Surging Demand Drives Used Car Prices Up For First Time In Seven Months, Delaying the Market’s Return to Normal Price increases are led by 1-3 year old cars, which are once again priced more than $10,000 above projected normal levels Early March confirms a price rebound across segments, brands, and fuel types, based on strong sales, falling inventory, and high wholesale prices paid by dealers Expect prices to rise during March and into April due to tax refunds and consumer confidence that is defying Fed attempts to quell inflation; then depreciation to resume later in the year

SUV Model Days Supply – Highest & Lowest September 2023

SUV Value Retention: Best & Worst Brands Updated: September 2023 The tables below show the difference between a 5-year-old car brand’s original average MSRP and current average used listing prices. This highlights how well the original value was retained over a period of 5 years for each brand.

SUV Value Retention: Best & Worst Models Updated: September 2023 The tables below show the difference between a 5-year-old car’s original average MSRP and current average used listing prices. This highlights how much of a vehicle’s original value was retained over a period of 5 years.

Tariffs Create Cloud of Uncertainty Over Spring Car Buying Season While car prices across most sectors are stabilizing, tariffs could cause significant price increases for brands like Ford, Toyota, and Chrysler with models imported directly from Canada and Mexico With question marks remaining around the government’s EV tax credit, hybrid demand is picking up, with inventory down 10% year-over-year Chicago, IL – Tuesday, February 11, 2025 – While car prices overall are leveling off, the prospect of tariffs – now set to go into effect on March 1 for imports from Canada and Mexico – has muddied the forecast for the upcoming spring car buying season.

Terms of Use Introduction and Acceptance Welcome to copilotsearch.com. CoPilot, LLC (“CoPilot”, “we”, “us” and “our”) offers you access to its interactive online websites, applications and services. These Terms of Use, together with our http://www.copilotsearch.com/privacy and any additional terms which might apply to certain products or services, govern your use of our websites (“Website”) or any mobile or other applications that we now or in the future may offer (“Applications”).

Tesla Cybertruck: Viral Buzz and Backlash October 2024 With its angular and armored appearance, Tesla’s Cybertruck had a highly-publicized debut as the futuristic truck designed to revolutionize the auto market. There was no shortage of buyers or hype surrounding its release, with Tesla Chief Executive Elon Musk at one point stating that more than one million people held reservations ahead of the vehicle’s official release. Despite a rocky launch, with manufacturing challenges, recalls, and delays, Tesla has so far delivered more than 11,000 trucks to eager customers.

The Car Market Is Fundamentally Broken At the four-year anniversary of the start of COVID-19, new and used car prices remain structurally inflated and will not return to pre-pandemic norms However, some relief is coming for consumers: Prices will start to ease somewhat in the coming months, presenting the biggest buying opportunity in years Chicago, IL – March 12, 2024 – While the COVID-era inflation of many goods and services has started to return to normal levels, the car market presents a stark contrast: Prices will never return to pre-pandemic levels.

The Great Leasing v. Buying Debate: EV Edition September 2024 The decision about whether to lease a car versus buy is a classic conundrum for car buyers. Recently, it’s a discussion that’s been heating up in the EV space, particularly on social media – and due to a loophole in the federal EV tax credit, the answer may be surprising. Traditionally, the advice to consumers on this debate has been, when you’re able, to buy a car, rather than lease.

The Most Popular Cars of 2023 December 2023