As the gap between new and used car prices widens, coupled with high-interest rates, buyers face a reality check.
A new report finds that buyers in the market for a new car are so discouraged by rising transaction prices that they're ...
The average price of a used car is still over $27,000, according to Edmunds — which is daunting to those used to pre-pandemic ...
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used ...
Good morning! It’s Tuesday, November 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
While it’s tempting to blame rapid EV depreciation on a cooled EV market in general, rapidly advancing EV tech means even ...
The gap between the new and used auto markets is wider than ever, new data from Edmunds shows. The car shopping guide's latest analysis released this week found the average price difference between ...
The average new car price jumped to $48,205 in 2024, that’s up 21 percent from the pre-pandemic years, according to data ...
The used car market showed some positivity in October with retail prices increasing 1% month-on-month, despite the average ...
You may have seen the headlines in this publication and elsewhere: Used electric-vehicle prices are tanking. Perhaps you’ve ...
Hybrids and EVs have taken their highest ever used car market share, with Motors reporting that the models accounted for 14% ...