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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This technology makes EV’s the perfect car for environmentally based consumers.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This technology makes EV’s the perfect car for environmentally based consumers.

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Used Car Buyer’s Guide: Eco-Friendly Family Cars That Won’t Break the Bank

Auto Service World

In today’s world, finding a car that is both eco-friendly and budget-friendly can be a challenge, especially for families. However, there are several used cars on the market that offer great fuel efficiency, low emissions, and a comfortable ride for the whole family. Why Choose an Eco-Friendly Car?

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CARFAX adds month-over-month data to used-car price index; how that plays out in November

Auto Remarketing

With that in mind, CARFAX has added month-over-month insights to its Used Car Index reports, the first major change in these recaps since their April 2023 debut. They were followed by pickup trucks (down 6.1%), SUVs (down 5.2%), luxury SUVs (down 4.6%) and cars (down 4.5%). Luxury car prices were down 2.1%

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Hurricane-Damaged Vehicles Still Impacting Used Car Market Months After Storms

AutoSuccess

While the Southeast recovers from the devastating impacts of Hurricanes Helene and Milton, their lingering effects are still being felt in the used car market. For those in the market for a used vehicle, this means extra caution is necessary. earlier this year.

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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.

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Used-car sales climb about 11% & move at faster clip

Auto Remarketing

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% million used vehicles, compared to 4.29 Affordability matters more than ever to consumers, and declines in used-vehicle prices help offset higher interest rates,” Robb said. In February, used sales were up 4.1%

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