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Report: Tariff worries fuel record used-car sales in March

Auto Remarketing

The report showed used-car sales hit 1.53 The used turn rate shot up from 67% in February to 83% in March, a level not seen since May 2021. As a result, ZeroSum found used-vehicle inventory dropped to 1.795 million units, almost 200,000 less than the total at the end of 2024. 28 to March 31. 28 to March 31.

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Here’s how Canadians are approaching car buying

Auto Service World

The study, conducted in August 2024, found that vehicle purchase intent has remained stable compared to the previous year, with 27 per cent of Canadians planning to buy a vehicle in the next six months. Canadians are also increasingly open to both new and used vehicles.

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New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars

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of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. That was especially evident towards the end of 2024. After hitting a trough of 2.9%

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Best used cars for the money in 2024

Autoblog: Repairs

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Best used cars for the money in 2024 Best used cars for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:33:00 EST. Please see our terms for use of feeds.

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Making sense of February’s used-car retail prices

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Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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Odomoters keep rising, boosting aftermarket

Auto Service World

Over the next 10 years, car odometers accumulated miles more rapidly than those of light trucks, increasing the differences in average odometer readings between the two. Initial findings for 2024 indicate this trend is ongoing. As for what this means for the aftermarket, it signals strong times ahead.

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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. The report, based on data from the companys Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9% from the same month in 2024. Used-car supply shrank 0.6%