Lehigh Valley Auto Auction

08/01/2025

It's Easy to Overlook the Big Stuff from Time to Time!
https://fortune.com/2025/07/31/tiah-mccreary-taylor-kia-lima-ohio-repossession-revenge-ownership-dealership-name/

There's a lesson here for business owners.

08/01/2025

As the second half of 2025 unfolds, EFG Companies has identified the top concerns from over 1,600 retail and powersports dealers.
Two key questions:
• What changes should we make in an uncertain economy?
• How can we minimize losses from tariffs?
EFG’s answer: Don’t scale back. Strengthen reinsurance strategies, invest in backend performance, and prioritize staff development to stay ahead.
https://www.autoremarketing.com/ar/retail/top-5-questions-dealers-are-asking-efg-experts/

With the second half of the year well underway, EFG Companies recapped the top five questions dealer principals are asking the F&I development, training, pr

07/30/2025

Nichols family auctions to be acquired by Manheim
https://www.autoremarketing.com/ar/wholesale/cox-automotive-to-acquire-bel-air-auto-auction-tallahassee-auto-auction/

Two of the industry’s most prominent independent auto auctions will soon fly under the Manheim banner. Cox Automotive, Manheim’s parent, said Tuesday it

07/29/2025

New-Vehicle Sales Level Off in July
Cox Automotive projects July’s SAAR at 15.6M—slightly higher than June, but still trailing last year. Despite a spring spike, the market has returned to its steady pace, weighed down by high costs and interest rates. https://www.coxautoinc.com/news/cox-automotive-forecast-july-2025-u-s-auto-sales-forecast/

Cox Automotive publishes its U.S. auto sales forecast each month prior to the automakers reporting their sales results.

07/28/2025

🔥🏁 DEALER ONLY AUCTION - Wednesday July 30th 🏁
Join us for the auction in person OR on online EDGE PIPELINE! We’re featuring 300+ units! 🚗💥
Auction starts at 5 PM — be ready to bid!
🔍 Vehicle Inspections: 10 AM - 5 PM every Wednesday!
👉 View the full run list here: https://www.lehighvalleyautoauction.com/.../all/2025/1/15

07/25/2025

Auction lanes are heating up at a time they usually cool off. Despite a 0.48% dip in wholesale values, sales and conversion rates are climbing—hitting 59% last week. Unseasonal strength shows the market is outperforming 2024, with much lower year-over-year depreciation.
https://www.autoremarketing.com/ar/wholesale/lane-watch-no-sign-of-summertime-slowdown-at-the-auctions/

Except for sales spikes when some operations host concerts and other special activities, the auction scene sometimes sags during this juncture of the summer.

07/25/2025

ChatGPT said:
🚗 Vehicle values continue to decline, but the market is still stronger than last year.
📉 Car values dropped -0.51% last week; trucks fell -0.47%.
🕒 12-month depreciation now at 9.6%, compared to 23.6% in 2024.
📊 Mid-size cars led declines, while Premium Sporty Cars stayed flat.
https://usedcarnews.com/index.php/component/k2/item/7739-used-vehicle-market-remains-significantly-stronger-than-2024

Depreciation continues to outpace typical seasonal trends; however, the market remains significantly stronger than it was in 2024. At this time last year, cumulative 12-month depreciation stood at 23.6%, compared to just 9.6% this year, according to Black Book’s market insights. On a volume-weigh

07/24/2025

PUBLIC AUTO AUCTION
🚘 Will you be driving away in this Saturday's DOLLAR DEAL??? 💵
Gates open at 9:30am, Auction begins 10:30am!
Bidding starts at just $1 and sells to the highest bidder!
Date: Saturday July 26th
Auction is held indoors RAIN ☔️or SHINE 🌞
Location:
Lehigh Valley Auto Auction
3880 Lehigh St.
Whitehall, PA 18052
www.lehighvalleyautoauction.com
120+ Vehicles will be available in ALL PRICE RANGES!

07/23/2025

Millions of borrowers are struggling to restart loan payments now that COVID-era deferments ended in June 2023. Rising inflation and economic uncertainty are making it harder to keep up. The Federal Reserve reports 2.2 million borrowers have seen credit scores drop by 100 points or more this year alone, and missed payments may lead to wage garnishment or seized tax refunds.
https://fox4beaumont.com/news/nation-world/student-loans-default-deferment-covid-pandemic-debt-collection-again-borrowers-difficult-payments-inflation-uncertain-economy-bills-money-help-advice-how-to-pay-credit-scores-consequences-federal-reserve-millions-students-wages-government

Student loans had been in deferment during the COVID-19 pandemic, but as of 2023, student loan debt is being collected again.