Auto Remarketing

MARCH 11, 2024

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. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year.

Used Cars 116

Used Cars Car Retail Automobile 116

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.

Used Cars 105

Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

MAY 15, 2024

Edmunds director of insights Ivan Drury highlighted multiple tailwinds that could help the retailing of used cars. The return of holdout buyers should help bolster the supply of more affordable, older used vehicles. “The The return of holdout buyers should help bolster the supply of more affordable, older used vehicles.

Used Cars 105

Used Cars Car Retail Vehicle 105

Auto Remarketing

APRIL 17, 2024

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 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.

Used Cars 105

Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

NOVEMBER 1, 2024

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

Retail 98

Retail Used Cars Car Management 98

Auto Remarketing

NOVEMBER 14, 2023

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.

Used Cars 111

Used Cars Retail Car Vehicle 111

autoevolution

AUGUST 27, 2024

Tesla and Stellantis made the cars with the most problems between 2014 and 2019, according to data compiled by Consumer Reports. As you might probably expect, the most reliable cars from that period all wear Japanese automotive logos. Here's what the nonprofit organization uncovered.

Used Cars 135

Used Cars Car Automotive IT 135

Auto Remarketing

AUGUST 23, 2024

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.

Used Cars 105

Used Cars Retail Car Vehicle 105

Auto Remarketing

SEPTEMBER 6, 2024

And as the law of supply and demand decrees, used car prices are beginning to rise, according to CarGurus’ August 2024 Intelligence Report , released this week. The report showed used-car inventory levels down in August for the third consecutive month, dropping 2% below last year and 7.4% below August 2022 levels.

Used Cars 98

Used Cars Car Retail Vehicle 98

Auto Remarketing

MAY 28, 2024

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. As it stands, retail prices for used vehicles have slowed significantly year-over-year: used SUVs are down 9.5%

Used Cars 109

Used Cars Car Retail Finance 109

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%

Used Cars 105

Used Cars Retail Car Vehicle 105

Auto Remarketing

MAY 21, 2024

Used-car retail sales in April were ahead of prior-year figures, but the market was challenged, given the end of tax season and the hurdles of low supply, affordability and high interest rates. million used vehicles last month, which beat April 2023 by 4.8% million used-car sales by dealers, compared to 5.63

Used Cars 105

Used Cars Car Retail Vehicle 105

Automotive Training Centre

OCTOBER 8, 2024

If you’ve ever marveled at how cars on used car lots seem to gleam effortlessly in the sunlight, it’s likely thanks to a professional car wax. For students in auto detailing training, learning to wax a car is an essential skill beyond simply making a vehicle look good.

Car 256

Car Automotive Vehicle Automotive Services 256

Auto Remarketing

JUNE 14, 2024

Almost half of used-car shoppers say the oldest vehicle they would consider is in the 3- to 5-year-old range, according to the May Industry Insights Report from Cars Commerce. Here’s how that shakes out in the Cars Commerce data set. years) was up 7.2%, according to Cars Commerce. years – took a 13.2%

Used Cars 102

Used Cars Car Vehicle IT 102

Auto Remarketing

SEPTEMBER 20, 2024

Cars Commerce’s latest look at the used-vehicle market is an old story. 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. from last year, while cars in the $10,000-$19,000 range, averaging 7.3 years old, rose 16.8%.

Used Cars 97

Used Cars Car Vehicle Automotive Marketing 97

Autoblog: Repairs

SEPTEMBER 8, 2024

A while back, one automaker ran commercials saying something like, “The best new cars make the best used cars.” Consumer Reports recently put that thinking to the test with an evaluation of the brands and models that make the best used purchases , and there are few surprises with the top brands.

Used Cars 94

Used Cars Car Engineering Vehicle 94

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.

Used Cars 107

Used Cars Car IT 107

Auto Remarketing

NOVEMBER 8, 2024

To celebrate the 25th anniversary of Used Car Week, Cherokee Media Group has launched the UCW Hall of Fame to recognize executives who have played an important role in the development, growth and success of Used Car Week over time. 18 in Scottsdale, Ariz. 18 in Scottsdale, Ariz. Listen to the conversations below.

Used Cars 105

Used Cars Media Car Automotive 105

Auto Service World

OCTOBER 19, 2024

Photo by Tima Miroshnichenko When selling a used car, first impressions matter. That’s where car detailing comes in. Detailing is more than just a regular wash; it involves a thorough deep clean of both the interior and exterior , restoring your car’s look and feel to make it as appealing as possible.

Car 130

Car IT Used Cars Engineering 130

autoevolution

APRIL 27, 2024

The muscle car game is currently at its lowest, as Ford remains the sole player with the S650 generation Mustang. As a result, muscle car shoppers looking for a brand-ne. continue reading. )

Used Cars 98

Used Cars Car IT 98

AutoSuccess

DECEMBER 25, 2024

With tight supply and a flat-feeling used market, I asked, how did he turn it into the driver of his record month? The reason most salespeople struggle to push used cars isnt because they dont want to its because they dont understand how to sell what they dont know. Lot walks are non-negotiable.

