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How a lack of off-lease vehicle is hurting the used market

Auto Service World

Off-lease vehicles are a key source of product for the used car market. In the years leading up to the pandemic, new light vehicle sales peaked in 2017 and remained strong until 2019, with lease penetration rates exceeding 35 per cent.

Vehicle 274
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Man Buys Used 2017 Acura NSX in 2022, Drives Just 2,600 Miles, Gets Rid of It for $105,000

autoevolution

This 2017 Acura NSX boasts a Source Silver Metallic over red leather configuration and is powered by a twin-turbo 3.5L Yesterday, this car sold at auction for $105,000. It was purchased by a man living in Arizona back in 2022, when he proceeded to add 2,600 miles to the odometer, which indicates a total of just under 28,000 miles.

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How Canadian new vehicle sales fared in 2024

Auto Service World

per cent for granted, the market remains approximately 180,000units below its 2017 high, despite a Canadian population that has increased from 36.7 The growth of SUVs led to a new record for light truck share, with passenger cars falling to only 13.4 While we would never take a gain of 8.2 million] to 41.5 per cent of total sales.

Vehicle 276
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Autel: Pushing the Boundaries of Aftermarket Diagnostics 

Brake & Front End

Industry-Leading Access to OE-Gateways Automakers started integrating security gateway modules (SGM/SGW) into their new vehicles, starting with 2017/2018 model vehicles. Coverage includes: Stellantis brands: 2017 and newer Chrysler, Dodge, Jeep, Ram, Alfa Romeo, FIAT, and Maserati.

Software 245
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Michael Edmunds, B’laster IOTY Candidate

Tomorrow's Technician

Michael Edmunds, automotive instructor at East Syracuse Manoa Central High School and mentor to the school’s Spartan Garage Car Club is the first candidate in the 2024-2025 Tomorrows Technician Instructor of the Year competition, presented by Blaster Corporation in association with the North American Council of Automotive Teachers.

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Owner Hasn't Driven His Model S for a Year. The Car Locks Him Out, He Calls Tesla

autoevolution

A young man purchased a 2017 Tesla Model S last year, but he did not need it or like it much. The charging level was down to zero, and the car had locked him out. You know those stories about cars parked for years, someone shows up, changes the oil, pours in the necessary fluids, and the engines instantly roar back to life.

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ASW Conversations: Opening new bay doors

Auto Service World

The 2017 Canadian Technician of the Year from CARS magazine was the lead tech at Master Mechanic High Park, the 2021 Shop of the Year. It’s not often, perhaps even rare, these days that a technician sets off on their own to open their own shop. But that’s the plunge Rui Silvestre has taken.