The car shortage is officially over. Supplies of new cars are at a four-year high, which is also boosting used car supply, data show. Unfortunately, that doesn’t necessarily mean lower prices, experts ...
The automotive industry hit an important milestone in 2024, with new-car sales finally back to pre-pandemic levels. However, used-car inventory is nowhere near back to normal yet, and not even an ...
Supply is falling. Demand is rising. Anyone with a basic understanding of economics knows what that means. And as the law of supply and demand decrees, used car prices are beginning to rise, according ...
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
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Posner added that it’s also important to remember that dealers are especially motivated to make deals at the end of the month ...
A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...
Online shopping for used vehicles took off at the height of the Covid-19 pandemic, with dealers quickly establishing online platforms to meet consumer demand. Increasingly, consumers are completing ...
Finding the best place to buy a used car can seem overwhelming. Knowing the pros and cons of each can help. Many, or all, of the products featured on this page are from our advertising partners who ...
Car dealership sentiment fell in Q4, with rising car prices, growing new-car inventory, and falling used-car inventory marking a difficult end of the year.
Chase Bierenkoven is a gearhead and writer based in Denver, Colorado. As the family lore goes, Chase's first word was "truck." Cars have been a problem ever since. By 16, Chase was spending his ...
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