If you buy a used car off a dealership lot, it might have gotten there as a trade-in. But there’s about a 50% chance it got there by way of a wholesale auction, according to the industry tracking ...

As used electric vehicles become common, the largest auto auction houses grapple with how to value a car after factoring in the gradual degradation of aged batteries, which typically last eight to 10 ...

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 ...

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 ...

Discover the most common mistakes students make at car auctions, from emotional bidding to poor inspections, and learn how to ...

The purchase of a used vehicle has never been easier. A wide variety of vehicles for every taste and budget are available at online auctions. But how to ensure that a profitable purchase does not turn ...

Last year’s total sales figure was the highest recorded since 2019, when sales reached 8.2 million units, and was more than 1 ...