Finding Best Used Cars for Teen Drivers

Experts at CarInsurance.com recently compiled a list of 14 used cars that should be ideal for teen drivers, even though they’re not so interested in owning one. This may be of interest if you market to parents of teenagers about what used car might work best for them.

The list is based on 2009 model year cars valued at $15,000 or less by Edmunds.com; have EPA mileage ratings of 20 mpg or more in combined city/highway driving; do well on annual repair visits; and received the Top Safety Pick designation from Insurance Institute for Highway Safety for gaining top marks in crash tests.

Late Model Used Cars Not Doing So Well

Late model used cars have not been doing well, according to a Cars.com blog. Their prices fell steeply in June. For used cars listed on Cars.com the average prices of 2010 to 2012 model used cars fell to $22,188, or $320 less than in May. That brings in down to lowest level this year, and the preceding month had already seen the low for the year.

The Ram 2500 actually saw the largest dollar-amount decrease at $1,451. The Audi A6 luxury sedan, Toyota Camry Hybrid sedan and Ford E-250 Super Duty full-size van all saw a 4% price decrease.

NAAA’s View on Auction Trends and Economic Conditions

Dr. Ira Silver NAAA Economist National Auto Auction Association Auction sales volume was flat in the first quarter of 2013, but has been increasing in recent months and is up 3.1% year-to-date. Auction prices have been down for the past three months and have decreased 3.2% so far in 2013. Retail used vehicle sales are […]

Casual Private Party Sales Growing, Spinella Says

Art Spinella President CNW Research Casual, private party sales is taking second place behind Franchised dealers and ahead of Independents for June. Its running 22% higher than year ago, and has sold about 6.5M units so far this year, up 8.8% from 1st half of 2012. June is seeing used car sales reach about 4.42 […]