Auto Remarketing

FEBRUARY 12, 2025

TO READ THE FULL STORY BECOME A MEMBER Login The post New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars appeared first on Auto Remarketing. That was especially evident towards the end of 2024.

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AutoSuccess

DECEMBER 25, 2024

The reason most salespeople struggle to push used cars isnt because they dont want to its because they dont understand how to sell what they dont know. If we dont prioritize inventory knowledge, our teams will naturally default to selling new cars. Heres how you as a leader can help your team crush used car sales: 1.

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Used Cars Car Vehicle Management 52

Auto Remarketing

APRIL 15, 2025

Used cars are a hot item these days even as their prices skyrocket. The latest data from CARFAX shows a surge in both used-car sales and prices that far outpaces typical seasonal patterns. This shift in consumer behavior will drive up used car prices as well, creating a cascading effect across the market.

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AutoSuccess

DECEMBER 1, 2024

In today’s competitive used car market, dealerships can’t afford to rely on guesswork during vehicle appraisals. In the used car market, predictability is the foundation of profitability. Accurate appraisals are the key to a more profitable future in used car sales.

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Auto Remarketing

APRIL 15, 2025

But the supply of vehicle inventory, already an issue in the used-car sector, looms as a factor in both the short and long term. TO READ THE FULL STORY BECOME A MEMBER Login The post Tariffs expected to take a toll on used-car supply now and later appeared first on Auto Remarketing.

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Used Cars Car Vehicle Automotive 59

Auto Remarketing

OCTOBER 29, 2024

The difference between the price of a new car during the third quarter and that of a used car is enough money to … well … buy a car. Specifically, new vehicles sold for an average of $47,542 during Q3, which is $20,365 higher than the average price buyers paid for used cars ($27,177), according to the Edmunds data.

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Auto Service World

JUNE 29, 2024

If you get your strategy right, choosing to set up a used car business can be a rewarding decision for your finances.

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Autoblog: Repairs

JANUARY 31, 2024

Filed under: Car Buying , Used Car Buying , Auto Repair , Maintenance , Ownership Continue reading Best used cars for the money in 2024 Best used cars for the money in 2024 originally appeared on Autoblog on Wed, 31 Jan 2024 14:33:00 EST. Please see our terms for use of feeds.

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Autoblog: Repairs

JUNE 26, 2024

Please see our terms for use of feeds.

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Auto Service World

OCTOBER 19, 2024

Buying a used car has traditionally been associated with stress, long waits, and confusing paperwork, but Cars4Us is changing all that. As Australia’s leading used car platform, Cars4Us has revolutionised the process by making it easier, faster, and more transparent for buyers. Ready to find your next car?

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Auto Service World

OCTOBER 12, 2024

This guide will walk you through the process of finding the most reliable used car dealers in River City, ensuring you drive away with a great vehicle and peace of mind. The Qualities of Trustworthy Dealers Knowledge is power in the used car market, and understanding the local landscape is your first step towards a successful purchase.

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Auto Service World

NOVEMBER 13, 2024

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market.

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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. Olsen listed the following as “open questions” that could impact activity among used- and new-car buyers. If so, how will that affect used-car prices?

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Auto Service World

MARCH 15, 2025

Meta description: Discover why vehicle history reports are crucial for used car transactions, providing transparency, negotiation leverage, and peace of mind for both buyers and sellers. In the complex world of used car purchases, vehicle history stands as perhaps the most valuable tool for both buyers and sellers.

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Jalopnik

JANUARY 13, 2025

The used car market, for the most part, has shifted back in favor of the buyers instead of the sellers. With deals to be had on most of your typical cars and incredible savings on EVs, it also means that some dealers are pulling out all the stops to get you in the door even if the real price isnt what it appears Read more.

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Used Cars Car IT Finance 52

Auto Service World

OCTOBER 26, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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Auto Service World

OCTOBER 5, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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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. For those in the market for a used vehicle, this means extra caution is necessary. earlier this year.

