There has been a spark in the used hybrid and electric vehicle market this month. After two years of consistent slowdowns, the segment has shown the most month-over-month retail price growth of any vehicle category in the latest Carfax Used Car Index. According to Carfax, used hybrid/EV prices are ... [Read More]

When it comes to value, the gold standard is … gold. Unless it’s the color of your car. The latest study from iSeeCars looks at the effect color has on a vehicle’s resale value, and gold cars are at the bottom of the list. The analysis of 1.2 million 3-year-old vehicles showed the average gold […] [Read More]

Perhaps you could make an argument that the used-car market is almost as healthy as it can be for both auctions and dealerships based on two trends highlighted by Black Book in its latest installment of Market Insights. On the wholesale side, Black Book said last week’s auction conversion rate came in at 60%, and […] [Read More]

More than 28 million vehicles were affected by recalls mandated by the National Highway Transportation Safety Administration in 2024, but research from recall management systems provider Recall Masters said they might not be the only recalled vehicles that pose a danger. In addition to 445 NHTSA-required recall campaigns, the company’s annual State of Recalls report […] [Read More]

The NBA and NHL are deep into their playoffs, and four teams in each league have a chance to lift their coveted championship trophies. The playoffs offer just a big an opportunity for marketers and advertisers, with just as big a prize at stake: the attention of millions of rabid basketball and hockey fans. But, […] [Read More]

How are used-car sales going? Depends on what kind of dealer you ask. For franchised dealers, quite nicely, thank you. For independents … not so much. Cox Automotive’s Dealer Sentiment Index for the second quarter of 2025 offered a stark illustration of the different worlds inhabited by franchised and independent dealers in their outlook of […] [Read More]

Pandemic-era new-car production cuts have trimmed late-model used-vehicle supply. Lease maturities have declined. Automakers have slowed discounts. This trio of market factors pushed average used-car prices in the opening weeks of May up $130 from a year ago to $29,168, according to analysis released Thursday by J.D. Power. Meantime, data from EpicVIN shows average used-car […] [Read More]

The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales — largely driven by consumers rushing to purchase ahead of tariff price adjustments — the earlier months of the quarter were marked by a slight decline. Used-vehicle […] [Read More]

The auto dealership buy/sell market has slowed in the wake of President Trump’s tariffs, with the resulting geopolitical uncertainty and financial market volatility leading to a cautious approach, according to Kerrigan Advisors’ Blue Sky Report for the first quarter of 2025. The report found buy/sell activity in Q1 dropped 14% year-over-year, with 94 transactions closed […] [Read More]

Companies that are key players in the used-car world recently presented at the J.P. Morgan Global Technology, Media and Communications conference. While their presentations touched on a wide range of topics, a common thread ran through them. Each highlighted value-added services that will help them thrive in a time of great uncertainty. The companies are Cars Commerce, CarGurus, ACV Auctions and Carvana ... [Read More]