Auto Remarketing
APRIL 4, 2025
But what we do know is consumers are rushing to buy new, used and certified vehicles in anticipation of severe price hikes due to tariffs that were implemented April 3. The report showed used-car sales hit 1.53 The used turn rate shot up from 67% in February to 83% in March, a level not seen since May 2021.
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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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.
Auto Remarketing
MARCH 20, 2024
Sales of used cars and certified pre-owned vehicles took a big jump in February, thanks to falling prices that have widened the price gap between new and used vehicles, according to the latest State of the Dealer Report from ZeroSum. million used vehicles last month, up from 1.13 The report showed dealers moved 1.29
Auto Remarketing
FEBRUARY 7, 2024
While car prices were high in 2023, car buyers — especially used-car buyers — were increasingly happier with their experience, according to the latest research from Cox Automotive. New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022.
The Mechanic Doctor
NOVEMBER 22, 2023
How can I locate an Owner’s Manual for my used car? Unfortunately, if you purchased a used car without its manual included, chances are it didn’t come with one either. Manufacturer’s Website One of the most reliable sources is a car manufacturer’s official website.
Auto Remarketing
JANUARY 24, 2025
The full report can be downloaded here. Dealers are expecting used-car operations to become more profitable and new-car profitability to decline in 2025. The 47% who project used-car profitability was well above the 21% who did so a year earlier. Thats all out the window as we start 2025, because of U.S.
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