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Top car rentals news stories... |
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Certified-used sales set a record in 2011 |
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Certified used-vehicle sales reached an all-time high in 2011 with some brands registering significant sales gains despite a big decline in vehicles coming off lease, a major source of certifiable used cars and trucks. |
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Payless pursues new-car dealers |
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Payless Car Sales is positioning itself as an alternative used-vehicle outlet for franchised dealers, suggesting that retailers use the Payless brand name to reach customers who might resist the retailer's own auto brand. |
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Saab's residuals were already low -- but now ... |
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Predicted residual values for Saab vehicles weren't very high even before Saab Cars North America's parent company filed for bankruptcy. Now they're going even lower. Before Saab Automobile AB filed for liquidation on Dec. |
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AuctionNet joint venture extended through 2016 |
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The National Automobile Dealers Association and the National Auto Auction Association have agreed to continue their AuctionNet joint venture through 2016. |
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Used-car prices likely to stay lofty in 2012 |
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Don't expect used-vehicle prices to soften notably any time soon. For the third year in a row, used-vehicle prices rose significantly in 2011. |
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