Auto Remarketing
APRIL 17, 2025
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.
Auto Remarketing
FEBRUARY 16, 2024
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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Auto Remarketing
APRIL 8, 2024
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%
Auto Remarketing
APRIL 9, 2025
Our context for the used car market in particular is very different than it was in 2021, Smoke said. Were expecting a more normal experience for the used vehicle market, and that is when prices see an abnormal increase, they typically dont stick. Back then, we had what became $4.1 Consumers had excess cash.
AutoSuccess
SEPTEMBER 6, 2024
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.
Auto Remarketing
OCTOBER 3, 2023
The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. auto market, representing 78.9% While used-car prices overall have risen 50.4% of vehicles – up from 77.2%
Auto Remarketing
NOVEMBER 2, 2023
So in this article, we will explore how AI tools can help used-car dealers stay ahead of the trends with advanced sales data analyses, in addition to investigating real-world examples of AI as it has been applied to provide dynamic, more effective prices.
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