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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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Alt-fuel vehicles don’t necessarily have to break the bank

Auto Remarketing

A common hesitancy consumers might have about buying alternative-fuel vehicles (even used ones) is that the cost is too high. However, there are deals to be had in the used-car market for alternative-fuel vehicles — even beyond government rebates — that could help dealers overcome those shopper objections.

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Is Your F&I Product Lineup Balanced & Diversified?

AutoSuccess

Additionally, a rise in used EV sales continues to make headlines. Over 7% of new car sales in 2023 were battery EVs (BEVs), which will lead to an increase of used EV inventory in the coming years. What’s happening in the EV category is a great reminder of the need to diversify your F&I product offerings at the dealership.