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Used Market
Used Market in Cars: the news, the names and what changed.
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Single Owner's Widow Sells Survivor Mustang Mach 1 With 106k Miles, Didn't Take $8K Bait
9+ hour, 46+ min ago (660+ words) The car had been sitting idle for decades before its original owner passed away earlier in the year, leaving behind a grieving widow who was understandably clueless about what the old pony was actually worth now. Some local vulture had…...
Copart to Acquire ACV, Expanding Position Across the Vehicle Remarketing Ecosystem
2+ day, 15+ hour ago (223+ words) Strategic and Financial Benefits Copart intends to fund the transaction through cash on hand, maintaining sufficient balance sheet flexibility to continue pursuing organic and inorganic investments. The transaction is not subject to any financing condition. The boards of directors of…...
Carvana to build massive inspection center in Visalia
2+ week, 6+ day ago (676+ words) Carvana, a major U.S. online car retailer, plans to build a 172,000-square-foot facility in the Visalia Industrial Park. The $42 million project will be built on an empty lot on Kelsey Street, north of Riggin Avenue in Visalia. The proposed development is…...
He turned an old Fiat Panda into a ‘Flat Fiat’. Now, this 50cm-wide car is officially the world’s narrowest drivable car- Moneycontrol.com
2+ day, 2+ hour ago (451+ words) What happens when you take an old Fiat Panda and make it so narrow that it is barely wider than a person? Italian mechanic Andrea Marazzi found out — and turned the unusual experiment into a Guinness World Records title. Marazzi,…...
17,778 Car Listings Later, I Stopped Believing the Price Tag
1+ day, 14+ min ago (697+ words) I build the software dealerships use to post inventory to Facebook Marketplace. The number that actually matters never shows up in the …...
300 Classic Cars Are Going To Auction, Some Starting At Just 50 Cents
1+ day, 6+ hour ago (18+ words) From Model Ts to NAPCO pickups, hundreds of classics from one family collection are looking for new homes...
Almost every new car now comes in white, black, grey or silver, four non-colours making up around 80 percent of the market, up from under half in the 1990s, and it isn't that buyers stopped liking colour, it's that dealers stopped stocking it and fleet buyers flooded the used market so heavily that the "safe" resale shades quietly became the ones that depreciate fastest.
1+ day, 7+ hour ago (35+ words) The car industry's self-fulfilling prophecy: dealers stopped offering colours, used-car markets flooded with neutral shades, and now buyers have no choice but to accept that "safe" resale value is a myth....
Hong Kong's Two McLaren F1s: What a Chance Sighting Reveals About Collector Priorities
1+ day, 18+ hour ago (821+ words) A video clip circulating this week shows a Magnesium Silver McLaren F1 turning off a Hong Kong street and into a private parking structure, prompting the sort of reaction reserved for genuine automotive royalty: a spotter sprinting alongside with a phone…...
1993 Bugatti EB110 GT Goes for $1.84 Million During Monterey Car Week!
2+ day, 6+ hour ago (235+ words) We spotted a lot of exotic cars during Monterey Car Week, but we only saw one of these: a 1993 Bugatti EB110 GT. We spotted a lot of exotic cars from McLaren, Ferrari, Lamborghini, and Koenigsegg during Monterey Car Week, but we…...
BlueFive Capital completes acquisition of 30% stake in Bugatti Rimac from Porsche
2+ day, 13+ hour ago (200+ words) London: BlueFive Capital, one of the world’s fastest growing investment managers[1], today announced it has completed the acquisition of a 30% equity stake in Bugatti Rimac, the producer of the Bugatti supercars. The stake was purchased directly from Porsche AG, making…...