The Automotive Market Sees a Shift as Stellantis Brands Cut Prices While Toyota and Honda Face Strong Demand CHICAGO (Oct. 21, 2024) — Cars.com Inc. (NYSE: CARS) (d/b/a “Cars Commerce.”), an ...
The automotive industry hit an important milestone in 2024, with new-car sales finally back to pre-pandemic levels. However, used-car inventory is nowhere near back to normal yet, and not even an ...
Used car inventory improved slightly last month, and while used car price didn’t rise in April 2024, rising interest rates pushed the average monthly payment slightly higher in April. Recent data from ...
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Used Car Sales Are At Their Strongest Since 2021
Used vehicle inventory levels are a solid indicator of where the used auto market is heading. At its most basic level, less supply is an indicator of an increase in demand. Cox Automotive data shows ...
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
Almost half of used-car shoppers say the oldest vehicle they would consider is in the 3- to 5-year-old range, according to the May Industry Insights Report from Cars Commerce. And the good news for ...
A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...
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