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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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Tesla tops list of used cars showing price drops against market’s upward trend

Auto Remarketing

Used car prices are rising. For most used cars, anyway. million used cars showed the Model S one of four Teslas on the list lost an average of 17.2% million used cars showed the Model S one of four Teslas on the list lost an average of 17.2% The analysis of the retail prices of 1.4

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New Study Shows BEVs Are Your Best Shot at Losing Money

autoevolution

Battery electric vehicle (BEV) owners have been feeling the heat for quite some time. However, we now have another study that proves these cars are the best shot anyone has at losing money with automobiles. " Although luxury vehicles are also a money pit, BEVs take the crown when it comes to depreciation.

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From the Magazine: Collision repair at a crossroads

Auto Service World

Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate.

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Used EV prices plummet as overall used market stabilizes, study finds

Auto Remarketing

Looking for an affordable used car? You might want to go electric. The latest research from iSeeCars shows used EV prices fell 15.1% over the past year, while the cost of gasoline and hybrid vehicles dropped just 0.5%. Thats just $917 above the price of the average gas-powered vehicle, iSeeCars said.

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Patchwork of prices: CARFAX adds regional data to used-car index

Auto Remarketing

Like an accent or dialect, the used-car market can vary depending on where you (or yall or yinz) are in the U.S. And CARFAX is accounting for this patchwork of market dialects, so to speak, by adding in regional breakdowns to its monthly index of retail used-car prices. Luxury cars fell 0.2% Pickups jumped 0.8%

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Analysts gauge the state of wholesale vehicle prices one month into 2025

Auto Remarketing

The year started off with expectations there might be a return to normal in the used-car market. Well, that doesnt exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted uncertainty and surprises in the market to begin the year. last month, down 1.2%

Vehicle 52