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To avoid getting pancaked by used-car price hikes, shoppers wise to stop waffling on purchase

Auto Remarketing

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%

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CARFAX adds month-over-month data to used-car price index; how that plays out in November

Auto Remarketing

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%). car industry overall ?

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2 more views of used-car price movements in early 2024

Auto Remarketing

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.

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These Are the Most Popular Used Electric Cars in 2023 in America

autoevolution

If you thought that all Americans want are trucks, trucks, trucks, well, yes, you were right. The Ford F-150 remained the most popular used car sold in the US in 2023. But which was the most popular EV? ISeeCars analyzed over 9.2

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Made in 2023, Totaled in 2024. This Ford F-150 Raptor Is As Contorted as a Used Drink Can

autoevolution

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

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These are the cars most likely to make it to 250,000 miles

Autoblog: Maintainence

Filed under: Car Buying , Used Car Buying , Maintenance , Ownership , Truck , SUV Continue reading These are the cars most likely to make it to 250,000 miles These are the cars most likely to make it to 250,000 miles originally appeared on Autoblog on Tue, 2 May 2023 12:16:00 EDT.

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Dealers Are Refusing Toyota Tundra Trade-Ins Over Engine Recall

Jalopnik

We found out wh y Toyota’s twin-turbo V6s have been grenadeing themselves in 2022-2023 Tundras and Lexus LXs earlier this month, but there’s still no real fix for the issue. Now it seems car dealers are staying away from the once bullet-proof trucks. Read more.