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.

Used Cars 111

Used Cars Retail Car Vehicle 111

autoevolution

APRIL 27, 2024

Dodge recently unveiled the all-new Charger, with its ICE and EV power options, and it's getting ready to launch it, and Chevrolet dropped the sixth-gen Camaro at the end of 2023. As a result, muscle car shoppers looking for a brand-ne. continue reading. )

Used Cars 104

Used Cars Car IT 104

Auto Remarketing

FEBRUARY 27, 2024

Used-vehicle prices are showing a “typical seasonal rise” on a month-over month basis in the wholesale market but are down double-digits from early 2023. Meantime, used-vehicle prices on the retail side of the market “are in retreat” from peaks reached in May. Car prices were up 4.4% from January 2023.

Used Cars 52

Used Cars Car Retail Trucking 52

Auto Remarketing

OCTOBER 25, 2023

Like the Earp brothers in “Tombstone,” the used-car industry is reuniting in Arizona this year for Used Car Week. While the sunshine, balmy climate and cool desert nights remain, much has changed in the five years since Used Car Week made its way to the Grand Canyon State.

Used Cars 52

Used Cars Car Finance Retail 52

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

Used Cars 52

Used Cars Car Vehicle 52

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.”

Used Cars 52

Used Cars Car Vehicle Management 52

Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. The post PODCAST: What we’ve learned about EVs in 2023 appeared first on Auto Remarketing.

Retail 104

Retail Electric Vehicles Used Cars Electricity 104

Auto Remarketing

MAY 7, 2024

from April 2023. The post Used-car values down 14% as Manheim index hits lowest level since March 2021 appeared first on Auto Remarketing. SUV/CUV prices were off 14.6% year-over-year and luxury prices fell 12.9%. The decline for non-electric vehicles was at 13.1%, while EV values dropped 17.5%

Used Cars 52

Used Cars Car Electric Vehicles Vehicle 52

Auto Remarketing

FEBRUARY 7, 2024

While car prices were high in 2023, car buyers — especially used-car buyers — were increasingly happier with their experience, according to the latest research from Cox Automotive. Car shoppers prefer an omnichannel approach. Still, that was down from 54% in the 2022 study.

Used Cars 52

Used Cars Car Vehicle Automobile 52

Autoblog: Car News

DECEMBER 24, 2023

Permalink | Email this | Comments

Used Cars 101

Used Cars Car 101

Auto Remarketing

OCTOBER 4, 2023

In this installment of Auto Remarketing’s 40 Under 40 franchise, we feature the 2023 honorees in the “40 Under 40: Industry” program, which is sponsored by IAA and focuses on consignors, auctions, auto finance, vendors, tech companies, associations and other players within the used-car space.

Finance 111

Finance Used Cars Automotive Car 111

autoevolution

JANUARY 5, 2024

The Ford F-150 remained the most popular used car sold in the US in 2023. million used car sales from the last five years and calculated each model’s market share of used car sales nationally, but also within metropolitan areas and within states. But which was the most popular EV?

Electric Cars 52

Electric Cars Electricity Car Used Cars 52

The Mechanic Doctor

SEPTEMBER 10, 2023

Selling your used car for top cash is not only a smart financial move but also a surprisingly straightforward process. Prepare Your Used Car for Sale The first step to securing top cash for your used car is to make it look and run its best.

Used Cars 52

Used Cars Car Mechanic Vehicle 52

Auto Remarketing

JULY 7, 2023

Cherokee Media Group senior editors Joe Overby and Nick Zulovich welcomed their newest teammate, Andrew Friedlander, for this installment of the Auto Remarketing Podcast recorded in Las Vegas at the 2023 NIADA Convention. The post PODCAST: Cherokee Media Group recaps 2023 NIADA Convention appeared first on Auto Remarketing.

