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

Auto Service World

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market. The long-term impact of these disruptions is now being felt, the consultancy reported.

Vehicle 274
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How wholesale vehicle prices are faring at June’s midpoint

Auto Remarketing

Weekly wholesale vehicle price declines are outpacing pre-pandemic norms. The average for the same week in 2017-2019 was a decrease of 0.27%, Black Book said. Car values fell 0.58%, following a 0.76% drop the prior week. During 2017-2019, the average change was a 0.35% decline. The 2017-2019 average was decrease of 0.22%.

Vehicle 98
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JD Power study shows decline in vehicle dependability

Auto Remarketing

Vehicle dependability is slipping, according to the latest research from J.D. Vehicle Dependability Study found vehicle owners are experiencing more problems after three years of ownership, which the research firm said indicates a decline in long-term vehicle dependability. Power 2024 U.S. Frank Hanley, J.D.

Vehicle 122
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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. As July comes to a close, the depreciation rate is stabilizing.

Vehicle 105
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2025 BMW X3: Here's Everything We Know About Munich's Premium Compact SUV

autoevolution

Since then, BMW has launched two more generations, with the latest coming out back in 2017. Seven years is more than enough to make a vehicle look outdated in today's fast-moving automotive industry, and the Munich car brand is aware of this. The original X3 debuted more than two decades ago. continue reading. )

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Bridgestone Potenza tires secure 5 of Top 10 spots in One Lap of America

Tire Review Magazine

See below for a full list of Bridgestone wins at One Lap: Top 10 finishes on Bridgestone Tires 4th Place Car #: 5 Vehicle & Tires: 2017 Chevrolet Corvette Grand Sport on Bridgestone Potenza RE-71RS Drivers: Brian Peters & John Hogan 5th Place Car #: 2 Vehicle & Tires: 2020 Toyota Supra on Bridgestone Potenza RE-71RS Drivers: David Marcus (..)

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Bridgestone Potenza tires secure 5 of Top 10 spots in One Lap of America

Tire Review Magazine

See below for a full list of Bridgestone wins at One Lap: Top 10 finishes on Bridgestone Tires 4th Place Car #: 5 Vehicle & Tires: 2017 Chevrolet Corvette Grand Sport on Bridgestone Potenza RE-71RS Drivers: Brian Peters & John Hogan 5th Place Car #: 2 Vehicle & Tires: 2020 Toyota Supra on Bridgestone Potenza RE-71RS Drivers: David Marcus (..)