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Report shows Q1 used-car retail prices calm before a potential storm

Auto Remarketing

As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. An early indication might have come in the form of used-vehicle trade-in values, which in March rose 1.9% year-over-year.

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Retail used-car market by the numbers: Supply, demand, prices & EV metrics

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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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Surge in wholesale prices signals start of tariff-fueled ‘roller coaster ride’

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But while the forecast for new-car sales ranges from a potential low of 15.6 million, the used-vehicle range is narrower, from 37.6 Our context for the used car market in particular is very different than it was in 2021, Smoke said. million units to as high as the original projection of 16.3 million to 38.0

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Color study shows the graying of America’s cars

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America’s cars are going gray — and not just because they’re getting older. The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. auto market, representing 78.9%

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccess

cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars. Purchase Prices : The Manheim Used Vehicle Value Index highlights that used vehicle prices have skyrocketed due to supply constraints and increased demand.

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Mixed views on March, but signs point to ‘normalcy’ in wholesale vehicle market

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Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. year-over-year and rose 0.9%

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COMMENTARY: AI and auto — perfecting pricing strategies

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So in this article, we will explore how AI tools can help used-car dealers stay ahead of the trends with advanced sales data analyses, in addition to investigating real-world examples of AI as it has been applied to provide dynamic, more effective prices.