Could US Lockdown Sink Used Car Values?

The auto industry — already fretting about lengthy factory shutdowns and depressed new-vehicle demand— is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies. LEARN MORE

NAAA provides update on auction strategy

CARY, N.C. - While there are still a few locations that have suspended operations, the auto auction community at large is back on track with simulcast sales, with “just about everybody” running these virtual auctions, including the majority of independents, along with corporately owned ADESA and Manheim. LEARN MORE

Proposed Legislation Could Decimate the U.S. Vehicle Recovery

Over the past month across our country and around the world, the lives of so many have been deeply impacted by the unprecedented and difficult circumstances resulting from the COVID-19 coronavirus and its rapid spread.  Our hearts go out to all those who are affected directly and indirectly, especially to those in the repossession community that we serve. READ MORE