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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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Used Cars Car Retail Electric Vehicles 105

Auto Remarketing

MAY 15, 2024

Edmunds director of insights Ivan Drury highlighted multiple tailwinds that could help the retailing of used cars. The return of holdout buyers should help bolster the supply of more affordable, older used vehicles. The average trade-in age for used vehicles increased to 9.4 What does it mean for used-car sales?

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Used Cars Car Retail Vehicle 105

Auto Remarketing

NOVEMBER 14, 2023

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% year-over-year drop.

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Used Cars Retail Car Vehicle 111

Auto Service World

JANUARY 23, 2025

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. This trend highlights consumers continued search for the right balance between affordability and vehicle needs.

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Auto Remarketing

MARCH 11, 2024

The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year.

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Auto Remarketing

SEPTEMBER 6, 2024

And as the law of supply and demand decrees, used car prices are beginning to rise, according to CarGurus’ August 2024 Intelligence Report , released this week. The report showed used-car inventory levels down in August for the third consecutive month, dropping 2% below last year and 7.4% below August 2022 levels.

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Used Cars Car Retail Vehicle 98

Jalopnik

JANUARY 18, 2025

The used car market, for the most part, has shifted back in favor of the buyers instead of the sellers. With deals to be had on most of your typical cars and incredible savings on EVs, it also means that some dealers are pulling out all the stops to get you in the door even if the real price isnt what it appears Read more.

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Used Cars Car IT 58

Auto Remarketing

AUGUST 23, 2024

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.

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Used Cars Retail Car Vehicle 105

Auto Remarketing

MAY 21, 2024

Used-car retail sales in April were ahead of prior-year figures, but the market was challenged, given the end of tax season and the hurdles of low supply, affordability and high interest rates. million used vehicles last month, which beat April 2023 by 4.8% million used-car sales by dealers, compared to 5.63

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Used Cars Car Retail Vehicle 105

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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Banking Used Cars Car Electric Vehicles 130

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%

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Used Cars Car Retail Finance 109

Auto Remarketing

JUNE 14, 2024

Almost half of used-car shoppers say the oldest vehicle they would consider is in the 3- to 5-year-old range, according to the May Industry Insights Report from Cars Commerce. Here’s how that shakes out in the Cars Commerce data set. years) was up 7.2%, according to Cars Commerce. years – took a 13.2%

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Auto Remarketing

FEBRUARY 17, 2025

Plus, Von Busch goes into detail about Experian’s special report on the used-car market. The post PODCAST: Kirsten Von Busch on ‘memorable’ NADA Show, NOLA’s hidden gems & Experian’s used-car report appeared first on Auto Remarketing. Listen to the conversation in the window below.

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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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Used Cars Car Retail Electric Vehicles 105

Auto Service World

MARCH 27, 2025

The high odometer readings of domestic vehicles, coupled with greater product use per mile as vehicles age, are bolstering the ICE vehicle aftermarket. Image credit: Depositphotos.com The post Odomoters keep rising, boosting aftermarket appeared first on Auto Service World.

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autoevolution

MAY 10, 2024

To determine the least reliable used cars you can buy in 2024, the team from the ultra-famous "carwow" YouTube channel teamed up with a leading UK aftermarket warranty provider. The data comes from thousands of detailed car breakdowns, so we'll discuss average fixing costs but also the most expensive repairs.

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Auto Remarketing

JULY 16, 2024

In fact, Cox Automotive found that “reporting was more disrupted than actual sales,” but noted that July will likely make up for June’s disruption in the used-car market. And even with disruption, dealers increased.

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Autoblog: Repairs

SEPTEMBER 8, 2024

A while back, one automaker ran commercials saying something like, “The best new cars make the best used cars.” Consumer Reports recently put that thinking to the test with an evaluation of the brands and models that make the best used purchases , and there are few surprises with the top brands.

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Auto Remarketing

AUGUST 16, 2024

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though.

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