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Anyone who’s planning or driving a car certainly knows that this asset depreciates in value over time. In other words, whether it’s used or not, its potential price in the market should the owner decides to sell it will be far lower than what it cost when it was bought. Cars lose their value very… Read More »
Benefits of Buying Imported Cars When considering whether or not to buy imported cars there are several key benefits to take note of. One of the biggest benefits of buying imported cars lies in the wider variety of luxury models. While this benefit is only applicable to people who are in the market for a… Read More »
One of the first questions car buyers must answer is whether they want to buy American cars or imported cars. There are a variety of potential benefits and drawbacks to both options. The key is considering what your priorities are and select a vehicle which best fits them. It is important to note that all… Read More »
Over the past year there has been a noticeable trend throughout the auto auction community. The value and availability of late-model cars has significantly increased. At the same time, the demand for older cars has diminished. This creates the perfect opportunity for savvy auto auction goers to land a reliable vehicle at well below market… Read More »
Auto sales for Quarter 3 improved 13.8% compared to quarter 3 of 2011. In September alone, industry sales increased by 12.8%, continuing the slow growth that started in July of this year. Jumpstart Automotive recently analyzed recent online car shopping data and discovered a number of interesting trends: Sedans are the most popular segment, with… Read More »
Identifying the top five most popular cars sold at auction this year is a difficult proposition. So it is important to set some ground rules before getting into this list. First, not every auction lists the results which make it difficult to create a comparison based upon sheer numbers or final prices. Second, the most… Read More »
Throughout 2012, new auto sales have continued to increase. At a glance, it may not seem like this would affect public car auction prices, however it is exactly what auction goers needed to see. As new car sales continued to climb, as they are expected to do, winning bidders at popular public car auctions will… Read More »
Across the state, Maryland auto auctions offer clean title cars for sale. There are a lot of different sources that send cars to auction and not all of them include clean titles. This is an issue that a lot of people don’t think about when attending an auto auction in Maryland or anywhere else. To… Read More »
The Definition of Luxury Cars is Changing and the KBB Top 2012 Redesigned Vehicles Proves It Over the past several years the definition of luxury within the car market has started to change. The biggest difference used to be size, features, and price however that is no longer the case. For example, you can get… Read More »
It didn’t start with Henry Ford or Ransome Olds. The modern age of the automobile didn’t really begin until after World War II. Prior to that time, the automobile was a convenience and a luxury item, not a necessity. After WW II, in the mid and late forties, automobile production ramped up after the auto… Read More »
It’s Car Show season again. That magical time of year when car makers dazzle us with their exciting concept cars, and tempting new models. From low-slung supercars, to environment-friendly hybrids. There is sure to be a new model to suit just about anyone. Every year, the New York International Auto Show plays host to more… Read More »
The US auto industry crisis has caused pain for both workers and investors. Workers have been laid off from long-held jobs as bankruptcies mount and cut-backs are made. Investors in auto companies have seen the value of their stockholdings slashed. However, Government intervention has meant that little has been done to weed out the weak… Read More »
The US Auto Industry is bracing for tougher fuel efficiency standards. The new standards call for new vehicles to average 35.5 miles per gallon by 2016. The new measures were announced on September 15 in the midst of falling sales of small fuel-efficient cars. Sales in small car segments have dropped 15 per cent or… Read More »
Few Auto shows are anticipated more than the upcoming LA Auto show. After a pretty dismal show last year due to the financial state of America’s big three car manufacturers, (Chrysler couldn’t even afford to have lights on their stand) this years show is going to be a watershed. There’s a host of new models… Read More »
The future of the US auto industry will be the backbone of the discussion at a special forum to he held on October 8th at Nova Southeastern University in Davie from 8.15am to 9.30am. The forum will be open to the public. GM CEO Fritz Henderson and AutoNation CEO Mike Jackson will host the “Road… Read More »
Thanks to the Cash For Clunkers scheme, the US Auto Industry had a bumper month in August. The increased sales figures were led by a 17% jump at Ford Motor Co. Ford’s sales performance was underpinned by its truck sales which posted its first year-on-year increase in three years. Auto industry sales were boosted by… Read More »
The US Government’s Cash for Clunkers rebate program has undoubtedly given the US auto industry the shot in the arm it needed to get it going again. Many Americans have embraced the program and rushed out to trade in their “gas guzzlers” on a new car. Car manufactures are hiring new staff to cope with… Read More »
It appears that the worst of the US auto industries woes are over. While there has been a lot of pain for all auto industry stakeholders, it seems that the mood of the heart of the US car industry, Detroit, is improving. With the bankruptcies of Chrysler and GM now passing, increasing optimism is coming… Read More »
