Auto Remarketing

OCTOBER 23, 2024

Used-car profits soared during the pandemic. But as the market turns the corner toward the end of 2024, “used vehicles may be finding their new normal on profitability.”

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Used Cars Car Vehicle 52

Auto Remarketing

APRIL 29, 2024

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.

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Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

NOVEMBER 5, 2024

In Cars Commerce’s most recent Industry Insights Report , industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of the current new-car environment. So, why isn’t the used-car sector experiencing the same “adjustment” as new cars?

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Used Cars Car Vehicle Electric Vehicles 52

Auto Remarketing

APRIL 17, 2024

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% Through three months of 2024, dealers have sold approximately 4.38 million used vehicles, compared to 4.29 The year began with used-car sales by dealers falling 6.4% In February, used sales were up 4.1%

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Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

SEPTEMBER 20, 2024

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. The report, based on data from Car Commerce’s platforms, including Cars.com, Dealer Inspire and AccuTrade, shows used-car inventory up 2.3%

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Used Cars Car Vehicle Automotive Marketing 97

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.

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Used Cars Car Electric Vehicles Vehicle 52

autoevolution

MAY 10, 2024

To determine the least reliable used cars you can buy in 2024, the team from the ultra-famous "carwow" YouTube channel teamed up with a leading UK aftermarket warranty provider. The data comes from thousands of detailed car breakdowns, so we'll discuss average fixing costs but also the most expensive repairs.

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Used Cars Car IT 107

Auto Remarketing

FEBRUARY 27, 2024

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. Car prices are off 8.7% from the peak, with luxury cars down 5.9%. May was the high point for used-car prices in 2023. “May

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Used Cars Car Retail Trucking 52

Auto Remarketing

APRIL 4, 2024

But it’s not exactly one the used-car business — and especially the certified pre-owned segment — is looking forward to. TO READ THE FULL STORY BECOME A MEMBER Login The post Approaching off-lease anniversary will affect used-car market, Cox experts say appeared first on Auto Remarketing.

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Used Cars Car 79

Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used prices dropped 2.9%

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Used Cars Retail Car Vehicle 105

Autoblog: Repairs

FEBRUARY 14, 2024

Filed under: Honda , Toyota , Car Buying , Used Car Buying , Auto Repair , Ownership Continue reading 12 new cars that last the longest in 2024 12 new cars that last the longest in 2024 originally appeared on Autoblog on Wed, 14 Feb 2024 12:15:00 EST. Please see our terms for use of feeds.

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Car Auto Repair Used Cars 124

Autoblog: Repairs

JANUARY 31, 2024

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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Trucking Auto Repair Used Cars Car 119

Auto Remarketing

SEPTEMBER 12, 2024

In this installment of Auto Remarketing’s 40 Under 40 franchise, we feature the 2024 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.

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Finance Used Cars Car 105

Autoblog: Repairs

JANUARY 31, 2024

Filed under: Car Buying , Used Car Buying , Auto Repair , Driving , Maintenance , Ownership , Crossover , SUV Continue reading Best used SUVs for the money in 2024: Long-lasting, reliable machines Best used SUVs for the money in 2024: Long-lasting, reliable machines originally appeared on Autoblog on Wed, 31 Jan 2024 14:40:00 EST. Please see our terms (..)

Auto Repair 119

Auto Repair Used Cars Car 119

Auto Remarketing

NOVEMBER 22, 2023

Just before finishing his time at Used Car Week, CarGurus director of industry analytics Kevin Roberts took a few moments to appear again on the Auto Remarketing Podcast. Roberts shared some tidbits from CarGurus’ upcoming report recapping this year’s used-vehicle market as well as what trends he’ll be watching closely in 2024.

Used Cars 52

Used Cars Car 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.”

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Used Cars Car Vehicle Management 52

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.

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Used Cars Retail Car Vehicle 52

Auto Remarketing

JANUARY 3, 2024

million-unit deficit in the number of 1- to 3-year-old vehicles expected to re-enter the pre-owned car market in the near future, leading to a “sparse and expensive” picture for dealers’ used-car inventories, Cars Commerce says in its 2024 Automotive Trends report released Wednesday. There is roughly a 10.2

Used Cars 52

Used Cars Car Utilities Automotive 52

Autoblog: Maintainence

FEBRUARY 8, 2024

Filed under: Car Buying , Used Car Buying , Maintenance Continue reading The most expensive vehicles to buy parts for in 2024 The most expensive vehicles to buy parts for in 2024 originally appeared on Autoblog on Thu, 8 Feb 2024 14:00:00 EST. Please see our terms for use of feeds.

Vehicle 73

Vehicle Used Cars Car 73

autoevolution

DECEMBER 25, 2023

The 2024 model is still listed on the official website next to the lesser derivatives, yet this story isn't dedicated to a brand-new copy but to a used one. The Ram 1500 TRX is on its dying bed, as the automaker has decided it to send it off with the Final Edition. What we ha. continue reading. )

Used Cars 85

Used Cars IT Car 85

Autoblog: Maintainence

SEPTEMBER 1, 2024

Filed under: Car Buying , Used Car Buying , Maintenance , Ownership Continue reading What is ceramic coating for cars? What is ceramic coating for cars? originally appeared on Autoblog on Sun, 1 Sep 2024 11:00:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Car 111

Car Used Cars 111

Autoblog: Repairs

JUNE 27, 2024

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading EVs fare poorly in J.D. Power quality survey; Ram and Porsche top the rankings originally appeared on Autoblog on Thu, 27 Jun 2024 16:31:00 EDT. Please see our terms for use of feeds.

