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Sales pace slows, but CPO remains important ‘middle ground’ amid affordability challenges
In Catalyst IQ’s State of the Industry report for the second quarter, a subsection titled “Actionable Guidance for Automotive Retail” lists the following used-car implications for automakers. “A healthy used market supports long-term brand value by strengthening residual values and lease economics. Monitoring and supporting used supply will remain essential when planning production levels, incentive […]
Market shifts to used vehicles as ‘affordable alternative,’ with strongest days-to-sell in nearly 3 years
Record new-car prices, says Catalyst IQ, have led to greater consumer emphasis on “affordability, fuel-efficiency and value.” And that includes stronger demand for used cars, which hit their quickest turn times in nearly three years, the automotive analytics and marketing company said in its Q2 2026 State of the Industry Report. Offering some overall commentary […]
Used EV price increase continues to accelerate
The latest data on electric vehicles may come as a shock. Against conventional used-car wisdom, prices for pre-owned EVs are appreciating, thanks in part to a spark in demand, which is now close to par with supply, according to Recurrent. “Used cars don’t normally appreciate in value,” Recurrent head of growth & research Andrew Garberson […]