The Black Book report from July 24, 2024 shows that the Retail Value of Used Vehicles (2-6 years old) is falling in 2024. That may not be too big of a surprise, but when you compare it to the rate of depreciation of 2022 and 2023, you’ll see that it’s falling even faster than in […]
Author: autosavvyrebuilders
Sourcing Parts
One of the most Frequently Asked Questions we get revolves around Sourcing Parts. We all have our favorite websites we visit when looking for parts (and they’re probably the same ones) but what do you do when you can’t find that $10 – $20 module that is holding up your entire build? We turned to Alex Ortega, […]
We’re Looking to Partner or Purchase
Tax Return Season has arrived. Car shopping season is in full swing. Search Engine impressions for used cars are up and retail impressions on auto listing sites are spiking. As I’ve said, we think there is a chance to double-dip right now. What does that mean, “double dip”? It means you can: According to Cox […]
We Want To Buy Your Vehicles
The average sales price for most salvaged title vehicles had fallen for 3-4 straight months at auctions around the country. We posted over the last few weeks about a few specific vehicles where this trend was apparent: Chevrolet Silverado 1500, Mazda CX-5, Toyota Highlander, and the Nissan Rogue. The response that the AutoSavvy Rebuilders purchasing […]
Prepare Now for Late Winter/Early Spring
We’ve encouraged Rebuilders to anticipate the Ups and Downs in the Wholesale and Retail markets. Demand for vehicles tends to spike in late Winter (Feb) and early Spring (Mar/Apr). To maximize your profits and take advantage of these trends, you also want to purchase the vehicles you’ll be selling at their lows. Maximized Selling Price […]
For Rebuilders, Timing is Everything
According to Black Book Market Insights, we typically see a decline in both wholesale and retail values during the last few months of the year… the “ber” months. However, we also see a recovery on the horizon when Retail & Wholesale prices increase. Looking historically, we often see prices increase as we head into Spring (Tax […]
Retail Pricing for Rebuilt Vehicles
One of the most frequently asked questions we get is about Pricing a rebuilt vehicle, both for Wholesale and Retail. We’ve talked quite a bit about Wholesale pricing using the AutoSavvy Rebuilt Wholesale Value Tool. However, as the nation’s largest retailer of branded title vehicles, we certainly have a strategy and strong opinions about Retail Pricing… […]
5 Tips for Auction Success
Recently we asked for feedback from this Rebuilder community. We are still tallying the results and will share those with you. But, some feedback or questions we did get revolved around Insurance Auctions. To help you make informed decisions and optimize your purchases at auctions like IAA and Copart, we have compiled valuable tips and […]
Help Me Help You
As Jerry Maguire once said to Rod Tidwell, “Help Me, Help You.” If you haven’t seen the ’96 classic, Jerry Maguire, consider it homework. All kidding aside, we appreciate the responses, feedback, and input from recent emails and users on the AutoSavvyRebuilders.com site. We want to continue to provide content and material that is helpful to your business & […]
Tacos & Tundras are a staple of our diet
“What vehicles are you trying to buy?” is a prevalent question that our Purchasing team gets asked when they begin working with new rebuilders. The answer is simple, we are trying to buy the cars that are hot right now – we call them our ‘desired vehicles’. For example, a builder recently asked me this […]