Media 52

Media Used Cars Car 52

autoevolution

MARCH 7, 2024

Well, at least as far as the used car market is concerned, where hypercar buyers tend to focus their purchasing power on vehicles that are sure to go up in value ove. The Hennessey Venom F5 is a rear mid-engine, rear-wheel drive hypercar, which also happens to be one of the fastest man-made objects in the world. continue reading. )

Used Cars 52

Used Cars Engineering Vehicle Car 52

Autoblog: Repairs

OCTOBER 4, 2023

Filed under: Government/Legal , Car Buying , Used Car Buying , Auto Repair , Insurance , Ownership Continue reading What is a branded title? Everything you need to know originally appeared on Autoblog on Wed, 4 Oct 2023 15:36:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Insurance 81

Insurance Auto Repair Used Cars Car 81

Auto Remarketing

MAY 8, 2024

Over 4% of Carvana’s sales in the first quarter were battery-electric vehicles, more than doubling their share of sales from Q1 2023, according to a study released Wednesday by the online used-car retailer. And while in the overall used-car market, BEVs commanded less than 1% share of sales for full-year 2023, 7.6%

Used Cars 98

Used Cars Electric Vehicles Vehicle Retail 98

Auto Remarketing

APRIL 12, 2024

higher than March 2023. At the same time, used-car prices plummeted 5.1% March’s data shows the new- and used-car markets are adjusting,” the Cars Commerce analysis said, “with new-car prices continuing to drop and used-car prices hitting their lowest point in years, signaling a move toward more typical pricing.”

Car 111

Car Used Cars Electric Vehicles Vehicle 111

Autoblog: Repairs

OCTOBER 4, 2023

Filed under: Government/Legal , Car Buying , Used Car Buying , Auto Repair , Insurance , Ownership Continue reading What is a branded title? Everything you need to know originally appeared on Autoblog on Wed, 4 Oct 2023 15:36:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Insurance 69

Insurance Auto Repair Used Cars Car 69

Autoblog: Maintainence

JUNE 22, 2023

Filed under: Car Buying , Used Car Buying , Gas Prices , Insurance , Maintenance , Ownership , Safety Continue reading Here's $12,000. Buy a car for college Here's $12,000. Buy a car for college originally appeared on Autoblog on Thu, 22 Jun 2023 10:00:00 EDT. Please see our terms for use of feeds.

Insurance 52

Insurance Car Used Cars 52

Autoblog: Repairs

JULY 20, 2023

Filed under: Acura , Used Car Buying , Auto Repair , Maintenance , Ownership , Parts and Accessories , Classics Continue reading How I was reunited with my Acura TSX after 16 years How I was reunited with my Acura TSX after 16 years originally appeared on Autoblog on Thu, 20 Jul 2023 07:00:00 EDT.

Auto Repair 52

Auto Repair Used Cars Car 52

Auto Remarketing

JANUARY 7, 2024

Drivers who bought their cars used show little loyalty to their current brand when buying another vehicle — especially when they buy another used vehicle— according to the latest research by LexisNexis Risk Solutions. LexisNexis analyzed vehicles and owners that make up a garage, using 107 million U.S. connected car.

Vehicle 109

Vehicle Used Cars Automotive Car 109

Autoblog: Car News

MAY 16, 2023

Filed under: Auto News , Weird Car News , Car Buying , Used Car Buying Continue reading Miami dealership employee accused of taking $180,000, not delivering the cars Miami dealership employee accused of taking $180,000, not delivering the cars originally appeared on Autoblog on Tue, 16 May 2023 11:11:00 EDT.

Car 52

Car Used Cars 52

Autoblog: Maintainence

MAY 2, 2023

Filed under: Car Buying , Used Car Buying , Maintenance , Ownership , Truck , SUV Continue reading These are the cars most likely to make it to 250,000 miles These are the cars most likely to make it to 250,000 miles originally appeared on Autoblog on Tue, 2 May 2023 12:16:00 EDT.

