Auto Service World

FEBRUARY 25, 2025

While still high, prices for used vehicles trended downward over the last year. AutoTrader reported that January 2025 prices for used vehicles hit $36,899, down 5.7 Thats in comparison to new vehicle prices coming in at $65,317 that month, a drop of 2.9 Dealers are split on their primary sources of vehicles.

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Auto Service World

JANUARY 23, 2025

Despite ongoing economic challenges, Canadians are demonstrating resilience in their vehicle purchasing habits, according to new research from AutoTrader. While the economic landscape remains challenging, with high interest rates, gas and vehicle prices influencing decisions, Canadians are adapting.

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Auto Service World

MAY 4, 2024

Buying a used car can be an exciting yet daunting experience. While it offers the opportunity to find a vehicle that fits your needs and budget, it also comes with inherent risks, such as hidden mechanical issues or undisclosed problems.

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Used Cars Car Mechanic Vehicle 212

Auto Service World

JANUARY 2, 2024

When purchasing a used car, it is important to take into account both the mileage and age of the vehicle. These two factors are vital in evaluating the condition of the car. In this article, we will explore the importance … The post Buying a Used Car: Mileage vs. Age, What’s More Important?

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Auto Remarketing

MARCH 4, 2025

Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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Used Cars Retail Car Entertainment 66

Auto Remarketing

FEBRUARY 12, 2025

Incentives on new vehicles: remember those? of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. Theyre back in a big way. After hitting a trough of 2.9% That was especially evident towards the end of 2024.

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Auto Service World

MARCH 27, 2025

As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles. According to Lang Marketing’s latest report, “Soaring Odometers Boost ICE Aftermarket,” light vehicles in the U.S.

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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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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. This can result in significant savings to the wallet.

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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. This can result in significant savings to the wallet.

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Electric Vehicles Used Cars Electricity Vehicle 130

Auto Remarketing

JANUARY 8, 2025

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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Auto Remarketing

APRIL 17, 2025

As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. The report, based on data from the companys Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9%

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Used Cars Retail Car Vehicle 59

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. 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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AutoSuccess

DECEMBER 25, 2024

Earlier last week, I had a conversation with one of our dealer partners who had a record-breaking August driven entirely by used vehicle sales. With tight supply and a flat-feeling used market, I asked, how did he turn it into the driver of his record month? 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

Tire Review Magazine

APRIL 24, 2025

Economic uncertainty is prompting many car buyers to act quickly, which pushes up sales and vehicle prices. According to CARFAX , both car sales and prices are rising beyond typical seasonal patterns. This spring, used car price trends show nearly double the increase compared to the same period last year.

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Auto Remarketing

APRIL 29, 2025

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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AutoSuccess

DECEMBER 1, 2024

In today’s competitive used car market, dealerships can’t afford to rely on guesswork during vehicle appraisals. Getting it right requires more than a quick look under the hood or a test drive — it demands full transparency into the car’s history, condition and features.

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Used Cars Car Mechanic A Tech 52

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. Enough, at least, to purchase an older pre-owned vehicle. However, they still may end up paying more than expected for a newer used vehicle or settling for an older set of wheels.”

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Used Cars Car Finance Vehicle 52

Auto Service World

APRIL 26, 2025

The key to making that investment pay off is choosing a used car that stands the test of time. While many vehicles may look similar at first glance, not all used cars are equal when it comes to long-term reliability, value, and satisfaction. So, what makes some used cars better for long-term ownership than others?

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Automotive Training Centre

MARCH 27, 2025

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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Auto Service World

OCTOBER 12, 2024

Steering through the world of second-hand vehicles can be tricky, especially when finding a dealer you can trust. This, however, can make your car buying journey more challenging. Transparency: Trustworthy dealers are typically forthcoming with information about their vehicles. So, how do you separate the wheat from the chaff?

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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.

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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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Auto Remarketing

APRIL 15, 2025

With a 25% tariff on imported autos in place, much of the focus has been on its effect on vehicle prices. 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. And that was before tariffs became a thing.

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Used Cars Car Vehicle Automotive 59

Auto Remarketing

NOVEMBER 25, 2024

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 ?

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AutoSuccess

APRIL 21, 2025

What a car shopper cant find on them wouldnt fill a thimble so why should you consider adding digital vehicle portfolio (DVP) content to this fantastic marketing site? Thats a great question, and every dealer, GM and used car manager should ask it. Customers see why the vehicle is priced the way it is.

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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. But for $30,000 to $49,000 vehicles — which is the price range typical for 1- to 3-year-old used vehicles — inventory fell 15%, according to Cars Commerce.

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Used Cars Retail Car 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%

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Used Cars Retail Car Vehicle 111

Automotive Training Centre

APRIL 9, 2025

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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Electric Vehicles Electronics Electricity Automotive 188

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

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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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

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. And the good news for dealers is supply has increased for some of the vehicle price band that would fit into that particular age group.

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Auto Remarketing

MAY 15, 2024

Edmunds director of insights Ivan Drury highlighted multiple tailwinds that could help the retailing of used cars. What could be most beneficial for dealerships of all stripes is getting a boost of older, more affordable vehicles. Vehicles older than 9 years were more likely to be traded in for a used vehicle,” he continued.

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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

JANUARY 8, 2025

Those are not necessarily words used to describe the used-vehicle market over the last five years, but 2024 closed with analysts calling wholesale price patterns exactly that.

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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 million used vehicles, compared to 4.29 The year began with used-car sales by dealers falling 6.4% In February, used sales were up 4.1%

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