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Auto Repair Used Cars Car 126

Autoblog: Repairs

JANUARY 16, 2024

Filed under: Green , Tesla , Used Car Buying , Auto Repair , Electric Continue reading Hertz's Tesla liquidation sale likely means more depreciation for used EVs Hertz's Tesla liquidation sale likely means more depreciation for used EVs originally appeared on Autoblog on Tue, 16 Jan 2024 18:03:00 EST. Please see our terms for use of feeds.

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Auto Repair Used Cars Electricity Car 143

Auto Remarketing

JANUARY 29, 2024

“Normal” hasn’t often been a word to describe the auto industry in the last four years, but 2024 could be the return of stability and typical market patterns. The data suggests a promising bounce back for the automotive market in 2024,” Black Book chief data officer Alex Yurchenko said in a news release accompanying the report.

Car 98

Car Automotive Marketing Retail Used Cars 98

Auto Remarketing

SEPTEMBER 27, 2024

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. Growth in the used-car market The used-car market, particularly certified pre-owned (CPO) vehicles, is experiencing steady growth.

Retail 52

Retail Automotive Used Cars Vehicle 52

AutoSuccess

OCTOBER 18, 2024

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. Growth in the Used Car Market The used car market, particularly certified pre-owned (CPO) vehicles, is experiencing steady growth.

Retail 52

Retail Automotive Used Cars Utilities 52

Autoblog: Car News

JUNE 20, 2024

Filed under: Weird Car News , Car Buying , Car Dealers , Used Car Buying Continue reading Thousands of car dealers crippled by 2-day cyberattack Thousands of car dealers crippled by 2-day cyberattack originally appeared on Autoblog on Thu, 20 Jun 2024 11:44:00 EDT.

Car 106

Car Used Cars 106

Autoblog: Maintainence

AUGUST 17, 2024

Filed under: Lexus , Toyota , Car Buying , Used Car Buying , Driving , Maintenance , Ownership Continue reading These are the 10 longest-lasting vehicles on the road today These are the 10 longest-lasting vehicles on the road today originally appeared on Autoblog on Sat, 17 Aug 2024 10:00:00 EDT.

Vehicle 92

Vehicle Used Cars Car 92

autoevolution

APRIL 12, 2024

A brand-new 2024 Mercedes-AMG ONE has just been delivered and is already for sale. With Mercedes failing to impose a no-resale policy to prevent car flipping, the ultra-limited run model is the second that already ended up on the used car market.

Used Cars 40

Used Cars Car IT 40

Autoblog: Car News

AUGUST 12, 2024

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Used Cars Car Vehicle 95

Autoblog: Car News

JUNE 21, 2024

Filed under: Earnings/Financials , Weird Car News , Car Buying , Car Dealers , Used Car Buying Continue reading Car-dealer chaos across U.S. and Canada as massive cyberattack continues Car-dealer chaos across U.S. Please see our terms for use of feeds. Permalink | Email this | Comments

Car 83

Car Used Cars 83

autoevolution

JULY 22, 2024

Sometimes, I wonder whether I’ve been too harsh when discussing the value of Z06-spec C8 Corvettes on the used car market. After all, on paper, this car is an all-time great. The current-generation Z06 is powered by a naturally aspirated 5.5-liter Naturally aspirated V8 engines don’t get more powerful than this.

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Used Cars Engineering Car 59

Jalopnik

JUNE 15, 2024

A woman in Knoxville, Tennessee had to turn to a local news station’s “Help Me” consumer affairs guy after a used car dealership sold her Ford Taurus out from under her after she brought it in for repairs. If that wasn’t bad enough, months later, the car was still registered in her name.

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Car Dealership Car Used Cars IT 43

autoevolution

SEPTEMBER 13, 2024

The model is going to end up on the used car parts market in pieces. This poor Ford F-150 Raptor R rolled off the production line in 2023. 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. )

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Insurance Trucking Car Parts Used Cars 52

Autoblog: Repairs

JULY 10, 2024

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Auto Repair Used Cars Car 124

autoevolution

APRIL 11, 2024

But Tesla announced the model is sold out for 2024 and the frenzy is back. The used car market is a car flippers’ paradise. There were Tesla Cybertrucks that failed to sell even though their prices were not much higher than their MRSP. That is more than double its MRSP. A Cybertruck Foun. continue reading. )

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IT Used Cars Car 91

AutoSuccess

FEBRUARY 1, 2024

Car Wars is announcing new and upcoming technology advancements at NADA 2024, Feb. Car Wars said in a press release its mission is to maximize the vast potential of AI and large language models while strongly utilizing the human element at the core of their approach.

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Service Advisor Car Utilities Customer Service 52