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How a lack of off-lease vehicle is hurting the used market

Auto Service World

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants.

Vehicle 274
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How pricing balance is coming back to used vehicles

Auto Service World

While still high, prices for used vehicles trended downward over the last year. AutoTrader reported that January 2025 prices for used vehicles hit $36,899, down 5.7 Thats in comparison to new vehicle prices coming in at $65,317 that month, a drop of 2.9 Dealers are split on their primary sources of vehicles.

Vehicle 130
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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. According to a recent analysis conducted by EpicVIN , as many as 139,000 vehicles were flooded during Hurricane Helene, with over 61,000 of those in Florida alone.

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Stop Scrambling for Used Car Inventory

AutoSuccess

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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COMMENTARY: How blockchain is set to transform the automotive industry

Auto Remarketing

For stakeholders in the automotive industry, particularly in the used car market, understanding how blockchain can reshape the sector is not just about keeping pace it’s about seizing opportunities for efficiency, transparency, and growth. This speeds up the sale and transfer process while reducing reliance on intermediaries.

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Unlocking Service Drive Revenue: The Critical Role of Technician Inspections

AutoSuccess

In my extensive years of service consulting, the phrase “money left on the table” has been a constant rallying cry for both consultants and technology products urging clients to optimize their revenue potential. To illustrate this point, I conducted an eye-opening exercise at a large Lexus store involving 45 technicians.

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Dealers might be seeing ‘double whammy’ impacting inventory & more

Auto Remarketing

Meanwhile, Todd Caputo, president of Todd Caputo Consulting, sees a multifront storm potentially impacting the used-car industry, too, and not just in the Southeast. Hurricane Helene has brought widespread damage, particularly to vehicles. Rebuilders will acquire these cars, repair them, and put them back into the market.