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Buyers in the used, new, and remarketed vehicle segments should expect continued growth in used electric vehicle sales as availability increases and retail prices decrease.
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After closing out 2022 with the longest-running, sharpest decline over a single year, wholesale used vehicle prices have risen in 2023.
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Although prices are falling, they likely won't decline too much given the tighter inventory compared to 2021.
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Used vehicle prices are declining in this divergent market. Fleet sales making a comeback compared to last year.
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The new digital integration expands and simplifies access to used vehicles for buyers and sellers.
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The financial risks and setbacks are piling up for the online used car retailer that gobbled up ADESA auctions last year in a deal wracked with massive debt.
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After volatile highs and lows during the last three years, the market should hit equilibrium in the second half of 2023.
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A business-to-business cross-border automotive trading platform, Trade X's new Kenyan facilities include a shared bonded warehouse in Mombasa and an office in Nairobi.
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All eight major market segments again saw seasonally adjusted prices that were lower year over year last month, with compact cars showing the smallest decline.
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Rising interest rates are taking some potential buyers out of the market.
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