Auto Remarketing

NOVEMBER 14, 2023

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.

Used Cars 111

Used Cars Retail Car Vehicle 111

Auto Remarketing

MAY 28, 2024

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. As it stands, retail prices for used vehicles have slowed significantly year-over-year: used SUVs are down 9.5%

Used Cars 109

Used Cars Car Retail Finance 109

Auto Remarketing

SEPTEMBER 20, 2024

Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. over August 2023, with the vast majority of that increase coming from vehicles more than 7 years old.

Used Cars 97

Used Cars Car Vehicle Automotive Marketing 97

Autoblog: Maintainence

OCTOBER 12, 2023

Filed under: Car Buying , Used Car Buying , Automotive History , Maintenance , Ownership , Classics Continue reading Here's $25,000, import a used car from Europe Here's $25,000, import a used car from Europe originally appeared on Autoblog on Thu, 12 Oct 2023 10:02:00 EDT.

Used Cars 79

Used Cars Car Automotive 79

Auto Remarketing

MAY 23, 2024

from the April 2023 average of $16,468, according to the report. Power said in data released Thursday that used-car prices have averaged $28,470 this month. The post How used-car prices are faring this month in wholesale, retail markets appeared first on Auto Remarketing. Prices were down 0.3% That’s down 5.4%

Retail 98

Retail Used Cars Car Vehicle 98

autoevolution

APRIL 27, 2024

The muscle car game is currently at its lowest, as Ford remains the sole player with the S650 generation Mustang. Dodge recently unveiled the all-new Charger, with its ICE and EV power options, and it's getting ready to launch it, and Chevrolet dropped the sixth-gen Camaro at the end of 2023. continue reading. )

Used Cars 98

Used Cars Car IT 98

autoevolution

JUNE 5, 2024

April and May have brought with them a lot of meaningful data regarding C8 Corvette Z06 pricing on the used car market. These models never used to sell at under MSRP before, but in recent months, we’ve seen multiple instances where the owners were “forced” to accept less than what the car was worth originally.

Used Cars 105

Used Cars IT Car 105

Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. The post PODCAST: What we’ve learned about EVs in 2023 appeared first on Auto Remarketing.

Retail 104

Retail Electric Vehicles Used Cars Electricity 104

Auto Remarketing

JANUARY 18, 2024

Same goes for the used-car market, it seems. Despite a slowdown from the prior month and the heights reached in the summer, used-car sales in December capped what ended up being a pretty solid year, according to Cox Automotive. In fact, used-car sales (overall and retail) fell sequentially in both November and December.

Used Cars 52

Used Cars Retail Car Vehicle 52

Auto Remarketing

OCTOBER 4, 2023

In this installment of Auto Remarketing’s 40 Under 40 franchise, we feature the 2023 honorees in the “40 Under 40: Industry” program, which is sponsored by IAA and focuses on consignors, auctions, auto finance, vendors, tech companies, associations and other players within the used-car space.

Finance 111

Finance Used Cars Automotive Car 111

Auto Remarketing

DECEMBER 13, 2023

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. The post USED CAR WEEK 2023 PODCAST: 1-on-1 with CarDealershipGuy appeared first on Auto Remarketing. Listen to the episode in the window below.

Used Cars 52

Used Cars Car Media Automotive 52

autoevolution

AUGUST 26, 2024

Buying a used car that was previously declared stolen presents a mix of potential benefits and risks. According to the ad, this 2023 Dodge Durango SRT Hellcat shared that fate but. On the one hand, you could be dealing with a lower purchase price, so budget-conscious buyers might want to check their morals at the door.

Insurance 100

Insurance Used Cars IT Car 100

Auto Remarketing

JANUARY 10, 2024

The year closed a positive note, with dealers seeing approximately a 3% month-over-month rise in used-car sales in December, with year-over-year sales up 1%, Cox said, citing an initial estimate based on data from its vAuto unit. Software, marketing, and data firm ZeroSum also.

Used Cars 52

Used Cars Car Retail Software 52

Auto Remarketing

APRIL 12, 2024

When tax season arrives, dealers know customers are coming — and they need cars to sell them. Not surprisingly, then, the monthly Cars Commerce Industry Insights Report for March showed a big surge in inventory. higher than March 2023. At the same time, used-car prices plummeted 5.1% since March 2023.

