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]

Black Book tackled predictions for depreciation and residual values along with pinpointing a variety of factors that could be either tailwinds or headwinds for the used-car market as part of its Vehicle Depreciation Report 2026 compiled in collaboration with Fitch Ratings. Analysts see 2026 as an “inflection point” for the industry. “Core metrics — including […] [Read More]

The used electric and hybrid vehicle market was already set to benefit from a boost in supply. Now, the recent surge in fuel costs has led to greater demand, higher prices and quicker turn times for these vehicles. And significant increases in sales. Citing the U.S. Energy Information Administration, Cars Commerce said in its April […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and Zach Klempf of AutoAp. They broke down what is really happening in the recall landscape […] [Read More]

You can pick a Car of the Year, but that vehicle isn’t going to work for everyone. A family on a budget, say, might not be interested in a luxury car. So for its inaugural Confidence Awards, CarGurus selected the best vehicle in four specific categories that the company said “reflect the needs of today’s […] [Read More]