Auto Remarketing

NOVEMBER 25, 2024

With that in mind, CARFAX has added month-over-month insights to its Used Car Index reports, the first major change in these recaps since their April 2023 debut. If so, how will that affect used-car prices? Will the new administration end the tax credit for new and/or used electric vehicles (EVs)?

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Auto Service World

NOVEMBER 16, 2024

In today’s world, finding a car that is both eco-friendly and budget-friendly can be a challenge, especially for families. However, there are several used cars on the market that offer great fuel efficiency, low emissions, and a comfortable ride for the whole family.

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AutoSuccess

JANUARY 14, 2025

While the Southeast recovers from the devastating impacts of Hurricanes Helene and Milton, their lingering effects are still being felt in the used car market. Why Flood-Damaged Cars Pose Risks Vehicles exposed to floodwaters often suffer from hidden damage that can severely impact their safety and reliability.

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Auto Remarketing

APRIL 29, 2024

The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment , the company pinpointed three retail used-car pricing trends that have stood out. Tom Kontos, the chief economist at ADESA, has noticed a similar flattening in wholesale used-car prices. year-over-year.

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Auto Remarketing

APRIL 17, 2024

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% million used vehicles, compared to 4.29 Affordability matters more than ever to consumers, and declines in used-vehicle prices help offset higher interest rates,” Robb said. In February, used sales were up 4.1%

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Auto Remarketing

JANUARY 8, 2025

It was, however, a bit unexpected to find an electric vehicle in the top 30, and two EVs among the top 75. million used car sales from the past five model years to identify the most popular used cars bought in 2024. As has become expected, Fords F-150 pickup was the top-selling used vehicle in the U.S.

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Auto Remarketing

MARCH 31, 2025

Like an accent or dialect, the used-car market can vary depending on where you (or yall or yinz) are in the U.S. And CARFAX is accounting for this patchwork of market dialects, so to speak, by adding in regional breakdowns to its monthly index of retail used-car prices. Luxury cars fell 0.2% Pickups jumped 0.8%

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Auto Remarketing

SEPTEMBER 20, 2024

As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. The report, based on data from Car Commerce’s platforms, including Cars.com, Dealer Inspire and AccuTrade, shows used-car inventory up 2.3% year-over-year and 13.3%

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Auto Service World

AUGUST 29, 2024

Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotive market, according to analysis from AutoTrader.

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Auto Service World

MARCH 20, 2025

. “We’re looking at poor used supply the next four years, he warned at the Talk Auto event in Vaughan, Ontario, in the fall. So when examining whether or not manufacturers will start to bring those vehicles into showrooms as used cars, its not a bright picture. million vehicles, Ross observed.

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autoevolution

MARCH 26, 2025

Battery electric vehicle (BEV) owners have been feeling the heat for quite some time. However, we now have another study that proves these cars are the best shot anyone has at losing money with automobiles. " Although luxury vehicles are also a money pit, BEVs take the crown when it comes to depreciation. continue reading. )

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Auto Service World

JANUARY 18, 2025

Image source The buzz around electric vehicles (EVs) is undeniable. However, traditional gasoline cars, with their internal combustion engines (ICE), are still common on American roads. Gas-powered cars (ICE) have ruled the country for decades, but rising fuel prices and EV tax breaks are shifting the conversation.

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Electric Vehicles Electricity Vehicle Insurance 130

Autoblog: Repairs

JANUARY 16, 2024

Filed under: Green , Tesla , Used Car Buying , Auto Repair , Electric Continue reading Hertz's Tesla liquidation sale likely means more depreciation for used EVs Hertz's Tesla liquidation sale likely means more depreciation for used EVs originally appeared on Autoblog on Tue, 16 Jan 2024 18:03:00 EST. Please see our terms for use of feeds.

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Auto Remarketing

MARCH 14, 2025

Looking for an affordable used car? You might want to go electric. The latest research from iSeeCars shows used EV prices fell 15.1% million used cars sold from February 2024 to February 2025 found the average price of 1- to 5-year-old used vehicles have stabilized, down less than 1.5%

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Auto Service World

MARCH 14, 2025

Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate.

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Jalopnik

OCTOBER 25, 2023

The pre-owned car market is still in a weird place. Some segments like electric vehicles have some hefty savings , but most pre-owned cars are still selling for inflated prices. If you happen to come across a used car that seems too good to be true, make sure the dealer can answer these questions. Read more.

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Jalopnik

OCTOBER 17, 2024

In today’s volatile automotive market, finding the best used car value can feel like searching for a needle in a haystack. With new car prices pushing the boundaries of belief, and used car prices constantly fluctuating, it’s time to ask the Jalopnik audience what they think the best value on the used market is.

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Jalopnik

AUGUST 20, 2024

Used car prices are s teadily dropping, mostly due to oversupply , and while electric and luxury vehicles are being hit the hardest, other segments don’t always see a big savings gap between new and used. Read more.

