US News & World Report has expanded its relationship with TrueCar by incorporating ClearBook, TrueCar’s full-featured used car valuation tool, in various places on the U.S. News Best Cars website. TrueCar will be the exclusive provider of trade-in value and used car estimated market value data and pricing to 30 million annual visitors.
Used vehicle prices have reached their peak for 2013 and should stabilize lower than they did in 2011 and 2012. Analysts predict that they will be higher than they were before the recession. Strong demand for full-sized pickups will lift prices in that used vehicle segment. Used pickups less than nine years old did especially […]
Jonathan Banks Executive Automotive Analyst NADA Used Car Guide While used vehicle prices were up 1.2% in March, they took a big drop in April – down 1.7% from the previous month and much more than April 2012’s 0.5% decline. April saw the largest drop since November 2012’s loss of 1.5%. Click here to read […]
Eric Lyman Director of Residual Value Solutions ALG Beginning in the May/June edition of ALG’s Industry Report, industry level supply has been added as a driver in addition to segment level supply. At the industry level, supply is increasing significantly, leading to a 0.5 percentage point drop in residual values. Click here to read ALG’s […]