The average price of a used car is still over $27,000, according to Edmunds — which is daunting to those used to pre-pandemic ...
Good morning! It’s Tuesday, November 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
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 report finds that buyers in the market for a new car are so discouraged by rising transaction prices that they're ...
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 ...
Edmunds said used car prices fell 6.2% last quarter compared to a year ago, but the declines are not much of a relief for consumers, given that the average used vehicle price is still up 31.4% from ...
Carvana, the e-commerce platform for buying and selling used cars, bounces back after recent industry reversals.
Experts say used car inventory has started to decline in the last couple of months as fewer off-lease vehicles return to the market — signalling a potential supply crunch.
While it’s tempting to blame rapid EV depreciation on a cooled EV market in general, rapidly advancing EV tech means even ...
The used car market showed some positivity in October with retail prices increasing 1% month-on-month, despite the average ...
The price difference between new and used vehicles on average topped $20,000 in the third quarter, according to Edmunds.
You may have seen the headlines in this publication and elsewhere: Used electric-vehicle prices are tanking. Perhaps you’ve ...