Auto Service World

JANUARY 2, 2024

When purchasing a used car, it is important to take into account both the mileage and age of the vehicle. These two factors are vital in evaluating the condition of the car. In this article, we will explore the importance … The post Buying a Used Car: Mileage vs. Age, What’s More Important?

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Used Cars Car Vehicle Auto Repair 197

Autoblog: Repairs

JANUARY 31, 2024

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Best used cars for the money in 2024 Best used cars for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:33:00 EST. Please see our terms for use of feeds.

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Auto Service World

JUNE 29, 2024

If you get your strategy right, choosing to set up a used car business can be a rewarding decision for your finances.

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Used Cars Finance Car Auto Repair 130

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.

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Used Cars Car Retail Vehicle 98

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%.

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Used Cars Car Vehicle Automotive Marketing 97

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%.

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Used Cars Retail Car Vehicle 105

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

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

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.

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Used Cars Car Retail Vehicle 105

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%

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Used Cars Car Vehicle IT 102

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.

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Used Cars Car Retail Automobile 116

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 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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Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

AUGUST 16, 2024

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though.

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Used Cars Car Vehicle 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.

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Used Cars Retail Car Vehicle 111

Auto Remarketing

JULY 16, 2024

In fact, Cox Automotive found that “reporting was more disrupted than actual sales,” but noted that July will likely make up for June’s disruption in the used-car market. And even with disruption, dealers increased.

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Used Cars Software Car Automotive 98

Autoblog: Maintainence

OCTOBER 12, 2023

Filed under: Car Buying , Used Car Buying , Automotive History , Maintenance , Ownership , Classics Continue reading Here's $25,000, import a used car from Europe Here's $25,000, import a used car from Europe originally appeared on Autoblog on Thu, 12 Oct 2023 10:02:00 EDT.

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Used Cars Car Automotive 79

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

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Used Cars Car Retail Vehicle 105

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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Used Cars Car Automotive Marketing Automotive 58

Autoblog: Repairs

JUNE 26, 2024

Please see our terms for use of feeds.

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Used Cars Car Auto Repair 111

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

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%

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Used Cars Car Retail Finance 109

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.

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Used Cars Car Finance Car Dealership 59

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.

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Used Cars Car Automotive IT 135

Jalopnik

OCTOBER 21, 2024

We asked you last week to think about the best value on the used market is right now. Finding good deals on used cars is tough; it’s a balancing act between something that you want to drive and something that you trust not to go wrong and create a landslide of expensive repair bills.

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Used Cars Car 61

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

AutoSuccess

OCTOBER 21, 2024

Used vehicle acquisition is competitive, expensive and nuanced, even for the best car dealers. While some dealerships are happy sending their used car manager to the auction, others who aren’t satisfied with that approach need to get a little scrappy and think outside the box. Where Do You Find Them? More on this later.

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Used Cars Car Car Dealership Management 52

Auto Remarketing

OCTOBER 29, 2024

The difference between the price of a new car during the third quarter and that of a used car is enough money to … well … buy a car. Specifically, new vehicles sold for an average of $47,542 during Q3, which is $20,365 higher than the average price buyers paid for used cars ($27,177), according to the Edmunds data.

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Used Cars Car Finance Vehicle 52

Autoblog: Car News

DECEMBER 24, 2023

Filed under: Government/Legal , Weird Car News Continue reading Used car dealer bilked 120 disabled people in sales of wheelchair-accessible vans, feds say Used car dealer bilked 120 disabled people in sales of wheelchair-accessible vans, feds say originally appeared on Autoblog on Sun, 24 Dec 2023 08:00:00 EST. Please see our terms for use of feeds. (..)

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Used Cars Car 104

autoevolution

MAY 23, 2024

If you're a fan of early-2000s European performance sedans, the S-Type R is a rarer, more exotic BMW M5 or Mercedes-Benz E55 AMG alternative that's surprisingly cheap on the current used car market. Introduced in late 1998 as a 1990 model, the mid-size luxury sedan sought to bring ba. continue reading. )

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Used Cars Car 92

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

SEPTEMBER 20, 2023

And for many, the used-car market is the only or best option. That’s one way to explain why year-to-date used retail sales through August have climbed 4.5% — growth that has occurred despite the headwinds of high prices and steep interest rates, says Cox Automotive. Folks still need personal vehicles.

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Used Cars Car Retail Automotive 97

Jalopnik

OCTOBER 26, 2024

We asked you last week to think about the best value on the used market is right now. Finding good deals on used cars is tough; it’s a balancing act between something that you want to drive and something that you trust not to go wrong and create a landslide of expensive repair bills.

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Used Cars Car Finance 56

Auto Remarketing

MAY 23, 2024

Power said in data released Thursday that used-car prices have averaged $28,470 this month. The decline in used-vehicle values is translating to lower trade-in equity for owners, now trending towards $7,866, which is down $1,438 from a year ago,” said Thomas King, president of the data and analytics division at J.D. “The

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Retail Used Cars Car Vehicle 98

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.

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Used Cars Car Engineering Vehicle 52

Autoblog: Repairs

AUGUST 14, 2024

Vehicle prices continued a downward trend in July — the most of any major category in the Consumer Price Index (CPI) over the last year as the car market continues its return to "normal" following pandemic-fueled inflation. Used car prices fell 2.3% New car prices fell 0.2% Prices for used cars and trucks are still 16.9%

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Used Cars Car Finance Vehicle 52

Auto Remarketing

NOVEMBER 27, 2023

China’s leading used-car online marketplace was in Scottsdale, Ariz., this year with a booth at Used Car Week, held in mid-November. But another purpose is to tell the America used-car industry to look at China’s used-car market. “But TaoCheChe’s reason for being there was two-fold.

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Used Cars Car IT 52