Car 52

Car Used Cars IT Trucking 52

Autoblog: Repairs

MAY 15, 2023

Filed under: Aftermarket , Green , Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Average age of vehicles on U.S. years, another record originally appeared on Autoblog on Mon, 15 May 2023 09:03:00 EDT. Please see our terms for use of feeds. roads hits 12.5 roads hits 12.5

Vehicle 52

Vehicle Auto Repair Used Cars Car 52

Auto Remarketing

FEBRUARY 7, 2024

There was a bit of relief in the wholesale used-vehicle market last month, and not just in terms of prices falling year-over-year. January’s month-over-month steadiness in used-car prices was a respite from the volatility in 2023. Cox Automotive’s Manheim Used Vehicle Value Index for January came in at.

Vehicle 52

Vehicle Used Cars Car 52

AutoSuccess

APRIL 5, 2024

Car Pros Honda El Monte has received the 2023 Honda Masters Circle award from American Honda Motor Company Inc. for the second year in a row in recognition of being one of the top 50 Honda dealerships in America for their 2023 new vehicle sales performance. billion in 2023, up from $1.03 billion in 2022.

Car 52

Car Automotive Utilities Used Cars 52

Jalopnik

NOVEMBER 18, 2023

These are the most-read car buying stories of the week, and a couple you may have missed. Read more.

Car 58

Car Used Cars Finance 58

Auto Remarketing

SEPTEMBER 15, 2023

Through eight months of 2023, certified pre-owned vehicle sales are beating prior-year figures by 8% as the segment remains a “bright spot” in the overall used-car landscape, according to a presentation Tuesday by Cox Automotive analysts. In fact, August was the strongest month for.

Used Cars 52

Used Cars Automotive Vehicle Car 52

Auto Remarketing

JANUARY 17, 2024

1 electric vehicle choice among Carvana’s customers in 2023. The Model 3 continued its dominance over the sector in the online used-car retailer’s annual list of its 10 best-selling EVs. We are focused on building selection across all price points to make used EVs as accessible as possible to all interested customers.”

IT 52

IT Electric Vehicles Used Cars Electricity 52

Auto Remarketing

OCTOBER 3, 2023

The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. While used-car prices overall have risen 50.4% since 2018, according to iSeeCars, the price of beige cars has more than doubled, up a stunning 103.3%

Car 52

Car Used Cars Auto Market Vehicle 52

Auto Remarketing

APRIL 8, 2024

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. It may depend on which industry index you’re observing.

Vehicle 105

Vehicle Auto Market Retail Automotive 105

Auto Remarketing

OCTOBER 24, 2023

Used Car Week is returning to Scottsdale, Ariz., Used Car Week combines six different tracks in an effort to unite all corners of the used-car industry from the auction lanes to the dealer lot to the investment world and beyond. It truly takes everybody to make Used Car Week a success,” she said.

Used Cars 64

Used Cars Media Car Education 64

Solera

AUGUST 8, 2023

Industry Trends in 2023 While the used car boom that sent prices sky high may be winding down, there is still a large demand for quality used vehicles. Here are some ways they do just that.

Car Dealership 130

Car Dealership Car Finance Customer Service 130

AutoSuccess

APRIL 19, 2024

The festivities concluded with an evening gala that raised $86,000 for Aaron’s Acres through client donations and a live auction that featured artwork from the organization’s camp members, a trip to the Kentucky Derby and a 2023 Ford Bronco. The vehicle was purchased by Andrew and Angela DeLeo of Manheim Used Car Factory.

Used Cars 52

Used Cars Management Vehicle Car 52

Auto Remarketing

MAY 1, 2024

A common hesitancy consumers might have about buying alternative-fuel vehicles (even used ones) is that the cost is too high. However, there are deals to be had in the used-car market for alternative-fuel vehicles — even beyond government rebates — that could help dealers overcome those shopper objections.

Banking 95

Banking Vehicle Alternative Fuels Electric Vehicles 95

Auto Remarketing

SEPTEMBER 15, 2023

My view is inventory levels, at least for a not too extended strike, are probably adequate to keep things going on the new-car front. On the used-car front, it’s a positive because for the very same reasons that I said the chip shortage was a positive used-car values, but maybe led to exorbitantly high values for a period of time. “To

Retail 52

Retail Used Cars Vehicle Car 52