Remove 2024 Remove Auto Market Remove Used Cars
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Used-inventory trends top CarGurus’ 2025 Mid-Year Auto Market Review

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This week, CarGurus released its 2025 Mid-Year Auto Market Review, highlighting five primary points, including the impact of tariff uncertainty, shifting inventory dynamics and evolving consumer preferences on the new- and used-vehicle market.

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

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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. An early indication might have come in the form of used-vehicle trade-in values, which in March rose 1.9% year-over-year.

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Retail used-car market by the numbers: Supply, demand, prices & EV metrics

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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%

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

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The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. 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. automobile dealers.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

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According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% for used car loans. This is a significant increase from two years ago, when the average new car interest rate was 4.1% for used car loans, according to Car and Driver.

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Report shows consumers ‘speaking with their wallets’ on affordability concerns

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The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As

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Cox survey finds dealer sentiment stable – at a pessimistic level

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In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.