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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. Typically, used-car values increase from February to March driven by tax returns and elevated consumer demand, the report said.

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Surge in wholesale prices signals start of tariff-fueled ‘roller coaster ride’

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A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. So well need to watch and see what trends transpire over the next month as activity in the used market increases. Hold on tight, folks. million to 38.0

Vehicle 52
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Tariffs Drive Up Prices, But Savvy Car Buyers Still Have the Wheel

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Keeping Drivers in the Driver’s Seat Uncertainty around how far tariffs will go is adding turbulence to the auto market, but certain segments are hanging in there. made models, used car trade-ins are retaining high value and subscription and flexible financing models are expanding for buyers wary of long-term commitments.

Finance 52
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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%

Used Cars 105
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Mixed views on March, but signs point to ‘normalcy’ in wholesale vehicle market

Auto Remarketing

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. year-over-year and rose 0.9% was down 14.7%

Vehicle 105
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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.

Vehicle 98