Remove Electricity Remove Retail Remove Used Cars
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Tesla tops list of used cars showing price drops against market’s upward trend

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Used car prices are rising. For most used cars, anyway. The analysis of the retail prices of 1.4 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 Ten used models dropped more than 10% in price year-over-year.

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Lotlinx report shows used-car sales lagging behind new in Q2

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Lotlinx said the report used more than 24 billion proprietary VIN-level data points and machine learning to compile its look at the current state of the automotive retail market for new and used vehicles. The used inventory the end of June was listed at an average price of $28,888, nearly $2,000 higher than units sold in Q2.

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Cherokee Media Group bringing Used Car Industry Summit to Miami in April

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On Tuesday, Cherokee Media Group officially announced plans to host the Used Car Industry Summit on April 13-15 at Miami’s premier waterfront destination: the luxurious InterContinental Miami. Built on the success of Used Car Week, the Used Car Industry Summit will highlight the best of the used-car industry.

Media 52
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Used pickups, hybrids/EVs lead retail price increases in June

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Pickup trucks and electric vehicles/hybrids. But in June, they have dominated used-vehicle price increases. According to the latest Carfax Used Car Index , used pickup prices climbed almost $1,100 month-over-month in June, which is their steepest price swing in over two years.

Retail 52
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From the editor: Dealer-focused used EV track adds extra seasoning to Used Car Industry Summit

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It’s electric vehicle chargers. A major focus of our new conference — the Used Car Industry Summit , set for April 13-15 at the waterfront and luxurious InterContinental Miami — will be used electric vehicles. Even the “Bo’s Bird Dog,” which is a fried chicken strip in a hot dog bun.

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Carvana survey shows most EV owners rarely use public chargers

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While the lack of public charging facilities is one of the most cited reasons by consumers for not considering an electric vehicle, most EV owners say they dont need or use them. of its used-car retail sales in 2024, well above the 1.3% Carvana said EVs accounted for 5.7%

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No More Scan-and-Pray Trade-in Losses

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Battery Electric Vehicles growth is estimated to increase, interest rates are becoming more favorable for consumers and an optimistic economy bodes well. At the same time, without process improvement, the profitability per vehicle (PPV) of the used car will continue to evaporate. S&P Global Mobility projects 16.2