News/Media Release
Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
The new digital integration expands and simplifies access to used vehicles for buyers and sellers.
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The ability to take more precise photos of vehicle undercarriages improves the clarity in buying vehicles online.
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The partnership with Montway Auto Transport will provide car dealers with easy, self-service transportation ordering directly on the platform.
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The used-vehicle market faces a challenging year ahead as demand weakens and supply of nearly new vehicles is particularly constrained.
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While this is the EV decade, the market is a long way from becoming one centered on electric vehicles.
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As the supply of new vehicles improves rapidly, demand and prices for used ones are declining.
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Average transaction prices (ATP) have been above the average manufacturer’s suggested retail price (MSRP) for more than a year.
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After volatile highs and lows during the last three years, the market should hit equilibrium in the second half of 2023.
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A lower than normal sales conversion rate indicated December saw buyers with more bargaining power than typically seen for this time of year.
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A data partnership between vAuto and Ready Logistics equips dealers to further evaluate a vehicle’s market potential by considering transport costs and time.
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