Strengthening, but not quite to the same level as the overall industry. That’s the story around wholesale prices and retention for electric vehicles this spring, according to the latest AuctionNet data from the National Auto Auction Association. Overall wholesale auction prices came in at $20,200 in May, NAAA said, which was down 2.1% from April. […] [Read More]

There were more than 137,000 catalytic converters stolen last year, according to data from Carfax, as these devices are not only somewhat easy to nab from some vehicles, but also contain high-value precious metals. And word to the wise: some of the most frequently targeted for catalytic converter theft are the most popular vehicles on […] [Read More]

Here’s a sign that vehicle diagnostic technology is in demand at both dealers and auctions: CarDr’s diagnostic intelligence platform has seen its utilization rise by more than 500% year-over-year. In fact, the company said this week that less than halfway through the year, the CarDr platform utilization had eclipsed full-year 2025 levels by more than […] [Read More]

Catalyst IQ and JD Power each offered some clarity for why used-car retail prices are climbing even faster than ones for new models, which are just $30 below the record level seen in July 2023. And perhaps more importantly for dealerships, Catalyst IQ also provided six recommendations to help stores navigate affordability pressures potential buyers […] [Read More]

While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like it. A midsize SUV leaves the lot? Buy another midsize SUV. A pickup sells quickly? […] [Read More]

There is likely to be about 26% year-over-year growth in lease returns this year, according to Edmunds. That’s nearly 500,000 more used cars hitting the market compared to last year And that uptick is expected to continue in 2027, with off-lease numbers expected to climb another 400,000 units from 2026. “This is where the increases […] [Read More]

Dealerships have upped the ante when it comes to advertising used vehicles. According to Fullpath’s April 2026 Auto Intelligence Index, new-vehicle inventory advertising is still the largest share of dealership ad spending, but investment in used and certified pre-owned vehicles took a giant leap forward last month. The data, derived from Fullpath’s customer data platform […] [Read More]

There are warning signs ahead for the used commercial vehicle market. The latest data from Work Truck Solutions shows a “significant tightening” in new‑vehicle availability during the first quarter of 2026, leading to indications of “friction” coming to the used market. The company’s Q1 2026 Commercial Vehicle Market Analysis report found the average final price for […] [Read More]

There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data to streamlining processes, leaders are thinking about the ways AI can help their businesses. But […] [Read More]

It’s a bit of Catch-22. With new cars out of reach for many, car shoppers are turning to the used-car market to find affordable options. But that rush of interest is driving up prices in pre-owned, too. Retail prices of used vehicles this month increased an average of more than $870 from April, according to […] [Read More]