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. year-over-year, while cars were up 0.6%

Used Cars 52

Used Cars Car Electric Vehicles Trucking 52

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.

Used Cars 105

Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

MAY 28, 2024

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. As it stands, retail prices for used vehicles have slowed significantly year-over-year: used SUVs are down 9.5%

Used Cars 109

Used Cars Car Retail Finance 109

Auto Remarketing

FEBRUARY 1, 2024

Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. For three consecutive weeks, the overall wholesale market has exhibited a slowdown, with reduced depreciation rates recorded in both the car and truck segments,” the report said.

Retail 98

Retail Used Cars Trucking Finance 98

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.” In other words, shoppers shouldn’t expect much further relief.

Retail 59

Retail Used Cars Car Trucking 59

Auto Remarketing

FEBRUARY 27, 2024

Used-vehicle prices are showing a “typical seasonal rise” on a month-over month basis in the wholesale market but are down double-digits from early 2023. Meantime, used-vehicle prices on the retail side of the market “are in retreat” from peaks reached in May. Car prices were up 4.4% Truck segment prices climbed 2.7%

Used Cars 52

Used Cars Car Retail Trucking 52

Auto Remarketing

OCTOBER 22, 2024

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Power showed the numbers crunch unfolding that might again be pitting the used-car department versus the new-car division.

Trucking 98

Trucking Retail Automotive Used Cars 98

Auto Service World

MAY 4, 2025

More than 76% of Americans use cars to commute today. To meet the consumer demand, car dealerships must efficiently manage their inventory. One of the critical parts of automotive retail operations is auto transport for dealerships. American car dealerships need to move cars between locations to sell them.

Car 130

Car Transportation Car Dealership Insurance 130

AutoSuccess

MARCH 28, 2024

A 2022 Bureau of Labor Statistics report reminds us that from the 2007 to 2009 recession — and through the onset of the pandemic in 2019 — “car and truck dealerships faced an economic shock and compressed profit margins on new vehicles.” CarEdge Data pointed out that February inventory supply ranged from two weeks to two years.

Used Cars 93

Used Cars Management Retail Vehicle 93

Autoblog: Repairs

SEPTEMBER 9, 2024

Dealers and other retailers want to get the highest return on their dollar as possible, which means you’re up against an algorithm and a few people with a vested interest in extracting the most money from you as they can out of the gate. Frequently Asked Questions Which used-car retailer pays the most?

Used Cars 87

Used Cars Car Vehicle Retail 87

AutoSuccess

JULY 26, 2024

Total new vehicle sales for June , including retail and non-retail transactions, were expected to reach between 1.3 Legacy Philosophies in Managing Inventory The traditional thinking for many dealers is that you have to move a used car in 30 days and move a new car or truck in 45 days. million and 1.2

Retail 40

Retail Management IT Vehicle 40

Auto Remarketing

JULY 1, 2024

If a shopper who arrives at your dealership is on the hunt for an inexpensive used vehicle that can seat the whole family, here’s a selling point: Now might be the time to buy. While luxury cars were also down $200 from May, other vehicle categories saw little (hybrids/EVs, down $40) to no change (cars) month-over-month.

Vehicle 52

Vehicle Trucking Retail Used Cars 52

Auto Remarketing

JULY 26, 2024

Total new vehicle sales for June, including retail and non-retail transactions, were expected to reach between 1.3 Legacy philosophies in managing inventory The traditional thinking for many dealers is that you have to move a used car in 30 days, and move a new car or truck in 45 days. million and 1.2

Management 59

Management IT Retail Vehicle 59

Auto Remarketing

JUNE 5, 2024

The used-car market seems simple enough: buy vehicles and sell them for more than you paid. However, any seasoned general manager, inventory buyer, or used-car specialist knows that there are several factors between those transactions that can tip the scales toward profitability or debt.

Transportation 52

Transportation Management Used Cars Vehicle 52

AutoSuccess

FEBRUARY 27, 2024

These retail groups indicated that interest rates are a major factor, and F&I managers continue to see affordability at the consumer level as an ongoing issue. Additionally, as a growing number of drivers select electric vehicles, they will rely on their dealerships to guide them with the right protection products geared toward EVs.

Retail 40

Retail Electric Vehicles Vehicle Electricity 40