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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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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.

Car 275
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Trucks, SUVs head list of best-selling used vehicles, but Tesla EVs moving up

Auto Remarketing

Its not a surprise to find full-sized pickup trucks at the top of a list of Americas 100 best-selling used vehicles. million used car sales from the past five model years to identify the most popular used cars bought in 2024. 1-selling used vehicle in the 50 largest U.S.

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Best used pickup trucks for the money in 2024

Autoblog: Repairs

Filed under: Car Buying , Used Car Buying , Auto Repair , Driving , Maintenance , Ownership , Truck Continue reading Best used pickup trucks for the money in 2024 Best used pickup trucks for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:55:00 EST. Please see our terms for use of feeds.

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Prices plateau in more stable used-car environment

Auto Remarketing

The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment , the company pinpointed three retail used-car pricing trends that have stood out. Tom Kontos, the chief economist at ADESA, has noticed a similar flattening in wholesale used-car prices. year-over-year.

Used Cars 105
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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

Auto Remarketing

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck. The post Report finds U.S.

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

Auto Remarketing

Car prices were up 4.4% Truck segment prices climbed 2.7% In the retail market, prices for used vehicles in most segments are down at least 10% from the apex in spring 2023, according to the latest CARFAX Used Car Index. from May, while pickup trucks are down 11.2% Car prices are off 8.7%