Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
Falling gasoline prices are hitting the residual values of used hybrids and electrics. For example the Nissan Leaf cars were sold just over 90,000 copies in the US. That means a lot of them are now on the used market. So many, in fact, that you can find them for crazy low prices all over the country.Electric vehicles are increasingly becoming popular with rising awareness about climate change and improving EV technology. These alternatively fueled vehicles not only fight pollution and emit less greenhouse gas emissions, but are starting to get competitive with fossil fuel-based vehicles due to...
The United Auto Workers union on Friday night said it had ratified a contract with Ford Motor.The UAW-Ford deal comes after a resurgence in car sales and profits. That's one of the issues workers have raised -- many hadn't received a raise in over a decade despite economic strength within the industry.The four-year deal with Ford barely passed with a 51.4-percent majority. The Blue Oval's production workers voted 51.3 percent in favor of the contract, and 52.4 percent of those from skilled trades accepted it."This agreement provides a good foundation for Ford Motor Company, ou...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...