Plus Toyota has seen its profits drop for the first time in years and Boeing’s seven-week strike comes to an end ...

As the gap between new and used car prices widens, coupled with high-interest rates, buyers face a reality check.

A new report finds that buyers in the market for a new car are so discouraged by rising transaction prices that they're ...

The average price of a used car is still over $27,000, according to Edmunds — which is daunting to those used to pre-pandemic ...

A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used ...

The gap between the average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, ...

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 ...

A new study shows that the price gap between new and used cars has hit a record high, New vehicles are now on average $20,000 ...

While it’s tempting to blame rapid EV depreciation on a cooled EV market in general, rapidly advancing EV tech means even ...

If you're in the market for a car, you know prices are high. A new study shows consumers expecting to buy a new car may head ...

The used car market showed some positivity in October with retail prices increasing 1% month-on-month, despite the average ...

Hybrids and EVs have taken their highest ever used car market share, with Motors reporting that the models accounted for 14% ...