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Here’s how Canadians are approaching car buying

Auto Service World

The study, conducted in August 2024, found that vehicle purchase intent has remained stable compared to the previous year, with 27 per cent of Canadians planning to buy a vehicle in the next six months. Canadians are also increasingly open to both new and used vehicles.

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Report: Tariff worries fuel record used-car sales in March

Auto Remarketing

But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. On a monthly basis, the State of the Dealer report strives to answer the question all automotive dealers are wondering: Is it going to be harder or easier to sell a car in the next 30 days? the report began.

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Odomoters keep rising, boosting aftermarket

Auto Service World

As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles. “Older cars and light trucks generate more aftermarket product use per mile than newer models,” the report said.

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New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars

Auto Remarketing

of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. That was especially evident towards the end of 2024. After hitting a trough of 2.9%

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Making sense of February’s used-car retail prices

Auto Remarketing

Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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Best used cars for the money in 2024

Autoblog: Repairs

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Best used cars for the money in 2024 Best used cars for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:33:00 EST. Please see our terms for use of feeds.

Used Cars 116
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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. This after what appeared to be sluggish start to 2024. In the first month of 2024, however, certified sales were off to a slow start. million units. year-over-year.

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