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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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Lane watch: What only appreciating vehicle segment might be saying about market

Auto Remarketing

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed. That’s up 80 basis points year-over-year , according to data collected via Dealertrack.

Vehicle 105
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VW 2.0L TDI Diesel Service Opportunities

Tomorrow's Technician

Although the dust has settled on the VW Diesel gate scandal, the story is still not over for diesel cars that were bought back by VW. You may have noticed that there are a lot of 2009-2015 diesel Jettas, Bugs and Golfs hitting used car lots. TDI VWs were purchased from customers in 2016 and 2017. These 2.0L

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Report shows consumers ‘speaking with their wallets’ on affordability concerns

Auto Remarketing

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As

Finance 52
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BA Auto Care, Columbia Maryland’s Top Independent Auto Repair Shop Celebrates 45 Years of “Looking Out For You and Your Car”

BA Auto Care

The new company, British American Auto Care specialized in the repair of British and American cars and became the anchor repair shop in the first Auto Park on the East Coast. This market research proved highly successful and British American soon added Japanese and European cars to their already impressive service list.