Remove 2020 Remove IT Remove Used Cars
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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.

Used Cars 116
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Late-model supply dearth evident in used-car retail market

Auto Remarketing

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.

Used Cars 105
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2025 Chevy Impala SS Wants To Digitally Bully Ford's Mustang Dark Horse

autoevolution

Suppose we ignore our numerous stories about the old-timer Chevrolet Impalas that can be found on the used car market at any given moment. The reason is obvious, as the GM-owned car brand pulled the plug on it in 2020, after ten genera. continue reading. )

Used Cars 105
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Used Car Sourcing and Predictable Appraisal Accuracy

AutoSuccess

Dealerships in 2024 will continue to face used car sourcing challenges. I recently read an article that netted the issue: “Dealers navigating a used-vehicle market that already allows little room for error are eyeing another obstacle: worsening used-car availability.”

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Used-car buyers drive rapid rise in customer satisfaction, Cox study shows

Auto Remarketing

While car prices were high in 2023, car buyers — especially used-car buyers — were increasingly happier with their experience, according to the latest research from Cox Automotive. New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022.

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Price declines slowing in wholesale market, accelerating in retail

Auto Remarketing

While the groundhog hasn’t delivered his forecast yet, it seems spring might be on the way in the wholesale car market. Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. In turn, that is helping to drive down the cost of used cars.”

Retail 98
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In-person events show power of face-to-face connection

Auto Remarketing

Used Car Week is returning to Scottsdale, Ariz., Used Car Week combines six different tracks in an effort to unite all corners of the used-car industry from the auction lanes to the dealer lot to the investment world and beyond. That said, time is money these days. No one, nothing was immune.