Xantias in Demand; Used CarsByline: ALAN ANDERSON CITROEN is enjoying a sales boom in Britain, with demand up 61 per...By AndersonAlan
Incheon, South Korea’s largest port for second-hand vehicle exports, has reported a surge in outgoing containerised used cars due to demand from Russia. In the first nine months of the year, containerised exports of used cars climbed six-fold, to 290,279 units and, including those moved...
Edmunds transaction data showed that 17% of new vehicles sold in March were under $30,000 compared to 44% five years ago. Meanwhile, consumer demand for larger vehicles with more features and technology drove sales higher for cars that cost upward of $60,000. The sale of these cars rose ...
Factors such as a rise in income levels, increasing demand for luxury cars, shorter car ownership periods, booming import-export, and a growing preference for two-wheeler owners to upgrade to small and compact cars drive the growth of the market. However, a lack of financing or expensi...
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Edmunds transaction data showed that 17% of new vehicles sold in March were under $30,000 compared to 44% five years ago. Meanwhile, consumer demand for larger vehicles with more features and technology drove sales higher for cars that cost upward of $60,000. The sale of these cars rose ...
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"The costs of goods in all services have gone up, so that's kind of maintained or even increased the values of these new cars," Oster said. Industry professionals say, for certain consumers, now may be a good time to buy a certified pre-owned vehicle. Or in other case...
Meanwhile, consumer demand for larger vehicles with more features and technology drove sales higher for cars that cost upward of $60,000. The sale of these cars rose to 17% in March compared to 6% five years ago. New car prices skyrocketed by 33% over the last five years and the ...
In the fourth quarter of 2023, about 288.5 million vehicles were in operation in the United States, an increase of under one percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices ...