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

OCTOBER 29, 2024

Here’s more evidence the used-car market is a complex place nowadays. The entire report that offers insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences and markdown/pricing strategies can be downloaded here.

Vehicle 52

Vehicle Automotive Marketing Retail Automotive 52

AutoSuccess

DECEMBER 13, 2024

” The market outlook index, which measures dealers’ expectations for the auto retail market in the coming quarter, jumped to 54 in Q4 from 42 in Q3. ” Despite the positive outlook, the current market index score of 42 indicates that a majority of dealers still view the current retail auto market as weak.

Automobile 52

Automobile Auto Market Retail Automotive 52

Auto Remarketing

JUNE 12, 2024

Likewise, independents’ 38 score for the used-car sales environment (up from 36 in Q1) was far worse than the franchises’ hopeful index of 54. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels and we believe interest rates have likely hit a ceiling.

Automotive 52

Automotive Automotive Marketing Auto Market Retail 52

AutoSuccess

JUNE 11, 2024

Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic.

Automobile 52

Automobile Automotive Vehicle Retail 52

AutoSuccess

MARCH 19, 2024

” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic. Download the full results of the Q1 2024 Cox Automotive Dealer Sentiment Index. The total metrics reported have a +/- 3.04% margin of error. Visit coxautoinc.com.

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52