The Richmond and San Francisco regions were the only two Federal Reserve Districts said to have had “a bit slower paced” auto sales in the latest Beige Book report, but even these two districts are seeing hefty demand, according to the Fed, particularly on the used-car side. This was just one of several favorable signs […] [Read More]

The used-car days-to-turn rate in Canada climbed for the second straight month, according to the latest data provided by J.D. Power and Associates’ Canadian Automotive Practice. Following four consecutive months of declines, the rate settled at approximately 54 days to turn in May, before creeping up each of the last two months and reaching close […] [Read More]

Used-vehicle sales appear to be headed toward the 4-million-unit range this month, which would beat the figures from last August by more than 4 percent, according to TrueCar.com. Specifically, TrueCar is calling for 3.99 million used sales this month, which would be a 4.7-percent increase from a year ago. “It’s mostly an inventory-driven increase,” Jesse […] [Read More]

Though used-car prices are trending downward after landing at record highs due to low supply, rates are still high and some consumers are turning towards buying new. In light of this trend, Kbb.com offered a list of vehicles shoppers should consider buying new, since used prices for these units are sitting particularly close to this […] [Read More]

Though NADA Used Car Guide is predicting used-vehicle depreciation rates will see only a modest uptick in the next few years, a few segments it tracks are set up to buck the trend. In fact, a few of these segments, mostly truck-related, are expected to experience changes “well above the market as a whole,” explained […] [Read More]

When the CPO Forum gets rolling later this fall, not only will the industry’s leading certified pre-owned event feature some of the top automakers in the business, the conference will include reputation management and advertising strategies specifically tailored to the CPO market. For example, on the first day of the CPO Forum — which is […] [Read More]

On Monday, Kelley Blue Book shared the 25 most-researched used vehicles on its site over the last 30 days, and topping the list was the Honda Civic. In fact, Honda claimed the top two spots, as the Accord came in second. However, dominating the list was Ford, which led all OEMs with eight models making […] [Read More]

The next few years will likely see a modest uptick in used-vehicle depreciation rates, but thanks to factors like low supplies of late-model units — among other reasons — the projected rate is expected to be slower compared to the more dramatic depreciation witnessed in years past. That’s the word from NADA Used Car Guide, […] [Read More]

While Tropical Storm Isaac doesn’t appear to be packing the same vicious punch Hurricane Katrina did seven years ago, there are concerns about what the storm on the verge of hurricane strength might do to gas prices nationwide and vehicle sales along the Gulf Coast and beyond. Alec Gutierrez, senior market analyst of automotive insights […] [Read More]

Recent stress tests conducted by Fitch Ratings determined the majority of AAAsf rated U.S. prime auto loan ABS outstanding classes of notes are comfortably able to withstand a hypothetical recession and material declines in used-vehicle recovery rates. Under the moderate scenario, Fitch expects all AAAsf rated notes to likely remain rated investment grade with nearly […] [Read More]