Auto Remarketing

JANUARY 8, 2025

Its not a surprise to find full-sized pickup trucks at the top of a list of Americas 100 best-selling used vehicles. It was, however, a bit unexpected to find an electric vehicle in the top 30, and two EVs among the top 75. As has become expected, Fords F-150 pickup was the top-selling used vehicle in the U.S.

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Auto Remarketing

MAY 1, 2024

A common hesitancy consumers might have about buying alternative-fuel vehicles (even used ones) is that the cost is too high. And that assumption isn’t entirely wrong — it might be fair on some models, particularly electrics. less than gas vehicles (12,199) and hybrids were driven 12,471 miles, just 2.7%

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Jalopnik

OCTOBER 25, 2023

The pre-owned car market is still in a weird place. Some segments like electric vehicles have some hefty savings , but most pre-owned cars are still selling for inflated prices. If you happen to come across a used car that seems too good to be true, make sure the dealer can answer these questions.

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Auto Remarketing

JUNE 11, 2024

How are electric vehicles impacting the used-car market? The post PODCAST: How EVs have impacted the used-car market appeared first on Auto Remarketing. Listen to this episode of the Auto Remarketing Podcast to hear Jenkins’ keynote presentation given during the event’s final day in the window below.

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Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. Howard and Von Busch recapped what the industry has learned about EV retailing and more this year.

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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.

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Auto Remarketing

NOVEMBER 25, 2024

The degree to which a vehicle’s price changes month-over-month might be more telling, in some cases, than the year-over-year change. With that in mind, CARFAX has added month-over-month insights to its Used Car Index reports, the first major change in these recaps since their April 2023 debut. car industry overall ?

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Auto Remarketing

NOVEMBER 29, 2023

Average prices on 1- to 5-year-old vehicles in October were down 5.1% Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. Everything from economic concerns to growing competition among electric vehicles is contributing to their downward trend.”

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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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Auto Remarketing

MAY 7, 2024

Wholesale vehicle prices continued their downward slope in April, falling double-digit percentages from a year ago. In fact, Cox Automotive’s Manheim Used Vehicle Value Index for the month fell below 200 for the first time in more than three years. The decline for non-electric vehicles was at 13.1%, while EV values dropped 17.5%

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Auto Remarketing

APRIL 12, 2024

At the same time, used-car prices plummeted 5.1% March’s data shows the new- and used-car markets are adjusting,” the Cars Commerce analysis said, “with new-car prices continuing to drop and used-car prices hitting their lowest point in years, signaling a move toward more typical pricing.”

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Car Used Cars Electric Vehicles Vehicle 111

Jalopnik

AUGUST 16, 2024

The used car market has been an up-and-down mess since at least 2020, with reduced new car inventory pushing more buyers into pre-owned purchases , which reduced the revolving supply of trade-ins. This perfect storm of pandemic-induced chip-shortage used car inflation appears to finally be subsiding.

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Auto Remarketing

MAY 8, 2024

Affordability and availability of used electric vehicles is improving, and in some cases, so are sales. Over 4% of Carvana’s sales in the first quarter were battery-electric vehicles, more than doubling their share of sales from Q1 2023, according to a study released Wednesday by the online used-car retailer.

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Auto Remarketing

JANUARY 21, 2025

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a lively debate about the future of electric vehicles. Listen to the episode in the window below and stay tuned for more from UCW 2024.

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Jalopnik

SEPTEMBER 29, 2023

It’s no wonder that a used Honda Civic , Toyota Corolla , and Mazda3 are among the most sought-after models on the used market. These are trusty cars that make for great first vehicles, and they’re pretty cheap. They’re like the starter Pokémon of the auto world: you can’t go wrong with either one.

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Auto Remarketing

JULY 10, 2023

Perhaps it’s the lower price point, more vehicle options available, increased consumer comfort level or some combination of factors. But while still just a sliver of the overall used-car market, sales of pre-owned electric vehicles are making marked improvements for dealers and other retailers.

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Auto Remarketing

SEPTEMBER 19, 2024

The electric vehicle-centric podcast, founded and hosted by Elena Ciccotelli, is collaborating with Experian on “EVs for Everyone with Experian,” a new monthly podcast miniseries that aims to provide candid conversations about the current state and future prospects of the EV market in the U.S.

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Auto Remarketing

JUNE 18, 2024

Used electric vehicles are seeing their prices erode, both on a retail and wholesale basis. And not only did average retail prices of used EVs fall nearly 30% last month, but these vehicles have also become increasingly cheaper than used internal-combustion-engine vehicles. and reached 7.4%

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Auto Remarketing

SEPTEMBER 12, 2024

Price has always been cited by car buyers as a barrier to buying a new electric vehicle. But when it comes to the used-car market, it’s not a problem at all. According to the latest research by iSeeCars , the average price of a 1- to 5-year-old used EV is now 11.4% higher than internal combustion vehicles.

