Seasonality exists in used car sales and due to COVID-related economic changes, but this trend is real. Used car sales follow a predictable time delay, peaking at 3-4 years after being sold new. This pattern exists in electric vehicles as well: Six months ago, the most common model year...
According to data from Black Book, there’s a slow but sure downward trend in retail car prices. Interestingly, by September, the retail prices of used cars had wiped out the gains made in 2023 beforehand, bringing them back to the same levels they were at the start of the year. Factors...
Statistics for the 2023 & 2024 South Africa Used Car market trends, created by Mordor Intelligence™ Industry Reports. South Africa Used Car trend report includes a market forecast to 2030 and historical overview. Get a sample of this industry trends analysis as a free report PDF download. ...
The increasing trend of online shopping for used cars in the United Kingdom can be attributed to several key factors. The convenience and accessibility offered by online platforms have revolutionized the car-buying experience. Consumers can now browse various used cars, compare prices, and gather de...
High interest rates and restrictive new car prices have put affordable sedans and SUVs in high demand. To get the most bang for your buck, buyers should be looking at used cars with great resale value. Take this trend and car list into account as you stock your dealership’s inventory ...
Q: Used car prices have been dropping for a few months. But there were huge increases during the pandemic. What’s going to happen?A: Over the last two years, on average, car prices have been coming down. I think that that trend is generally continuing. There are seasonal times around...
This muscle car rebel bucked the trend. Short, sweet, and focused purely on performance, the AMX was AMC's answer to the Corvette. Why are they rising in value? A unique personality in the muscle car world, plus limited production numbers, always boosts desirability. ...
The best time to buy a car is when you really need it, but if you're shopping for a deal, right now may be the ideal season to save the most on a used vehicle. Used car prices spiked during the pandemic, and while they've dropped this year (and become more predictable), it's ...
Usedcar pricesare starting to edge down after soaring for years after the pandemic hit, and while the trend is a much-welcomed relief for buyers, it is also causing trouble for some consumers who purchased their vehicles at higher prices. ...
Used car deals Finance this car with Drivenfi 6 Kia EV6 Strengths Impressive range Fast-charging capability Spacious inside Long warranty Weaknesses Firm ride Shallow boot Headroom not great Reliability mixed The Kia EV6 is a brilliant and bang-on-trend electric car with a long range and the...