Used Cars

Impact of virus on auctions may linger

Physical sales at Manheim, and ADESA (below), locations were halted mid-March. Both companies are running all-digital auctions.
(Manheim)
April 27, 2020 04:00 AM

Time will tell how many dealers return to both digital and physical wholesale auctions. While auction companies report promising signs for digital sales, whether dealers turn out in force to stand in the physical lanes will likely depend on how the COVID-19 crisis plays out.

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