Retail used-car prices likely to continue easing - Auto Remarketing

Jul 31, 2023 · SUV prices are down 5.4% from July 2022, cars fell 2.7% and luxury SUV prices are off 6.0%. Luxury car prices are down 10.9% year-over-year, vans fell 5.7% and hybrids/EVs have shown the largest ...

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Retail Used-car Prices Likely To Continue Easing - Auto Remarketing

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Outlook On Used-car Retail Conditions | Auto Remarketing

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Apr 27, 2023 · ZeroSum said used-car prices ($30,801) have climbed 0.69% since the beginning of March, which is the first increase in more than a year. However, used prices have fallen …

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Higher Prices, Interest Rates Slow Used Car Sales

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Sep 16, 2022 · Retail used-vehicle sales — the volume of vehicles sold via a dealership, thus removing private party sales — are estimated to be down 11.4% from August 2021. The used …

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March Used Vehicle Values Up, Softening Ahead? - Remarketing ...

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Apr 10, 2023 · Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.5% in March from February but are down 2.4% from March 2022. ... So, April will …

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Used-car Sales Climb About 11% & Move At Faster Clip

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Apr 17, 2024 · The year began with used-car sales by dealers falling 6.4% year-over-year and climbing 1.3% month-over-month in January, according to the Cox data. In February, used …

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North Bergen Njtransit Park And Ride. : R/newjersey - Reddit

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North Bergen is a gated park and ride, $10 includes parking for one car (max 24 hrs) and one round trip ticket to/from NYC (perforated down the middle). There is a discounted combo …

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FAQs about Retail used-car prices likely to continue easing - Auto Remarketing Coupon?

Are used cars falling more quickly than retail?

When looking at the American market as a whole, wholesale prices of used cars are declining more rapidly than retail. Last November week, the average drop in the car and truck segments was 1.49%, with cars specifically decreasing by 1.82%, marking a more significant decline than the previous week. ...

What is the relationship between New and used car markets?

The interaction between new and used car markets influences the transition of cars from new to pre-owned and the comparison of sales trends. Grasping this relationship can offer insights into market dynamics and possible opportunities for buyers and sellers in the used car market. ...

Are used car prices going down?

The used vehicle market is expected to experience a slow and gradual recovery as wholesale price declines occur. This trend underscores the importance for buyers and sellers to stay updated and be aware of market dynamics to make sound decisions. According to data from Black Book, there’s a slow but sure downward trend in retail car prices. ...

Do used vehicle prices change with wholesale prices?

Historically, retail prices for consumers tend to follow changes in wholesale prices. The used vehicle market is expected to experience a slow and gradual recovery as wholesale price declines occur. This trend underscores the importance for buyers and sellers to stay updated and be aware of market dynamics to make sound decisions. ...

Why do used cars increase in value?

Price trends for aging vehicles show a steady increase in value, particularly for those with an average price under $20,000. This increase in value can be attributed to factors such as affordability, reliability, and a growing demand from budget-conscious consumers in the market for used cars. ...

How do economic and industry trends affect the used car market?

Economic and industry insights reveal a growing used car market, with a focus on dealer strategies and the impact of labor costs and supply chain issues. Keeping updated on the economic climate and industry trends can aid buyers and sellers in making improved decisions in the used car market. ...