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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The Mechanic Doctor

JANUARY 4, 2024

The Mechanic Doctor - Resources for Amateur and Pro Auto Mechanics If you are looking for a new or used car, you might be wondering how to get the best deal possible. One way to do that is by using automotive market analysis. Automotive market analysis can save you money in several ways.

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Jalopnik

OCTOBER 17, 2024

In today’s volatile automotive market, finding the best used car value can feel like searching for a needle in a haystack. With new car prices pushing the boundaries of belief, and used car prices constantly fluctuating, it’s time to ask the Jalopnik audience what they think the best value on the used market is.

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AutoSuccess

MARCH 1, 2024

In the automotive sales industry, a significant shift is underway, marked by the evolution of vehicle appraisal tools that are enhancing accuracy and instilling confidence among used car managers. Traditionally, dealerships have relied on inventory tools that use market data to price their inventory.

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Auto Remarketing

JANUARY 29, 2024

That includes a “normal seasonal trend” when it comes to depreciation in the wholesale vehicle market, along with “modest growth trajectory” in the new-car segment, Black Book said in a report Monday. The industry will undergo a gentle yet positive trajectory in both the new and used segments.”

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Auto Remarketing

MARCH 18, 2024

In the wake of the global pandemic, the automotive industry has been riding through a storm of unprecedented challenges and transformations. As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electric vehicle sector.

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AutoSuccess

SEPTEMBER 6, 2024

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% for used car loans.

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Auto Remarketing

JANUARY 14, 2025

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. Used car day supply is expected to remain tight and steady.

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Auto Remarketing

OCTOBER 29, 2024

Here’s more evidence the used-car market is a complex place nowadays. By leveraging advanced analytics, dealers can anticipate market shifts, optimize their inventory mix, and implement dynamic pricing strategies that respond to real-time market conditions.”

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Auto Remarketing

JUNE 12, 2024

In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. Of course, that’s not necessarily a good thing.

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The Mechanic Doctor

JANUARY 2, 2024

Vehicle History Report Canada (VHRC) Vehicle History Report Canada (VHRC) is a service that provides detailed vehicle history reports, primarily catering to the Canadian automotive market. This platform provides vital information to people in Canada who are interested in buying used cars.

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AutoSuccess

AUGUST 20, 2024

It’s a gauge of how many vehicles are trending to be sold that year and helps us compare sales volume against other points in history — or does it? Something the automotive SAAR doesn’t capture is the part that used car sales play in your store’s profitability. The result? Hold The Door!

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