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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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Odomoters keep rising, boosting aftermarket

Auto Service World

Over the next 10 years, car odometers accumulated miles more rapidly than those of light trucks, increasing the differences in average odometer readings between the two. Initial findings for 2024 indicate this trend is ongoing. As for what this means for the aftermarket, it signals strong times ahead.

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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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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.

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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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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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Used cars to avoid, ranked by Consumer Reports

Autoblog: Repairs

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