Used Cars 52

Used Cars Car Vehicle Management 52

autoevolution

FEBRUARY 21, 2024

An exclusive Ferrari that the customers battled for when La Scuderia unveiled it around four years ago, ended up on the used car market less than two years after the model rolled off the production line in Maranello. This is probably a once-in-a-lifetime opportunity. The SF90 Stradale was unvei. continue reading. )

Used Cars 89

Used Cars Car IT 89

autoevolution

MARCH 1, 2024

If the fifth-gen Ford Mustang tops your shopping list, look no further than this 2009 Shelby GT500KR that is searching for a new home, looking all perfect and with barely any miles under its belt. But what exactly is a Ford Mustang Shelby GT500KR, and what does the KR stand for? According to. continue reading. )

Used Cars 97

Used Cars IT Car 97

Motor Verso

DECEMBER 6, 2024

Buying a used car can be a better financial decision than buying a new car, but it requires careful planning… Read more » The post Checklist for a Perfect Used Car Purchase appeared first on Motor Verso.

Used Cars 52

Used Cars Car IT 52

autoevolution

SEPTEMBER 27, 2024

It is a second-generation car put together at the end of the final model year and was fully restored a few years ago. Do you still have a thing for American utes? How about an old Ford Ranchero that has been visited by the restoring fairy and is now looking for a new home at a decent price for what it offers? continue reading. )

Used Cars 98

Used Cars Car IT 98

autoevolution

JULY 27, 2024

General Motors retired the Camaro at the end of 2024, with no direct successor in sight. The American automotive giant only said that this is not the end of the Camaro story, though no one really knows what the future holds for this nameplate. Some believe it will return shortly to pick a fight with. continue reading. )

Used Cars 105

Used Cars Car Automotive IT 105

autoevolution

AUGUST 4, 2024

It's no secret that virtually anyone must buy a vehicle in the US. Besides that, the car is an integral part of the American way of life. Even in big cities, public transportation can be unreliable or unsafe. If, as an adult, you don't have a driver's license, chances are even the Police might find you suspicious.

Used Cars 90

Used Cars Mechanic Car Transportation 90

AutoSuccess

JULY 9, 2024

It’s no secret that dealers are facing a complex set of challenges when sourcing used car inventory. While supply constraints have been a major focus, it’s also important to consider how demand dynamics are influencing the used car market and complicating dealerships’ ability to source inventory effectively.

Used Cars 59

Used Cars Car Finance Car Dealership 59

autoevolution

FEBRUARY 8, 2024

Last year, we learned that the all-electric Audi e-tron GT started having a rough time in the used car market. Its posher half-sibling, the Porsche Taycan, was also heading onto the same path. Now, the data couldn't be clearer: EV prices entered an accelerated downtrend. Unlike Tesla&#039. continue reading. )

Car 128

Car Used Cars Electricity IT 128

Auto Service World

NOVEMBER 13, 2024

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market.

Vehicle 269

Vehicle Consulting Used Cars Management 269

AutoSuccess

DECEMBER 1, 2024

In today’s competitive used car market, dealerships can’t afford to rely on guesswork during vehicle appraisals. Inaccurate appraisals can hurt profits before the car even hits the lot. In the used car market, predictability is the foundation of profitability. With margins tightening, precision becomes essential.

Used Cars 52

Used Cars Car Mechanic A Tech 52

Jalopnik

AUGUST 28, 2024

It’s a well-known fact that cars are money pits , especially brand new cars that lose a large portion of their value the instant they’re driven off the dealer lot. Buying a used car will save you money , since the first owner took the brunt of depreciation, but depending on the condition of the used car you buy it can… Read more.

Used Cars 60

Used Cars Car IT Automotive 60

autoevolution

JUNE 13, 2024

The used car market has filled up with Tesla Cybertrucks. As soon as it may seem for owners to get rid of their brand-new vehicles, there is always a reason. Some are trying to flip it and buy something else for the profit while others just can't seem to like it much. For this owner, both are valid.

IT 124

IT Used Cars Vehicle Car 124

Auto Service World

OCTOBER 24, 2024

You just happen to fix cars, a shop coach told a room full of shop owners, technicians and advisors. You are not at the shop to fix cars. What I’m doing is using cars to create relationships. Because I’m in the relationship business, not the car business. You’re in the people business.

Used Cars 277

Used Cars Car Vehicle IT 277

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

Jalopnik

JANUARY 29, 2024

We’ve known for a while that things weren’t going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady sales practices and later that year managed to lose more than $50 million in a single quarter. Now that Vroom has finally shut down, seemingly for good, Click2Houst… Read more.

Used Cars 62

Used Cars Car Management IT 62

autoevolution

NOVEMBER 16, 2023

All European countries that I am aware of try to make sure used cars are in good condition to keep on the road. This is why they promote regular inspections, which varies from country to country.

Vehicle 143

Vehicle Car Used Cars IT 143