After weeks of decline, used car sales are back up as states reopen and dealerships are welcoming back buyers. As a result, car inventory will flood the market, which will impact car prices in the consumer’s favor. CoPilot is predicting pre-owned car prices will fully drop starting in mid-July and going through September. The North East region, car prices have already dropped 3% since March 1st, but we do not recommend buying now.

The impact of the COVID-19 economic shutdown on the used car industry is only beginning to be felt. While used car prices in West Coast states have dropped by 3.6% since March 1, CoPilot is predicting an additional 7.7% drop in car prices nationally. We’ve analyzed our proprietary database of over 6 million used car listings to predict how much car prices will fall this summer, and when the best times to buy will be.

The economic shutdown due to COVID-19 this summer has resulted in a turbulent year for used car markets, with average listing prices of 2016-2018 models decreasing by 3.5% since March 1, 2020. However, prices aren’t done dropping yet, and are expected to hit the lowest levels since the 2008 recession by the end of the summer. CoPilot has analyzed their proprietary database of over 6 million car listings from more than 55,000 dealerships to identify which used cars will have the biggest price drops.

It’s time to buy a used car, so where are you going to go? Obviously, you’re going to head to a used car dealership. But which one? Does it matter? It absolutely matters. Car dealerships are like any other business. They’re independently owned and operated, and they’re not a one-size-fits-all solution to your car buying needs. That’s why you need to do some dealership homework before you do business with them.

You’ve undoubtedly heard of a vehicle factory recall. It’s the process by which vehicles are called back into the manufacturer to fix some glaring mistakes. The thing about recalls is that you might have one or more on your vehicle and never even know it. It’s crucial to continually check out what’s going on with the make, model, and year of your car. You could be driving around with multiple severe safety hazards, and it’s always better to be safe than sorry.

The age of the electric car is on the horizon. Everybody says it. But that horizon doesn’t seem to be flying towards us. While there are more electric cars on the road now than ever before, it’s a far cry from being the dominating force we’ve been told to expect. So what’s the hold-up? Why do we continue to pour money and time into fossil fuel engines that burn up oil and contribute to environmental issues?

It can be expensive to diagnose and fix your car, but there’s no need to visit an auto mechanic every time you notice a few slight changes. With a little bit of practice, there are many simple DIY car repairs that any novice or beginner can do. In this guide, we’ll show you six essential car repairs you can do yourself that will help fix common problems and keep your car safe and in good condition.

Dealing with insurance companies is never fun. There’s frequently a lot of red tape that must be navigated in order to receive a payout, and sometimes you get back less money than what the car is actually worth. That’s where gap insurance comes into play. If you total your car and owe more money on the car than your insurance company pays out, gap insurance will cover the difference.

Buying a car can be intimidating. What makes it even worse is the stigma that surrounds the car-buying process. We all the stereotype: a greasy-haired salesperson trying to sell you a beaten-down old lemon like it’s the most magnificent vehicle to ever take to the road. Of course, not all car salespeople are con artists. But the stereotype is based on some truth. There are car dealerships out there that are less than reputable, and some dealers will try to take advantage of buyers.

The biggest concern on everyone’s mind when purchasing a used car is reliability - you want to be sure that the car you’re purchasing has been well-cared for and free of mechanical issues. The best way to know a used car’s history is a maintenance & damage history report. History reports like CarFax can tell you a lot about a car, including previous accidents, maintenance history, info about previous owners, and more.