Articles
What Happens When Residual Values Meet Real-World Markets
A truck's trade value isn't determined on turn-in day. Learn how market cycles, maintenance, and timing shape the gap between residuals and reality.
Read More →A truck's trade value isn't determined on turn-in day. Learn how market cycles, maintenance, and timing shape the gap between residuals and reality.
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The electric vehicle market looked like a grab bag of trends as industry pressures and market dynamics shift.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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The key metrics of the used vehicle market are either slightly down or barely up, but affordability remains a challenge.
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While the market digests the impact of tariffs, it could see slightly higher levels of wholesale depreciation over the summer.
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With the Court of Appeals temporarily restoring 25% Tariffs, costs, supply chains, and the policy landscape remain uncertain.
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April figures show an electric vehicle market facing several challenges that reflect broader economic trends.
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Moving electric vehicles through consignor and auction channels requires a better understanding of their unique attributes and potential.
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As the effects of the “spring bounce” and initial pull ahead from tariffs diminished, sales decreased in April.
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Auctions in April saw spikes in sales of 1–2-year-old vehicles, off-rental vehicles, and consumer trade-ins.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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