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Are used car prices about to spiral down?
Thu, 04 Apr 2013CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.
Auctions America revitalizes former Kruse sale
Fri, 17 Sep 2010Despite a few close calls and false starts, Auburn, Ind., remains a town where two large operators hold collector-car auctions at the unofficial end of summer. Worldwide Auctioneers continued at its regular space (though with a much larger sale), and the new kid down the street, Auctions America by RM, took over where Kruse had faltered. Auctions America held a successful rookie effort at the former Kruse Auction Park in Auburn.
Porsche Boxster growing to make room for small two-seater, report says
Mon, 16 Aug 2010The next-generation Porsche Boxster will get a longer wheelbase and measure nearly 173 inches long overall, British magazine Autocar says on its Web site. Why is the Boxster growing? To create room at the bottom of the Porsche lineup for a new two-seater based on the Volkswagen BlueSport concept shown at the Detroit auto show in 2009, the report says.