2023 Car Used Cars 
Auto Service World
JANUARY 23, 2025
However, 53 per cent of Canadians believe their financial situation will improve in the next six months, marking an increase from 45 per cent in 2023. Canadians are also increasingly open to both new and used vehicles. Despite this, cars still maintain a significant presence, making up 49 per cent of all vehicle searches.
Auto Service World
MARCH 27, 2025
As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles. averaged approximately 14,000 more odometer miles in 2023 than they did 10 years earlier. The average age of a vehicle in the U.S.
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Jalopnik
JUNE 9, 2025
Although the year began with declines in the average used car price, the trend quickly shifted. According to the CarGurus Used Car Price Index , which tracks millions of used car prices, prices drifted down from December to February. overall, since the start of the year.
Auto Remarketing
JUNE 6, 2025
New-car inventory is falling while prices are elevated and likely to rise more as the tariff era continues. And that’s good news for the used-car sector. The used-vehicle sector is continuing to benefit from the turbulence in the new-vehicle marketplace,” ZeroSum vice president of dealer success Josh Stoll said.
Auto Remarketing
NOVEMBER 25, 2024
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. They were followed by pickup trucks (down 6.1%), SUVs (down 5.2%), luxury SUVs (down 4.6%) and cars (down 4.5%). Luxury car prices were down 2.1%
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.
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%.
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