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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The financial risks and setbacks are piling up for the online used car retailer that gobbled up ADESA auctions last year in a deal wracked with massive debt.
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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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Attendees to the Conference of Automotive Remarketing should get ready to fly some sorties on inspirational territory with this real-life Top Gun performer.
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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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After fleet sales ran far below historical averages for the last three years, increases in 2023 won't be close to levels before 2020.
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