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

Auto Remarketing

But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. in Q1 to an average of $28,497, a decline driven in part by the diminishing supply of higher-priced late-model vehicles as the COVID gap moves through the used market. from the same month in 2024.

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2025 Lucid Gravity Is Queen Of The Electric SUVs With A 440-Mile Range

Jalopnik

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market.

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Surge in wholesale prices signals start of tariff-fueled ‘roller coaster ride’

Auto Remarketing

A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. That was the strongest move we had seen going back to spring of 2021, he said. Hold on tight, folks. Its going to be a bumpy ride. to as much as 2.8% by the end of the year.

Vehicle 52
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Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market

AutoSuccess

auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. auto market being steered by five key themes. Meanwhile, the used EV market is expected to be the fastest-growing segment of the wholesale/used-vehicle market.

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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

AutoSuccess

The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.

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Cox’s Q1 survey shows hint of optimism, but dealers still down on current market

Auto Remarketing

That score has dropped steadily since its peak of 60 in Q3 2021. That’s less than half of its 2021 high point of 86 and the first time since the pandemic that it’s been below the 50 threshold. auto market is very different than it was just two years ago.” The score for independents matched its post-pandemic low at 31.

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U.S. Auto Dealer Sentiment Improves in Q1, Market View Remains Weak

AutoSuccess

After peaking at 60 in 2021, the profitability index has continued to decrease, hitting a post-pandemic low for the second straight quarter in Q1, indicating most dealers see profits as weak, not strong. auto market is very different than it was just two years ago.” economy was shut down. That sentiment has changed.