Jonathan Banks Executive Automotive Analyst NADA Used Car Guide Used market fundamentals remain favorable; Shift in preference toward new vehicle market mildly detrimental to used vehicle prices, but other positive factors — in addition to tight supply — will help support used prices and minimize value losses associated w/ emerging new vehicle preference. Click here […]
Art Spinella President CNW Research More than 3.49M used vehicles are likely to be sold in October, representing an 8.1% increase vs. same month year ago; Franchised dealers taking in boat-load of trade-ins and are on track to near-12% increase in used sales, pushing their year-to-date increase to 5%. Click here to read the October […]
Comparing plug-in electric vehicles and alternative-fuel vehicles mile per mile against traditional internal combustion engine vehicles isn’t making a lot of sense right now. While the prices are much higher than for high-mileage ICEs, there are attractive finance packages, federal tax credits, and a few state and local rebates that make them much more appealing […]