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To avoid getting pancaked by used-car price hikes, shoppers wise to stop waffling on purchase

Auto Remarketing

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%

Used Cars 109
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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

Auto Remarketing

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck. The post Report finds U.S.

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Most Used Cars Are Getting Cheaper Except For Trucks

Jalopnik

Used cars are finally getting a little cheaper, according to Cox Automotive. After what seemed like an interminable series of price hikes across all vehicle segments, used prices are going down. The only caveat is that pickup trucks are trending in the other direction and are getting slightly more expensive instead.

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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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Used car prices fall again in July, down nearly 20% from pandemic highs

Autoblog: Repairs

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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Industry reaction to tariff standoff

Auto Service World

Listen: Kumar Saha explores the implications of tariffs for the auto care sector The Automotive Industries Association of Canada came out Monday saying that its keeping an eye on developments and is in close contact with federal departments, such as finance and Innovation, Science and Economic Development (ISED). and Canada.

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Price declines slowing in wholesale market, accelerating in retail

Auto Remarketing

Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. For three consecutive weeks, the overall wholesale market has exhibited a slowdown, with reduced depreciation rates recorded in both the car and truck segments,” the report said.

Retail 98