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Prices plateau in more stable used-car environment

Auto Remarketing

The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment , the company pinpointed three retail used-car pricing trends that have stood out. Tom Kontos, the chief economist at ADESA, has noticed a similar flattening in wholesale used-car prices. year-over-year.

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Buying a Used Car: Mileage vs. Age, What’s More Important?

Auto Service World

When purchasing a used car, it is important to take into account both the mileage and age of the vehicle. These two factors are vital in evaluating the condition of the car. In this article, we will explore the importance … The post Buying a Used Car: Mileage vs. Age, What’s More Important?

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Used-car sales climb about 11% & move at faster clip

Auto Remarketing

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% million used vehicles, compared to 4.29 Affordability matters more than ever to consumers, and declines in used-vehicle prices help offset higher interest rates,” Robb said. In February, used sales were up 4.1%

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Used-car sales pick up pace after slow start to 2024

Auto Remarketing

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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Best used cars for the money in 2024

Autoblog: Repairs

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Best used cars for the money in 2024 Best used cars for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:33:00 EST. Please see our terms for use of feeds.

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Here's $25,000, import a used car from Europe

Autoblog: Maintainence

Filed under: Car Buying , Used Car Buying , Automotive History , Maintenance , Ownership , Classics Continue reading Here's $25,000, import a used car from Europe Here's $25,000, import a used car from Europe originally appeared on Autoblog on Thu, 12 Oct 2023 10:02:00 EDT.

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Q3 marked ‘return to normalcy’ for used-car retail prices

Auto Remarketing

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.

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