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Pricing is unlikely to jump in relation to affected models. Instead, the pain will likely be spread across OEM portfolios — and the entire industry.
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The used car market remains strong. But with off-lease EVs hitting the market, used car prices adjusting, and policy shifts on the horizon, industry players need a new strategy.
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Ford’s F-Series trucks and Transit vans take center stage in the 2025 Vincentric CPO Awards, securing top accolades for their exceptional value and low ownership costs.
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The average transaction price for new EVs has slightly decreased and used EV prices are nearing parity with those of traditional vehicles.
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The used-vehicle market faces a challenging year ahead as demand weakens and supply of nearly new vehicles is particularly constrained.
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Year to date, the total used market is on pace to finish the year down more than 12% recorded in 2021.
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The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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The drawn-out vehicle shortage is producing a domino effect of issues for many fleet segments, says Cox Automotive’s Jonathan Smoke, but a potential recession may have a silver lining — if we even have one at all.
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The pace of change in the used car market only seems to accelerate. How can fleets adjust?
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Learn how higher fuel costs impact different aspects of the fleet industry in this deep dive video with Mike Antich.
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