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Good news for the aftermarket: Used car market surges

Brake & Front End

The used car market is surging in both value and volume. In an industry where profitability is boosted by the number of repairable vehicles on the road, the recent upswing in used car sales is providing tailwinds that aftermarket businesses are ready to ride. But Tucker doesnt see it playing out that way.

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Here’s how Canadians are approaching car buying

Auto Service World

Canadians are also increasingly open to both new and used vehicles. Nearly half (47 per cent) of used-car buyers consider new vehicles, while 36 per cent of new-car buyers are exploring used options. Despite this, cars still maintain a significant presence, making up 49 per cent of all vehicle searches.

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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

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

Auto Remarketing

But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. On a monthly basis, the State of the Dealer report strives to answer the question all automotive dealers are wondering: Is it going to be harder or easier to sell a car in the next 30 days? the report began.

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3 industry leaders inducted into Used Car Week Hall of Fame

Auto Remarketing

To celebrate the 25th anniversary of Used Car Week, Cherokee Media Group has launched the UCW Hall of Fame to recognize executives who have played an important role in the development, growth and success of Used Car Week over time. 18 in Scottsdale, Ariz. 18 in Scottsdale, Ariz. Listen to the conversations below.

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Buying a Used Car: Mileage vs. Age, What’s More Important?

Auto Service World

When purchasing a used car, it is important to take into account both the mileage and age of the vehicle. These two factors are vital in evaluating the condition of the car. In this article, we will explore the importance … The post Buying a Used Car: Mileage vs. Age, What’s More Important?

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A Comprehensive Guide: What to Look Out for When Buying a Used Car

Auto Service World

Buying a used car can be an exciting yet daunting experience. … The post A Comprehensive Guide: What to Look Out for When Buying a Used Car appeared first on Auto Service World.

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