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...
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...
After currently testing the self-driving cars in California and Texas, Google decided to develop and to move towards selling the cars.Google's self-driving cars, limited to 25mph, include sensors and 3D mapping technology which create a virtual map of the car's current environment and obstacles. There have been a reported 11 cases of accidents involving the cars, all of which Google claims were down to human error.A few details has been developed, which now include a new set of buttons -- "go," "please slow down and stop," and "stop pretty quickly" -- usef...
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...
According to an Edmunds.com Analysis many discontinued vehicles are receiving a new life in the used-car market thanks to millennial buyers. Thanks to these careful buyers, cars such as the Pontiac Aztec —well know for its spot as one of the ugliest vehicles ever, and its role in AMC’s “Breaking Bad” TV Series— are truly enjoying popularity and almost a revival.In 2008 the Dodge Magnum station wagon was officially discontinued by Chrysler. However, it would be good for Chrysler to know that this year, the Dodge Magnum had the highest rate of millen...
