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Wholesale prices rose 10.8% in May due to inflation pressures

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Inflation has been affecting the world for years; however, rates have skyrocketed over the last few months. Wholesale prices are also increasing significantly, which...

New vehicle prices hit another all-time high in November

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For the eighth straight month, the average transaction price for new vehicles in the US hit never-before-seen territory while incentives dipped to historic lows....
wholesale

Wholesale prices expected to climb even higher after setting September record

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The Manheim Market Report for September 2021 showed that wholesale used vehicle prices have risen to an all-time high once again, and the increase...

Dale Pollak shares insight into current trends and economic impacts in...

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We have all been impacted by dwindling inventory in today’s market. While profits still remain high for many, what we are experiencing may be...
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Wholesale prices begin to normalize on usual inventory levels

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Dealers may start to notice the wholesale prices at auction slip back into more familiar territory. According to Manheim’s Used Vehicle Value Index mid-month...
Chris Marhofer

Ohio Dealer Chris Marhofer Discusses Used-Car Inventory Strategy

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In the midst of the uncertainty of COVID-19, many businesses are just looking for ways to get by. For Chris Marhofer, President and COO...