Beggs on the Used Car Market - November 16, 2009

With an average of 1,198 daily adjustments last week, auction activity was only half as brisk as the week before. Though still soft, the market showed positive signs of stabilizing, providing opportunities to freshen aging inventory.

Several important factors directly impact wholesale market values, some not as obvious as others. In fact, one variable, reported by Black Book but often ignored by other publishers, can make it difficult to detect whether a vehicle has had previous paint work.

Watch the video to find out what this variable is, and why it can be costly to ignore.

Category:

Autos & Vehicles

Tags:

• car values
• trade-in value
• auto auctions
• cars
• used cars