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...
Vietnam is a growing auto trade in South Asia. Car sales rose 62% in the eight months to August, to 70,033 items. The most of Vietnam's roads are produced by local companies such as market leader Thaco, which assembles vehicles for Kia, Mazda and Peugeot. But in the last few years there were imported cars from other countries and consists about 40 % of sales. Sales of Mercedes-Benz cars grew 43 % in 2014, making Vietnam the second-fastest growing global market for the German carmaker. Rolls-Royce and Bentley recently opened their first dealerships in Vietnam. The ...
In June, the National Automobile Dealers Association (NADA) rates making cars more expensive to finance, a drop in used car prices and to keep cars longer. A projection by Bank of America Merrill Lynch indicated that auto sales could rise to 20 million new cars by 2018. The less-good news for the automakers is that the analysts expect “a very significant downturn after that.”Americans are buying more cars now, the number of miles driven today is down about 6.7% compared with June 2005. On the basis of just total miles driven, in August U.S. drivers posted a new record of nearl...
“Today, crude oil prices, the main ingredient for gasoline, is less than half the price it was a year ago,” said Nuuanu gas station owner Barney Robinson, “so that’s why we’re enjoying lower prices today.”Hawaii ranks among the highest average of gas prices, but Robinson said the state will no longer be on the top of the list. It now trails Nevada, California and Alaska.“California has a supply problem,” explained Robinson, “and they have a boutique gasoline requirement, so when they have a supply problem, it always drives gas (prices) up t...
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...
Thinking about traveling lately? Want to finally make that late summer adventure happen? Americans can't resist the lure of sunny skies and the open road.Well, here are a few precautions for those who who'd like to travel with their own beloved cars. Check Your Tires: Well, believe it or not, tires are one of the most overlooked parts of a car. According the Rubber Manufacturers Association (RMA), only one out of 10 drivers checks his or her tire pressure correctly. But the truth is that an under-inflated, over-inflated, worn down or misaligned tire can be extremely dang...