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...
Bentley Bentayga was recently shown to the public for the first time, but today it is already sold.We already know a lot about the new Bentley crossover. But the British never cease to amaze! First of all, at the exhibition was announced the price of the new Bentayga - 208 500 euros. The second news from Bentley - the first annual circulation Bentayga was completely sold out! In other words, the British had already collected about 3000 - 4500 orders for its expensive SUVs. This is almost the half of last year's sales of the brand! That means, it is an incredibly huge growth for Bentle...
European car sales rose 12 percent in August. As rising economic confidence encouraged purchases of new sport utility vehicles from French manufacturers Renault and Citroen and luxury producers BMW and Mercedes-Benz.European Automobile Manufacturers’ Association, or ACEA, said: "Eight-month sales increased 8.6 percent to 9.38 million autos. That included growth of 9.5 percent in July."BMW - the world’s biggest maker of luxury cars, is attracting customers with the coupe-like X4 and X6 SUVs, and is presenting the latest version of the X1 at the Frankfurt Internationa...
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...
