Auto Service World

OCTOBER 26, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Service World

OCTOBER 5, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Remarketing

MARCH 11, 2024

The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year.

Used Cars 116

Used Cars Car Retail Automobile 116

Auto Remarketing

APRIL 29, 2024

The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment , the company pinpointed three retail used-car pricing trends that have stood out. Tom Kontos, the chief economist at ADESA, has noticed a similar flattening in wholesale used-car prices. year-over-year.

Used Cars 105

Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

MAY 15, 2024

Edmunds director of insights Ivan Drury highlighted multiple tailwinds that could help the retailing of used cars. The return of holdout buyers should help bolster the supply of more affordable, older used vehicles. The average trade-in age for used vehicles increased to 9.4 What does it mean for used-car sales?

Used Cars 105

Used Cars Car Retail Vehicle 105

Auto Remarketing

NOVEMBER 14, 2023

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.

Used Cars 111

Used Cars Retail Car Vehicle 111

Auto Remarketing

APRIL 17, 2024

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% million used vehicles, compared to 4.29 Affordability matters more than ever to consumers, and declines in used-vehicle prices help offset higher interest rates,” Robb said. In February, used sales were up 4.1%

Used Cars 105

Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

NOVEMBER 1, 2024

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

Used Cars 98

Used Cars Retail Car Management 98

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

AUGUST 23, 2024

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.

Used Cars 105

Used Cars Retail Car Vehicle 105

Auto Remarketing

MAY 21, 2024

Used-car retail sales in April were ahead of prior-year figures, but the market was challenged, given the end of tax season and the hurdles of low supply, affordability and high interest rates. million used vehicles last month, which beat April 2023 by 4.8% million used-car sales by dealers, compared to 5.63

Used Cars 105

Used Cars Car Retail Vehicle 105

Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used prices dropped 2.9%

Used Cars 105

Used Cars Retail Car Vehicle 105

Auto Service World

NOVEMBER 16, 2024

In today’s world, finding a car that is both eco-friendly and budget-friendly can be a challenge, especially for families. However, there are several used cars on the market that offer great fuel efficiency, low emissions, and a comfortable ride for the whole family.

Banking 130

Banking Used Cars Car Electric Vehicles 130

Auto Remarketing

MAY 28, 2024

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

Used Cars Car Retail Finance 109

Auto Remarketing

JUNE 14, 2024

Almost half of used-car shoppers say the oldest vehicle they would consider is in the 3- to 5-year-old range, according to the May Industry Insights Report from Cars Commerce. Here’s how that shakes out in the Cars Commerce data set. years) was up 7.2%, according to Cars Commerce. years – took a 13.2%

Used Cars 102

Used Cars Car Vehicle IT 102

Autoblog: Car News

DECEMBER 24, 2023

Filed under: Government/Legal , Weird Car News Continue reading Used car dealer bilked 120 disabled people in sales of wheelchair-accessible vans, feds say Used car dealer bilked 120 disabled people in sales of wheelchair-accessible vans, feds say originally appeared on Autoblog on Sun, 24 Dec 2023 08:00:00 EST. Please see our terms for use of feeds. (..)

Used Cars 104

Used Cars Car 104

Auto Remarketing

JULY 16, 2024

In fact, Cox Automotive found that “reporting was more disrupted than actual sales,” but noted that July will likely make up for June’s disruption in the used-car market. And even with disruption, dealers increased.

Used Cars 98

Used Cars Software Car Automotive 98

Auto Remarketing

NOVEMBER 8, 2024

To celebrate the 25th anniversary of Used Car Week, Cherokee Media Group has launched the UCW Hall of Fame to recognize executives who have played an important role in the development, growth and success of Used Car Week over time. 18 in Scottsdale, Ariz. 18 in Scottsdale, Ariz. Listen to the conversations below.

Used Cars 105

Used Cars Media Car Automotive 105

Auto Remarketing

AUGUST 16, 2024

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though.

Used Cars 98

Used Cars Car Vehicle 98

autoevolution

MAY 10, 2024

To determine the least reliable used cars you can buy in 2024, the team from the ultra-famous "carwow" YouTube channel teamed up with a leading UK aftermarket warranty provider. The data comes from thousands of detailed car breakdowns, so we'll discuss average fixing costs but also the most expensive repairs.

Used Cars 107

Used Cars Car IT 107

autoevolution

AUGUST 27, 2024

Tesla and Stellantis made the cars with the most problems between 2014 and 2019, according to data compiled by Consumer Reports. As you might probably expect, the most reliable cars from that period all wear Japanese automotive logos. Here's what the nonprofit organization uncovered.

Used Cars 135

Used Cars Car Automotive IT 135

Auto Remarketing

SEPTEMBER 20, 2023

And for many, the used-car market is the only or best option. That’s one way to explain why year-to-date used retail sales through August have climbed 4.5% — growth that has occurred despite the headwinds of high prices and steep interest rates, says Cox Automotive. Folks still need personal vehicles.

