The Party Is Over for Falling Used Car Prices While consumers have benefited for the past year from falling used car prices, strong summer sales and fewer cars coming off-lease will put upward pressure on prices  With interest rates set to be lowered in September, many new car shoppers will have more flexibility and options in the coming months While consumer interest in electric vehicles continues to wane, one bright spot in the market is affordably-priced EVs

The Perfect Storm: How Car Dealerships Have Capitalized on Crisis Through Bait-and-Switch Pricing Through the COVID Era and Tariff Uncertainty A data-driven report on the $11.8 billion problem of bait-and-switch pricing at car dealerships, and how lingering COVID-era used car shortages and tariffs have only worsened its impact on consumers Data and analysis from leading AI car shopping app CoPilot Introduction: A $11.8 Billion Dollar Problem

The Seagull, the Dolphin, and Other Chinese EVs Throw Yet Another Wrench in Automakers’ Electrification Pushes September 2024 In the US, electric vehicle adoption is facing no shortage of challenges. The latest roadblock for domestic manufacturers – competition from Chinese automakers – is difficult to overcome because Chinese autos are striking at the heart of many people’s biggest hesitation with buying an EV: price point. With Chinese automakers like BYD selling models like the Seagull (priced at about $10,000) and the Dolphin (priced at about $14,000) for a fraction of the cost of new EVs in the U.

The Used Car Market Has Finally Reached Its Peak, as Prices Fall After Two Record-Breaking Years of Inflation Across most segments and brands, used car prices are starting their long road back to normal, with the biggest-ever monthly drop in price premiums. As dealers race to maintain strong sales in the face of slackening demand, consumers are starting to see used car prices trend closer to affordable levels.

There Are More New Car Deals To Be Had, But Used Cars Are Still the Better Bargain While new car prices have dropped by just 2% in the past year, used car prices have fallen by 7%, and most 1-3 year old cars are falling faster in price than their new counterparts Used electric vehicle inventory has grown significantly, bringing more affordable models into the market If you can wait, there will be more deals on new cars in the coming months as dealers will slash prices and offer incentives to move record-high inventory off their lots

Three-Quarter-Ton Truck 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.

Three-Quarter-Ton Truck 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.

Top 50 Highest Supply New Trucks & SUVs January 2024

Top 50 Most Popular Used Cars in Austin, TX May 2024 !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r=0;r

Top Selling Used Cars by Metro: Chicago Metro Area: Chicago-Naperville-Elgin, IL-IN-WI !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r=0;r