2014 Used Vehicle Price Forecast. This modest drop will keep levels on par with 2012 and 14% higher than 2010....

2014-03-25 08:21:10

From car loans to buying autos, Driven Motorsport Sales has formed a niche BURR RIDGE, Ill., March 25, 2014 /PRNewswire-iReach/ -- Car loans are often associated with new vehicle purchases. But the truth is, a large amount of the loans that are secured in the United States are for used vehicle purchases. In the Chicagoland area, one of the pre-owned dealerships that is well known for getting consumers the loans they need is Driven Motorsport Sales. Photo -...

2014-03-10 08:21:08

Unique Vehicle Listings Site Helps Consumers Find the Right Car with the Right History from Dealers CENTREVILLE, Va., March 10, 2014 /PRNewswire/ -- Carfax has unveiled an innovation in online car shopping that helps consumers find the right car with the right history. At carfax.com, online shoppers now can search for used cars with specific vehicle history details - things like no accidents reported to Carfax, service records, Carfax 1-Owner and more. Used cars for sale from...