Beggs: Last Week’s Used Car Market Spiked

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AutoRemarketing - September 18, 2012

Black Book’s Ricky Beggs contends there are two factors that sparked the most active market editors have seen in two months.

Find out what caused adjusted prices on 2,850+ vehicles.

First, Beggs noted, “Late model vehicles, with even slightly edgy miles on the odometer, were just not getting any attention.”

Next, Beggs mentioned the other reason for the change in wholesale market activity “Even though there were plenty of no sales in most lanes, if a truly clean condition car was crossing the block, the buyers would suddenly appear,” Beggs shared.

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