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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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The tightening of days' supply for new and used electric vehicle markets shows healthy consumer interest.
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Cox Automotive is forecasting retail used vehicle sales in 2025 to reach 20.1 million, an increase of about 1.2% compared to 2024.
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The integratIon will bring Carvana’s inspection and reconditioning center functions to the ADESA Indianapolis auction site, while maintaining digital and in-lane auction operations.
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Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
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The Manheim index is at its highest point since October 2023, after the market saw stronger-than-usual gains in non-seasonally adjusted values.
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The national auction services provider buys Car-Tech Auto Auction as part of it expands its network for car buyers and sellers.
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CAR 2025: Remarketing businesses that figure out their EV strategies now gain the most market share in coming years.
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Commercial and government fleets sales start the year with losses while rental fleet purchases show a healthy rise.
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CAR 2025: The ARA will bring its open industry forums to the Conference of Automotive Remarketing next month, where attendees can learn more about and contribute to industry developments.
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Analysis/Commentary: Billions have already been deployed toward EV manufacturing, and the industry cannot walk away from it, but we need to find a way to do this profitably.
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