Jumpstart Tracks Regional Online Shopping Habits
Jumpstart Automotive Group released its study of online shopping habits of about 19 million unique users across 14 automotive websites from January to June in conjunction with regional indicators. People living in the Northwest saw the highest concentration of hybrid car shoppers of any US region, and those who shop for compact cars are predominantly […]
Canadian Prices Down in September, According to ADESA and RVI Data
Canadian wholesale prices were sluggish in September, based on market data from ADESA Canada and RVI Group used-car value indices. ADESA Canada saw its index fall “substantially” on a month-over-month basis and seasonally adjusted with the decline seen at 1.3%. The one segment that saw an increase for that month was compact SUVs, which increased […]
Gap Widened Between Used and New, but New Taking Lead
Earlier this year, car shoppers were seeing that 2011 model-year used vehicles were only four percentage points more affordable than new vehicles, according to Blue Book Market Report. That’s been changing since May, with used vehicle values seeing a larger decline rate than new vehicles. At first, the gap appeared wide, with 12 percentage points […]
TrueCar Looks at October 2012 New Vehicle Sales Trends
Jesse Toprak VP of Market Intelligence TrueCar.com The top 2012 brands with biggest discounts In October are Lincoln, Ram, Chrysler, Ford, and Acura; Overall industry discount is 6.6%; 2012 BMW 7 Series Hybrid has largest total incentives with $7,500 in dealer cash; Subaru led overall performance measures for 4th straight month. Click here to read […]
Traditional Seasonal Patterns Expected in Next Few Months by KBB
Alec Gutierrez Senior Market Analyst of Automotive Insights Kelley Blue Book Used-car values declined 1% in September, mildest decline in more than 3 months; Values should continue to drop at auction through year-end in traditional seasonal patterns; Expect a bump in supply early in 2013 when jump in off-lease volume returns to market. Click here […]
