As the gap between new and used car prices widens, coupled with high-interest rates, buyers face a reality check.
Good morning! It’s Tuesday, November 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
A new report finds that buyers in the market for a new car are so discouraged by rising transaction prices that they're ...
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 ...
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 ...
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 average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, ...
A new study shows that the price gap between new and used cars has hit a record high, New vehicles are now on average $20,000 ...
For used cars, the average listing price is now $25,361, according to the latest report from Cox Automotive, a giant jump ...
The difference between the price of a new car during the third quarter and that of a used car is enough money to … well … buy ...
You may have seen the headlines in this publication and elsewhere: Used electric-vehicle prices are tanking. Perhaps you’ve ...