Car 111

Car Used Cars Electric Vehicles Vehicle 111

Auto Remarketing

OCTOBER 23, 2024

The latest numbers from Cars Commerce show a new-car market in flux, with prices falling as excess inventory builds up. In the used-car world, on the other hand, all is calm and steady. The age of those used cars is steadily increasing, which means consumers are now getting an older car for the money than they had before.

Used Cars 52

Used Cars Car Electric Vehicles Vehicle 52

Auto Remarketing

NOVEMBER 25, 2024

With that in mind, CARFAX has added month-over-month insights to its Used Car Index reports, the first major change in these recaps since their April 2023 debut. They were followed by pickup trucks (down 6.1%), SUVs (down 5.2%), luxury SUVs (down 4.6%) and cars (down 4.5%). Luxury car prices were down 2.1%

Used Cars 52

Used Cars Car Trucking Electric Vehicles 52

Auto Remarketing

FEBRUARY 27, 2024

Used-vehicle prices are showing a “typical seasonal rise” on a month-over month basis in the wholesale market but are down double-digits from early 2023. Meantime, used-vehicle prices on the retail side of the market “are in retreat” from peaks reached in May. Car prices were up 4.4% from January 2023.

Used Cars 52

Used Cars Car Retail Trucking 52

Auto Remarketing

JULY 10, 2024

The used-car retail sales environment last month didn’t improve from May, but showed year-over-year growth in June, according to reports from industry observers. million used vehicles in June, which was steady with May, but up from 1.14 million in June 2023. million used units in July. million in June 2023.

Used Cars 52

Used Cars Car Retail Vehicle 52

AutoSuccess

FEBRUARY 15, 2024

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.”

Used Cars 52

Used Cars Car Vehicle Management 52

Auto Remarketing

FEBRUARY 7, 2024

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. Car shoppers prefer an omnichannel approach. Still, that was down from 54% in the 2022 study.

Used Cars 52

Used Cars Car Vehicle Automobile 52

Auto Remarketing

MARCH 20, 2024

Sales of used cars and certified pre-owned vehicles took a big jump in February, thanks to falling prices that have widened the price gap between new and used vehicles, according to the latest State of the Dealer Report from ZeroSum. million used vehicles last month, up from 1.13 The report showed dealers moved 1.29

Used Cars 52

Used Cars Car Vehicle 52

Solera

AUGUST 8, 2023

Independent car dealerships must remain competitive compared to other independent dealers in their area and large national chains with big budgets, a strong brand identity, and access to a nationwide inventory. Offer financing options: Just like a variety of cars, customers like a variety of financing options. How do they do that?

Car Dealership 130

Car Dealership Car Finance Customer Service 130

autoevolution

JANUARY 5, 2024

The Ford F-150 remained the most popular used car sold in the US in 2023. million used car sales from the last five years and calculated each model’s market share of used car sales nationally, but also within metropolitan areas and within states. But which was the most popular EV?

Electric Cars 52

Electric Cars Electricity Car Used Cars 52

Autoblog: Repairs

OCTOBER 4, 2023

Filed under: Government/Legal , Car Buying , Used Car Buying , Auto Repair , Insurance , Ownership Continue reading What is a branded title? Everything you need to know originally appeared on Autoblog on Wed, 4 Oct 2023 15:36:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Auto Repair 98

Auto Repair Insurance Used Cars Car 98

Autoblog: Repairs

OCTOBER 4, 2023

Filed under: Government/Legal , Car Buying , Used Car Buying , Auto Repair , Insurance , Ownership Continue reading What is a branded title? Everything you need to know originally appeared on Autoblog on Wed, 4 Oct 2023 15:36:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Auto Repair 98

Auto Repair Insurance Used Cars Car 98

Auto Remarketing

MAY 7, 2024

Compact cars (down 17.6%) had the heftiest decline, followed by midsize cars (down 16.8%) and pickups (down 15.2%), Cox said. from April 2023. The post Used-car values down 14% as Manheim index hits lowest level since March 2021 appeared first on Auto Remarketing. SUV/CUV prices were off 14.6%

Used Cars 52

Used Cars Car Electric Vehicles Vehicle 52

autoevolution

MAY 22, 2024

Prices for the Lucid Air electric sedan are in freefall on the used car market, and while it shouldn’t reflect poorly on the model itself, it goes to show just where we are as an industry in terms of second-hand EVs. It’s a reality that both private parties and dealerships should accept.

