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The Ohio Auction School was founded in 1999 in accordance with the laws of the State of Ohio to provide auctioneer pre-licensing education. Mike Brandly, a Columbus Ohio Auctioneer, [ 8 ] assumed the role of Executive Director; Lisa Mantle was designated the school’s Administrator.
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .
Japanese cars from the '80s and '90s, the old-school Bronco II (prices up 4% since 2021 to $15,600), and even some exclusive cars, like the Lamborghini Gallardo six-speed manual and '80s-era ...
According to Manheim’s latest used vehicle value index, used gas-powered car prices fell 3.5% in October, whereas pure EV prices fell by 11.1%. And the downward pressure on prices will continue.
Most car dealerships do not pay cash for the vehicles they buy at auto auctions. [23] They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. [24] This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory. [25]
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