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Jalopnik

JULY 19, 2024

Not too long ago, vehicle leases were on the decline. So much so that it was affecting the used car market. Now, thanks to EVs, leases are making a big comeback. And thanks to tax credits, German luxury EVs are being leased now more than ever. Read more.

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AutoSuccess

AUGUST 12, 2024

After years of being overshadowed by emerging electric vehicles from Tesla and other brands, the hybrid — a gasoline vehicle that has both an internal combustion engine and an electric motor — is enjoying a resurgence in 2024. Or Are You Aligning Your Dealership Too Closely with EVs? EV sales have slowed in the U.S.

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Auto Remarketing

MARCH 18, 2024

As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electric vehicle sector. Manufacturing shutdowns, supply chain disruptions, and workforce constraints led to a significant drop in vehicle production.

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Motor Verso

AUGUST 23, 2024

It’s no secret that electric vehicles tend to be a tad more expensive to buy new compared to their equivalent… Read more » The post What Are The Top 10 Best Used EVs Under £12,000 In The UK? appeared first on Motor Verso.

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Auto Remarketing

JULY 23, 2024

“Millennials” and “electric vehicles.” Auto industry buzzwords used for years at conferences to convey youth, emerging trends in car-buying, newcomers or rising stars. And millennials, well, many of us are in our 40s, have mortgages, children and/or pets and have been buying cars for 25-plus years.

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Ride Mission

AUGUST 21, 2023

Volkswagen, a renowned automaker, has made significant strides in producing vehicles that meet these demands. This article explores some of the best used Volkswagen cars known for their fuel efficiency and sustainability. As an all-electric vehicle, the e-Golf emits zero tailpipe emissions, contributing to a cleaner environment.

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Auto Remarketing

JANUARY 29, 2024

The transition to electric vehicles is currently generating millions of pixels. The once seemingly smooth path to an all-electric future is now strewn with some unexpected potholes, but one vehicle type in the current mix deserves some added attention. Weighted averages demonstrate the steep declines.

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Auto Remarketing

JANUARY 14, 2025

This level of insight allows dealers to optimize their inventory mix, ensuring they have the right vehicles on their lots at the right time. Its not just about stocking popular models; its about having the perfect balance of vehicles to meet the specific needs and preferences of their local market.

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Auto Remarketing

JANUARY 17, 2024

1 electric vehicle choice among Carvana’s customers in 2023. The Model 3 continued its dominance over the sector in the online used-car retailer’s annual list of its 10 best-selling EVs. The Model 3 is by far the top-selling used EV in the nation, according to data from iSeeCars. The Tesla Model 3 was the No.

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Auto Remarketing

SEPTEMBER 27, 2024

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. Inventory levels stabilizing According to recent data, total vehicle inventory stood at 2.79

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AutoSuccess

OCTOBER 18, 2024

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. Inventory Levels Stabilizing According to recent data, total vehicle inventory stood at 2.79

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AutoSuccess

OCTOBER 23, 2023

It is designed for users to find and purchase new and used cars of all brands available at the AWIN dealerships, manage, save and sync their purchases, access and download the manufacturers’ apps, connect with roadside assistance, Electric Vehicle travel assistant and much more. Click here to download. “

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Auto Remarketing

OCTOBER 6, 2023

Whether you call it a micro-lease, a subscription, or long-term rental, flexible, turnkey vehicle access without any long-term commitment now dominates personal transportation in Europe. With the average price of a new car over $48,000 now, it’s hard to argue that fact. And developments suggest that a larger presence in U.S.

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AutoSuccess

MAY 7, 2024

Cox Automotive is rolling out its used car industry solution that will measure the EV battery health for each specific VIN across Manheim. In addition, the company is expanding LotVision’s capabilities of reporting battery health for each unique vehicle.

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AutoSuccess

FEBRUARY 27, 2024

These types of issues may make consumers think twice before investing in new and used vehicle models when car shopping. Furthermore, the government’s decision to resume student loan re-payments may place additional pressure on sales of new vehicles, especially for younger consumer demographics.

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Jalopnik

MAY 23, 2024

Vehicles in the U.S. In fact, the average car on the road in 2024 is 12.6 That means the average car was built back in 2011. just keep on getting older as new ones continue to cost way too much for the average buyer. Preposterous. Read more.

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BA Auto Care

JUNE 30, 2023

Throughout their 45 years in business, BA Auto Care has continually embraced new developments in the auto industry, now repairing cars of all makes and models, including hybrid and electric vehicles. Technicians are all ASE certified, and they also receive specialized training on the newest hybrid and electric vehicles.

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AutoSuccess

MARCH 19, 2024

“The vehicle market in the U.S. The market outlook index, which queries dealers about expectations for the vehicle market three months from now, typically enjoys a ‘spring bounce’ as automobile dealers look to the spring selling season. The new-vehicles sales index improved 1 point to 52, down from 57 one year ago.

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