Used Cars 97

Used Cars Car Retail Automotive 97

Autoblog: Maintainence

OCTOBER 12, 2023

Filed under: Car Buying , Used Car Buying , Automotive History , Maintenance , Ownership , Classics Continue reading Here's $25,000, import a used car from Europe Here's $25,000, import a used car from Europe originally appeared on Autoblog on Thu, 12 Oct 2023 10:02:00 EDT.

Used Cars 79

Used Cars Car Automotive 79

Auto Remarketing

SEPTEMBER 20, 2024

As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. The report, based on data from Car Commerce’s platforms, including Cars.com, Dealer Inspire and AccuTrade, shows used-car inventory up 2.3%

Used Cars 97

Used Cars Car Vehicle Automotive Marketing 97

Auto Remarketing

MAY 23, 2024

Power said in data released Thursday that used-car prices have averaged $28,470 this month. The decline in used-vehicle values is translating to lower trade-in equity for owners, now trending towards $7,866, which is down $1,438 from a year ago,” said Thomas King, president of the data and analytics division at J.D. “The

Retail 98

Retail Used Cars Car Vehicle 98

autoevolution

MAY 23, 2024

If you're a fan of early-2000s European performance sedans, the S-Type R is a rarer, more exotic BMW M5 or Mercedes-Benz E55 AMG alternative that's surprisingly cheap on the current used car market. Introduced in late 1998 as a 1990 model, the mid-size luxury sedan sought to bring ba. continue reading. )

Used Cars 92

Used Cars Car 92

Auto Service World

AUGUST 29, 2024

Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotive market, according to analysis from AutoTrader.

Vehicle 294

Vehicle Automotive Marketing Used Cars Automotive 294

Auto Service World

MAY 16, 2024

New research from Compare the Market found that used cars from American and Japanese manufacturers are the most sought-after worldwide, outshining newer market entrants from China.

Vehicle 290

Vehicle Used Cars Manufacturing Car 290

Auto Remarketing

JULY 5, 2023

Editor's Note: This is a small excerpt from Cherokee Media Group's upcoming “State of the Used Car Industry” report. The mix of the (used-vehicle supply) is different overall, volume is different,” Black Book chief data science officer Alex Yurchenko said during a presentation at the NIADA Convention in June.

Used Cars 93

Used Cars Car Media Vehicle 93

Auto Remarketing

APRIL 4, 2024

But it’s not exactly one the used-car business — and especially the certified pre-owned segment — is looking forward to. TO READ THE FULL STORY BECOME A MEMBER Login The post Approaching off-lease anniversary will affect used-car market, Cox experts say appeared first on Auto Remarketing.

Used Cars 79

Used Cars Car 79

Auto Remarketing

JULY 10, 2023

TO READ THE FULL STORY BECOME A MEMBER Login The post Largest month-over-month drop in Manheim used-car price index since April 2020 appeared first on Auto Remarketing. The index came in 215.1 for the month. The last time wholesale prices fell that much.

Used Cars 98

Used Cars Car Automotive Vehicle 98

autoevolution

FEBRUARY 21, 2024

An exclusive Ferrari that the customers battled for when La Scuderia unveiled it around four years ago, ended up on the used car market less than two years after the model rolled off the production line in Maranello. This is probably a once-in-a-lifetime opportunity. The SF90 Stradale was unvei. continue reading. )

Used Cars 89

Used Cars Car IT 89

Motor Verso

DECEMBER 6, 2024

Buying a used car can be a better financial decision than buying a new car, but it requires careful planning… Read more » The post Checklist for a Perfect Used Car Purchase appeared first on Motor Verso.

Used Cars 52

Used Cars Car IT 52

AutoSuccess

DECEMBER 1, 2024

In today’s competitive used car market, dealerships can’t afford to rely on guesswork during vehicle appraisals. In the used car market, predictability is the foundation of profitability. Accurate appraisals are the key to a more profitable future in used car sales.

Used Cars 52

Used Cars Car Mechanic A Tech 52

autoevolution

APRIL 27, 2024

The muscle car game is currently at its lowest, as Ford remains the sole player with the S650 generation Mustang. As a result, muscle car shoppers looking for a brand-ne. continue reading. )

Used Cars 98

Used Cars Car IT 98

autoevolution

JULY 27, 2024

General Motors retired the Camaro at the end of 2024, with no direct successor in sight. The American automotive giant only said that this is not the end of the Camaro story, though no one really knows what the future holds for this nameplate. Some believe it will return shortly to pick a fight with. continue reading. )

Used Cars 105

Used Cars Car Automotive IT 105

Jalopnik

OCTOBER 17, 2024

In today’s volatile automotive market, finding the best used car value can feel like searching for a needle in a haystack. With new car prices pushing the boundaries of belief, and used car prices constantly fluctuating, it’s time to ask the Jalopnik audience what they think the best value on the used market is.

Used Cars 59

Used Cars Car Automotive Marketing Automotive 59