The July agreement also alleged the three Grieco stores violated the Deceptive Trade Practices Act, charging customers more for vehicles than the price advertised on their website, later adding addendum fees and describing
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Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. That’s news, mainly because wholesale prices were already down more than
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The scarcity of battery EVs is pushing prices higher. “The used market for EVs at the moment is probably artificially inflated purely because there’s not enough supply for the demand that exists,” Mr
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15:0023 June 2023 View 2 images When buying a used car, you have three main purchase avenues: a dealership, an auction house, or a private seller either in person or online. But wherever you
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The BYD Dolphin is Australia’s cheapest new electric car, with a sticker price of $38,890 before on-road costs. But it’s not the cheapest way into an electric car… That honour could well belong
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Used car prices have been coming down, after being at record highs during the Covid-19 pandemic, but they haven’t reached pre-pandemic levels yet. While they won’t get that low anytime soon, it seem
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The wholesale prices used car dealers pay for the cars they later sell decreased by 2.7% in May. According to the Manheim Used Vehicle Value Index, wholesale auction prices are now about 7.6%
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11:0622 May 2023 View 8 images We’ve all done it before – spent hours navel-gazing at cars for sale on various overseas classifieds, websites or auctions. Whether a cut-price supercar or a Japanese microcar
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When wholesale used-vehicle prices fell during the second half of 2022, many dealers chose to hold off on stocking inventory because they didn’t want to risk it declining on their books, said Chris Frey,
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Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from
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