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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. This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants.

Vehicle 274
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The Living Vehicle Electric Fifth-Wheelers Bring Yacht-Like Luxury

autoevolution

Luxury and sustainability aren't mutually exclusive, as California-based boutique specialist Living Vehicle has been working to prove since 2017. Living Vehicle founders Matthew and Joanna Hofmann started out with conversions bef. continue reading. )

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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. During 2017-2019, the average change was a 0.35% decline. The 2017-2019 average was decrease of 0.22%. What could this mean? from May and fell 8.5%

Vehicle 98
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Ford Recalls 2017-18 Super Duty Vehicles

Automotive Fleet

Ford Motor Company is recalling an estimated 18,808 F-Super Duty F-250, F-350, and F-450 4x4 vehicles due to a driveshaft issue.

Vehicle 52
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Experts recap wholesale vehicle price patterns as summer shifted to fall

Auto Remarketing

September in the wholesale vehicle market was a departure from the earlier summer months, as cooler temperatures brought lower prices. Cox Automotive’s Manheim Used Vehicle Value Index for September came in at 203.0, Meanwhile, Black Book’s seasonally adjusted Used Vehicle Retention Index came in at 146.3 which was down 0.5%

Vehicle 98
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2017 Remarketing Statistics

Automotive Fleet

Statistics covering vehicle remarketing in 2017. In this report, we cover a 20-year used vehicle value index, distribution of auction sales, retail lease penetration rate, wholesale used-vehicle price trends, and depreciation rates by segment.

Retail 52
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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