Used-Car Prices Fall for 1st Time Since Recession
After years of climbing higher, used-car prices have been heading down. This year, used-car prices declined about 4 percent on average compared with 2015, and the trend may continue for another year or two, industry watchers said.
“This is the first material decline we’ve seen since the recession,” said Jonathan Banks, an analyst at J.D. Power.
The company’s Used Car Guide looks at the prices of pre-owned cars up to 8 years old. This year, when it tracked the prices of 2008-16 model year cars, it found that prices had fallen in 14 out of 16 categories when compared with 2015, when the guide tracked the prices of 2007-15 model year cars.
Gain a Competitive Advantage
By Susan A. Lund, President of MR3
We are pleased to introduce a new series, Ignite Your Selling Potential, to help you, your team and your organization drive revenue and results FAST. Regardless of your role, everyone is selling or un-selling during every conversation.
If you can get everyone on the same road, driving for performance consistently delivering value to your customers during every interaction, you can dominate any market and any industry!
Here is what you can expect. Each month, you will receive a message from me to Ignite Your Selling Potential!
You may be asking, What’s in it for me???
Apple Sued For Not Adding Safety Fix to Prevent Use of FaceTime While Driving
A couple whose five-year-old daughter was killed after a distracted driver drove into their car is suing Apple for failing to introduce an iPhone safety feature it patented in 2014 to discourage people from using FaceTime while driving.
The lawsuit, filed in Santa Clara superior county court, relates to an incident that took place on Christmas Eve 2014, when a driver allegedly using the FaceTime video chat application on his iPhone 6 Plus drove into the car of Bethany and James Modisette.
Register Now For The First Of TWO Great January Webinars, “Application of Advanced Technologies on Risk Management/Crash Reduction,” Wednesday, January 11, 2017!
This webinar will be presented by Michael Backman, General Manager for Mobileye.
Through the use of artificial intelligence, Collision Avoidance Systems (CAS) and Advanced Driver Assistance Systems (ADAS) are ushering in a transformation in road safety. The technology is able to detect lane markings, vehicles, pedestrians, and cyclists. In doing so, the systems can perform detailed interpretations of the visual field in order to anticipate possible collisions.
The technology is revolutionizing road safety as regulatory authorities around the world are increasingly mandating the technology for vehicle makers for all of its life-preserving qualities.
Understand Customer Experience, or Get Gone
Expectations of customer experience and user experience are rising all the time. That’s true for consumers of every age, but it’s especially true for people under 35.
