Buying a used vehicle from an auction is a viable way to get a new ride. However, these are the benefits and downsides you ...

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 ...

Used-car prices, which analysts are watching for signs of more general price inflation, edged higher again. The trend mirrors higher new car prices, too. A computer chip shortage has cut into new-car ...

So you think you know the salvage auction business. Here are a few things about Insurance Auto Auctions Inc., a salvage auto-auction company and sibling to auction giant ADESA, that you may not know: ...

The automotive industry continues to evolve at a remarkable pace. Every operator, from independent dealerships to large ...

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 ...

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 ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

Once the 2011 Impala has been rolled into place, the bidding begins immediately. Standing near the back, by the free earplug dispenser, I make eye contact with the auctioneer, and quickly look away: ...