Tag: Used Cars

Police search Bigmotor headquarters amid scandal over withered trees

Police on Friday searched the headquarters of used car dealer Bigmotor Co. in Tokyo on suspicion of property destruction, investigative sources said after roadside trees near its dealership outlets were found to have

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Ohio Used Car Dealership Sued For Rolling Back Odometers

Photo: Scott Olson (Getty Images) Rolling back odometers on used cars and then selling them as if they’ve accrued far less mileage than they actually have is definitely illegal, but that hasn’t stopped

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Rising New Car Prices Spark Surge in Demand for Quality Used Cars

Company Logo Used Cars Market A Used Cars Market A Dublin, Sept. 13, 2023 (GLOBE NEWSWIRE) — The “Used Cars Market By Vehicle Type (Hatchback, Sedan, SUV), By Propulsion (ICE, Electric and Hybrid),

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Urgent warning for any Australian buying a used car

By Ashley Nickel For Daily Mail Australia 04:45 13 Sep 2023, updated 08:54 13 Sep 2023 Odometer fraud is on the rise with an undercover investigation revealing potential used car sellers can wipe

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What does it really cost to buy and run a new or second-hand car?

What does it really cost to buy and run a new or second-hand car? – InQueensland Advertisement NEWS •⁠ POLITICS •⁠ BUSINESS •⁠ CULTURE Continue reading this news

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Off-Lease Only’s bankruptcy creates void in used-car business

WEST PALM BEACH, Fla. — A long-standing South Florida-based used car dealership, Off-Lease Only, has filed for bankruptcy in the past week, leaving many surprised and hundreds out of work. Customers and those

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More drivers want cars under $50,000. How to find a cheap new vehicle

Car shoppers are showing more interest in vehicles selling under $50,000, according to car site Edmunds. That reverses a recent trend that saw shoppers splurging on higher-end models with more features. But cars

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Wholesale Used Car Prices Rising Again

The wholesale prices car dealers pay at auction for the used cars they later sell rose slightly in August. That’s bad news for used car shoppers. Retail prices often follow wholesale prices, making

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Major car dealership files for bankruptcy and abruptly closes all its locations laying off hundreds of workers

A car dealership has closed its doors for good, citing unprecedented changes in the used car sales industry as the motivating factor behind the decision. Off Lease Only, the Florida-based dealership chain, has

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Used vehicle prices may have bottomed for 2023

Cox Automotive reported a slight uptick from July to August in its Manheim Used Vehicle Value Index. The index, which tracks vehicles sold at its U.S. wholesale dealership auctions, remains elevated from historical

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