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...
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...
China’s Black Monday sent the western markets into a tail-spin. And even though it was not as bad of a tail-spin as it was anticipated, it nevertheless sent the rest of the world stock markets —principally in the west, into a “Correction Mode.” And for good measure.When the markets close on Tuesday, we will know if investors decided to drive a strong recovery or if it all was left to spiral down deeper into the red abyss. Whatever happens, the general public will have now to learn a very strong and harsh truth: What happens around the world or outside our bo...
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...