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Auto Remarketing

OCTOBER 27, 2023

The retail used-car market appears to be hitting a “leveling off period” when it comes to prices. That’s according to the latest CARFAX Used Car Price Index , which said used-car asking prices on its platform are approaching a “floor.” Hybrids and electrics softened $85.

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Jalopnik

AUGUST 16, 2024

The used car market has been an up-and-down mess since at least 2020, with reduced new car inventory pushing more buyers into pre-owned purchases , which reduced the revolving supply of trade-ins. This perfect storm of pandemic-induced chip-shortage used car inflation appears to finally be subsiding.

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Used Cars Car Electric Vehicles Finance 61

Auto Remarketing

JUNE 11, 2024

How are electric vehicles impacting the used-car market? The post PODCAST: How EVs have impacted the used-car market appeared first on Auto Remarketing. Listen to this episode of the Auto Remarketing Podcast to hear Jenkins’ keynote presentation given during the event’s final day in the window below.

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Auto Remarketing

OCTOBER 23, 2024

The latest numbers from Cars Commerce show a new-car market in flux, with prices falling as excess inventory builds up. In the used-car world, on the other hand, all is calm and steady. The age of those used cars is steadily increasing, which means consumers are now getting an older car for the money than they had before.

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Auto Remarketing

JUNE 19, 2025

Among those top findings, CarGurus indicated used inventory has reached multi-year highs, but value has been redefined. For shoppers in the market for a used car costing less than $20,000, analysts acknowledged options are increasingly older and higher mileage.

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autoevolution

FEBRUARY 8, 2024

Last year, we learned that the all-electric Audi e-tron GT started having a rough time in the used car market. Its posher half-sibling, the Porsche Taycan, was also heading onto the same path. Now, the data couldn't be clearer: EV prices entered an accelerated downtrend. Unlike Tesla&#039. continue reading. )

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Car Used Cars Electricity IT 128

RB Auto Service

JULY 10, 2024

The process of buying a used car can be both exciting and nerve-wracking. A pre-purchase inspection involves a comprehensive evaluation of a used car’s mechanical, electrical, and safety aspects by expert technicians. Ensuring Safety: Safety is paramount when choosing a used car.

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Auto Remarketing

JANUARY 21, 2025

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a lively debate about the future of electric vehicles. Listen to the episode in the window below and stay tuned for more from UCW 2024.

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Auto Remarketing

NOVEMBER 5, 2024

In Cars Commerce’s most recent Industry Insights Report , industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of the current new-car environment. So, why isn’t the used-car sector experiencing the same “adjustment” as new cars?

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Auto Remarketing

JUNE 27, 2025

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.

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Auto Remarketing

FEBRUARY 12, 2025

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% share of the overall used market shown in Kelley Blue Book and MarketCheck data.

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Auto Remarketing

JUNE 11, 2025

Electric vehicles are one of two outliers when it comes to used-car price patterns, as their prices continue to fall amid growth in the overall pre-owned vehicle market the last three months.

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Electric Vehicles Used Cars Electricity Vehicle 52

Auto Remarketing

MAY 28, 2025

There has been a spark in the used hybrid and electric vehicle market this month. After two years of consistent slowdowns, the segment has shown the most month-over-month retail price growth of any vehicle category in the latest Carfax Used Car Index. According to Carfax, used hybrid/EV prices are.

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autoevolution

SEPTEMBER 23, 2024

So those who want it fast, can just go to the official website and order one for a lower price than what is on the used car market right now. That being said, why would anybody want to buy a used Tesla Cybertruck right now? There was a time when the electric pickup. continue reading. )

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Used Cars Electricity Vehicle Car 105

Auto Remarketing

APRIL 17, 2025

As the tariff era begins, perhaps the two biggest concerns for the overall used-car market, now and down the road, are rising prices and the dwindling supply of off-lease cars. To which used electric vehicles say, What, me worry?

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AutoSuccess

MARCH 20, 2025

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

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Auto Remarketing

NOVEMBER 29, 2023

Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. But the price drops for used electric vehicles (and to a lesser extent, hybrids) have been far more extensive, approaching 34%, the iSeeCars data shows. For hybrids, used prices fell 9.6% to $31,511.

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Electric Vehicles Used Cars Electricity Vehicle 105

Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. Howard and Von Busch recapped what the industry has learned about EV retailing and more this year.

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Auto Remarketing

MAY 7, 2024

Compact cars (down 17.6%) had the heftiest decline, followed by midsize cars (down 16.8%) and pickups (down 15.2%), Cox said. The decline for non-electric vehicles was at 13.1%, while EV values dropped 17.5% SUV/CUV prices were off 14.6% year-over-year and luxury prices fell 12.9%. from April 2023.

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