2021 Electricity Used Cars 
Auto Remarketing
MAY 7, 2024
was the lowest it has been since March 2021, when it came in at 195.4, The decline for non-electric vehicles was at 13.1%, while EV values dropped 17.5% The post Used-car values down 14% as Manheim index hits lowest level since March 2021 appeared first on Auto Remarketing. year-over-year and 2.3% from March.
Auto Remarketing
JANUARY 17, 2024
1 electric vehicle choice among Carvana’s customers in 2023. Just like in 2022 and 2021. The Model 3 continued its dominance over the sector in the online used-car retailer’s annual list of its 10 best-selling EVs. The Model 3 is by far the top-selling used EV in the nation, according to data from iSeeCars.
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AutoSuccess
DECEMBER 13, 2024
. “We saw a surge in the outlook, technically the largest surge we have had quarterly in the history of the data, and it gets us back to Q2 2022 levels,” noted Smoke. “It is the best fourth quarter since 2021, which was the most profitable quarter in dealer history.” Views of the U.S.
AutoSuccess
MARCH 19, 2024
After peaking at 60 in 2021, the profitability index has continued to decrease, hitting a post-pandemic low for the second straight quarter in Q1, indicating most dealers see profits as weak, not strong. The overall profits index hit an all-time high of 60 in Q3 2021 and has been sliding ever since. economy was shut down.
AutoSuccess
JUNE 11, 2024
The profit index, for example, increased for the first time since Q3 2021. With moderate incentives since 2021, dealers consistently describe their current OEM new-vehicle incentives as small. Conversely, the used-vehicle sales index remains under the 50 threshold, indicating a weak market.
Auto Remarketing
JUNE 12, 2024
Likewise, independents’ 38 score for the used-car sales environment (up from 36 in Q1) was far worse than the franchises’ hopeful index of 54. Still, Smoke said, hidden in the overall dealer pessimism are some positive signs, notably the profit index, which, while it only reached 36 overall, rose for the first time since Q3 2021.
Auto Remarketing
JULY 23, 2024
Edmunds shared a wide array of electric-vehicle information on Tuesday, including insights about trade-in activities at dealerships involving a Tesla. Perhaps of most interest to used-car managers, Edmunds said that its data through June showed 51% of all Teslas traded in to a dealership went toward a purchase or lease of a new ICE vehicle.
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