Experts say used-car wholesale prices will remain firm and are actually rising faster than retail prices. With fewer new-car sales, there are fewer trade-ins, resulting in a tight supply of quality used vehicles. Also keeping the margins down is tight credit.
Ford intends to keep the 70% market share it commands when it replaces the Crown Victoria with a Taurus platform Police Interceptor and Explorer platform SUV. Both will be pursuit rated and heavily customized for law enforcement needs.
Ford made design changes to reduce the cost of repairing its light vehicles after a crash. Nearly 80% of Ford, Mercury, and Lincoln vehicles matched or beat the industry average in vehicle repair. Ford was far better than Toyota, Lexus and Scion in second place with about 40% of vehicles below the average cost.
New laws prohibiting texting while driving are largely unenforceable and only deal with a small part of the distracted driving problem. Voice-controlled gadget use may be a valid solution, but nothing short of sensors to require both hands remain on the wheel will eliminate all distractions including eating, smoking and grooming.
Retail prices for a certified-used Ford F-150 jumped 35.7% over last year, reports AutoTrader.com. Ford Fusion is also up more than 31% and is climbing fast in number of views on the website. AutoTrader reports eight other certified models posted double-digit increases as consumer attention grows.