Used Cars 89

Used Cars Electricity Car IT 89

The Mechanic Doctor

SEPTEMBER 10, 2023

Selling your used car for top cash is not only a smart financial move but also a surprisingly straightforward process. Prepare Your Used Car for Sale The first step to securing top cash for your used car is to make it look and run its best.

Used Cars 52

Used Cars Car Mechanic Vehicle 52

Auto Remarketing

JANUARY 7, 2024

Drivers who bought their cars used show little loyalty to their current brand when buying another vehicle — especially when they buy another used vehicle— according to the latest research by LexisNexis Risk Solutions. of new-car owners bought the same brand for their next new-car purchase, up from 49.7%

Vehicle 109

Vehicle Used Cars Automotive Car 109

Jalopnik

NOVEMBER 18, 2023

These are the most-read car buying stories of the week, and a couple you may have missed. Read more.

Car 58

Car Used Cars Finance 58

Auto Remarketing

JULY 7, 2023

Cherokee Media Group senior editors Joe Overby and Nick Zulovich welcomed their newest teammate, Andrew Friedlander, for this installment of the Auto Remarketing Podcast recorded in Las Vegas at the 2023 NIADA Convention. The post PODCAST: Cherokee Media Group recaps 2023 NIADA Convention appeared first on Auto Remarketing.

Media 52

Media Used Cars Car 52

autoevolution

SEPTEMBER 3, 2024

You’re looking at a highly specified 2023 Chevrolet Corvette Z06 Coupe with just 922 miles on the clock. We’ve been following the Z06 variant of the C8 Corvette on the used car market for a while now. At first, they were selling like hot cakes for an “infini. continue reading. )

Used Cars 52

Used Cars Car IT 52

Auto Remarketing

MAY 8, 2024

Over 4% of Carvana’s sales in the first quarter were battery-electric vehicles, more than doubling their share of sales from Q1 2023, according to a study released Wednesday by the online used-car retailer. And while in the overall used-car market, BEVs commanded less than 1% share of sales for full-year 2023, 7.6%

Used Cars 98

Used Cars Electric Vehicles Vehicle Retail 98

Autoblog: Maintainence

JUNE 22, 2023

Filed under: Car Buying , Used Car Buying , Gas Prices , Insurance , Maintenance , Ownership , Safety Continue reading Here's $12,000. Buy a car for college Here's $12,000. Buy a car for college originally appeared on Autoblog on Thu, 22 Jun 2023 10:00:00 EDT. Please see our terms for use of feeds.

Car 52

Car Insurance Used Cars 52

Autoblog: Car News

MAY 16, 2023

Filed under: Auto News , Weird Car News , Car Buying , Used Car Buying Continue reading Miami dealership employee accused of taking $180,000, not delivering the cars Miami dealership employee accused of taking $180,000, not delivering the cars originally appeared on Autoblog on Tue, 16 May 2023 11:11:00 EDT.

Car 52

Car Used Cars 52

Motor Verso

MAY 26, 2024

Recent research shows that 92% of UK car owners use car financing to buy their vehicles. As of 2023, Brits… Read more » The post Car Financing: What Are The Pros And Cons Of PCP Finance? appeared first on Motor Verso.

Finance 52

Finance Car Used Cars Vehicle 52

autoevolution

SEPTEMBER 13, 2024

This poor Ford F-150 Raptor R rolled off the production line in 2023. The model is going to end up on the used car parts market in pieces. One year later, it is a write-off. The poor pickup truck has no chance of ever getting back on the road again. This is how $100,000 going down the drain looks. continue reading. )

Insurance 52

Insurance Trucking Car Parts Used Cars 52