Buy And Sell Cars For Profit!

After selling more than 6000 cars since 1957, Dean Salter at 80 is still going strong and plans on selling cars for as long as he’s healthy. He credits his longevity in the car business to being a people person and having an understanding wife. With five children and 10 grandchildren, selling cars has allowed [...]

Salvage cars purchased from U.S. salvage auctions are selling for a premium outside the U.S. in countries where few can afford a new car. Salvage vehicles are vehicles declared total losses by insurance companies because the repairs would cost more than 80% of the vehicles current retail value. The high demand for salvage vehicles has helped to double [...]

After two years of decline, the number of vehicles wholesaled at U.S. auto auctions increased 1.8% to 9.57 million in 2006. Also, the average wholesale prices were up 1.6% too. Manheim also said the net profit for used vehicles (for large car dealership lots) was an average of $230.00 per car and the average net [...]

Manheim car auctions is expanding globally with plans to open used car auctions in China and possibly Mexico.

In an effort to promote diesel cars in the U.S., VW is searching for the oldest running diesel powered VW. The winner will get 6 months use of a VW Toureg. Seems kind of cheap to me that they are only lending a car instead of giving them a new car?