The state of used car prices: why are certain car brands so high?
Used car prices have been high since the early days of the COVID-19 pandemic. The global health crisis and supply chain problems caused a shortage of new cars, which led...
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
used car market
Q&A with ACV’s Randy Barone: How to perfect your dealership’s wholesale strategy
In today's dynamic wholesale market, dealers are challenged with navigating historically high used car prices and fluctuating inventory within a digital environment. To stay competitive, dealers must prioritize effective inventory...
Used EV prices fell in January in response to $4,000 tax credit
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden Administration's Inflation Reduction Act.
In comparison to...
Sonic Automotive posts record breaking Q4 results for 2022
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit.
In Q4, the North Carolina dealer group earned $3.59 billion in revenue...
Federal Reserve slightly raises interest rates, but warns of further increases
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5% to 4.75%.
The announcement marks the eighth...
Used car prices are dropping—Is it enough to bring in buyers?
There is no doubt that the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this includes the used car market. Volatile...
Carvana seeking financial advice to manage billions in debt
Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt.
In 2020 the retail company witnessed a record breaking year thanks to a surge...
How car dealers can help their salespeople find and sell more used cars — Jennifer Suzuki
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today’s show, we’re joined by Jennifer Suzuki, President of eDealer Solutions, acclaimed sales trainer, and NADA Dealer Academy...
What trends should car dealers keep an eye on over the next 6 months?
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today's show, we're pleased to welcome back Jonathan Banks, Vice President and General Manager for Vehicle Valuations at...
Back to Basics: How to keep your used car inventory lean and clean
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
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