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To calculate 5-year depreciation rates, iSeeCars examined more than 1.1 million vehicles to determine which cars hold their value better.

Discover the best and worst vehicles that hold their value

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In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical...
consumer finances Zabritski

The evolution of auto consumer finances in the wake of economic...

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With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer...
Jonathan Smoke 2023 car market

What January’s success can tell us about the 2023 car market...

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As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for...
used car market Monthly wholesale & SAAR prices decline in first half of October.

What changes can dealers expect to see in the used car...

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A crystal ball look into the 2023 used car market will be cloudy as this part of the industry responds to more stable new...
used vehicle prices

Manheim reports used vehicle prices and sales rose in January

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According to the Manheim Used Vehicle Value Index, wholesale used vehicle prices rose 2.5% between the ends of December and January. During the same...
imaging technology

Bringing imaging technology to the used vehicle market — Grace Huang...

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Not only can innovations like imaging technology speed up processes in the used vehicle market, but they can also improve workplace safety and make...
used-vehicle

Manheim forecasts used vehicle market will perform better in 2023

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Cox Automotive has published a surprisingly positive forecast for 2023's used-vehicle market, predicting slightly better sales and a market normalization. The data used for its...
CarMax

CarMax joins Carvana in 2022 used vehicle woes as profits fall...

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CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit...
2023

New Edmunds report forecasts modestly improved new vehicle market in 2023

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Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
used vehicles

Selling off-brand used vehicles? Tips to retain those buyers

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The ongoing new vehicle shortage has many dealerships stocking any used vehicles they can get their hands on. Selling off-brand vehicles is not new,...