Handwringing in the new-car market is already driving up sales and prices in the retail used-car market, according to analysis around the latest CARFAX Used Car Index, which saw prices increase nationally month-over-month in April for every segment it tracks. Amid the Trump administration’s tariffs driving economic uncertainty, used-car prices climbed at twice the rate […] [Read More]

As the tariff era begins, perhaps the two biggest concerns for the overall used-car market, now and down the road, are rising prices and the dwindling supply of off-lease cars. To which used electric vehicles say, “What, me worry?” As used wholesale prices begin to creep upward thanks to rising demand coupled with diminished supply, used EVs represent ... [Read More]

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 company’s Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9% in […] [Read More]

iSeeCars is seeing something it hasn’t seen in more than two years: rising used-car prices. The automotive search engine and research website said its latest study showed the average used-vehicle listing price in March was up 1% from March 2024, the first year-over-year increase since October 2022. The study was based on iSeeCars’ analysis of […] [Read More]

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. In 2024, used supply sank 8% year-over-year to end the year 28% below pre-pandemic levels, and in its original 2025 forecast, Cox Automotive projected that trend to continue as the impact of COVID-induced slowdowns in new-vehicle sales and production ripples through the used-car market. And that was before tariffs became a thing ... [Read More]

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. The provider of vehicle history reports said the rate of increase in both areas so far this spring is twice that […] [Read More]

The automotive industry has always been cyclical, but today’s market conditions present a new set of challenges. With a 25% tariff being imposed on all imported vehicles, dealer principals must rethink their long-term strategies. The question is no longer just about operational efficiency. It’s about survival and securing the best path forward. For many dealers, […] [Read More]