Auto Remarketing
MAY 7, 2024
was the lowest it has been since March 2021, when it came in at 195.4, The post Used-car values down 14% as Manheim index hits lowest level since March 2021 appeared first on Auto Remarketing. The company said in a Data Point report accompanying the index that wholesale vehicle prices were down 14.0% year-over-year and 2.3%
Auto Remarketing
MARCH 11, 2024
The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year.
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Auto Remarketing
NOVEMBER 14, 2023
When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.
autoevolution
DECEMBER 25, 2023
The 2024 model is still listed on the official website next to the lesser derivatives, yet this story isn't dedicated to a brand-new copy but to a used one. The Ram 1500 TRX is on its dying bed, as the automaker has decided it to send it off with the Final Edition. What we ha. continue reading. )
AutoSuccess
FEBRUARY 15, 2024
Dealerships in 2024 will continue to face used car sourcing challenges. I recently read an article that netted the issue: “Dealers navigating a used-vehicle market that already allows little room for error are eyeing another obstacle: worsening used-car availability.”
Auto Remarketing
MARCH 20, 2024
Sales of used cars and certified pre-owned vehicles took a big jump in February, thanks to falling prices that have widened the price gap between new and used vehicles, according to the latest State of the Dealer Report from ZeroSum. million used vehicles last month, up from 1.13 The report showed dealers moved 1.29
Auto Remarketing
JANUARY 18, 2024
Same goes for the used-car market, it seems. Despite a slowdown from the prior month and the heights reached in the summer, used-car sales in December capped what ended up being a pretty solid year, according to Cox Automotive. In fact, used-car sales (overall and retail) fell sequentially in both November and December.
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