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Used-cars’ first year-over-year price rise in 2½ years could be just the beginning

Auto Remarketing

iSeeCars is seeing something it hasnt seen in more than two years: rising used-car prices. The automotive search engine and research website said its latest study showed the average used-vehicle listing price in March was up 1% from March 2024, the first year-over-year increase since October 2022.

Used Cars 103
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Report shows Q1 used-car retail prices calm before a potential storm

Auto Remarketing

As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. The report, based on data from the companys Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9%

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Study names Honda Fit the most reliable used car for the money

Auto Remarketing

If reliability and value are your customers top priorities for a used car, you might want to make sure the Honda Fit is on your lot. The subcompact hatchback, which was discontinued by Honda in 2020, is the most reliable 5- and 10-year-old vehicle for the money, according to the latest research from iSeeCars.

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Largest month-over-month drop in Manheim used-car price index since April 2020

Auto Remarketing

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.

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Used-car sales pick up pace after slow start to 2024

Auto Remarketing

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.

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Late-model supply dearth evident in used-car retail market

Auto Remarketing

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
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Now Is A Really Good Time To Get A Deal On A Used Car

Jalopnik

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.