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The ‘horror story’ of the used vehicle market

Auto Service World

The used vehicle market is facing significant supply challenges and a course correction isnt expected for many years to come. Daniel Ross, senior manager of industry insights and residual value strategy at Canadian Black Book described the current state of the used vehicle market as a “horror story.”

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Are You Considering Auto Detailing Training? Learn How EV Needs Differ

Automotive Training Centre

Electric vehicles are changing how we think about cars, including how they are maintained and detailed. If youre considering auto detailing training , understanding the differences between detailing EVs and traditional internal combustion engine (ICE) vehicles will give you an edge in the industry.

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Hurricane-Damaged Vehicles Still Impacting Used Car Market Months After Storms

AutoSuccess

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. According to a recent analysis conducted by EpicVIN , as many as 139,000 vehicles were flooded during Hurricane Helene, with over 61,000 of those in Florida alone.

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Trucks, SUVs head list of best-selling used vehicles, but Tesla EVs moving up

Auto Remarketing

Its not a surprise to find full-sized pickup trucks at the top of a list of Americas 100 best-selling used vehicles. It was, however, a bit unexpected to find an electric vehicle in the top 30, and two EVs among the top 75. As has become expected, Fords F-150 pickup was the top-selling used vehicle in the U.S.

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Tesla tops list of used cars showing price drops against market’s upward trend

Auto Remarketing

Used car prices are rising. For most used cars, anyway. million used cars showed the Model S one of four Teslas on the list lost an average of 17.2% 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

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Are You Considering Auto Detailing Training? Learn How EV Needs Differ

Automotive Training Centre

Electric vehicles are changing how we think about cars, including how they are maintained and detailed. If youre considering auto detailing training , understanding the differences between detailing EVs and traditional internal combustion engine (ICE) vehicles will give you an edge in the industry.

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CARFAX adds month-over-month data to used-car price index; how that plays out in November

Auto Remarketing

The degree to which a vehicle’s price changes month-over-month might be more telling, in some cases, than the year-over-year change. 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. car industry overall ?