Valuation experts to discuss softening used values at PSFS 2023
Vehicle valuation experts from Black Book and National Powersports Auctions will discuss softening used-powersports vehicle values on Tuesday, Oct. 31, ...
Tag: used vehicle prices
Underwater trade-ins are costing new car buyers almost $6,000
After a brief respite from soaring auto debt, Americans are once again falling deeply underwater on their car loans. Used-car ...
Tesla EVs on track to depreciate 20%, outpacing ICE vehicles
Electric vehicles are depreciating at a faster rate than the overall used-vehicle market on the heels of Tesla-led price cuts ...
Cal Automotive lease return rate climbs to 20%
Cal Automotive’s lease return rate is climbing after plummeting last year due to elevated used-vehicle values, allowing the New Jersey-based ...
Used-vehicle inventory down 11% YoY
Used-vehicle inventory remained down year over year in May as used listing prices reached their highest level since January. The ...
Used-vehicle values continue sequential dip
Used-vehicle values continued their downward slide in May as used-car retail sales held steady sequentially but lagged last year’s levels. ...
Used-vehicle values post first sequential decline of 2023
Used-vehicle values posted their first sequential decline of the year in April as values continue to fall on a year-over-year ...
Under the Hood: Eroding auto finance dynamics
Used-car prices have shot up 33% in the past three years, but even looming price declines will likely do little ...
