With a 25% tariff on imported autos in place, much of the focus has been on its effect on vehicle prices. But the supply of vehicle inventory, already an issue in the used-car sector, looms as a factor in both the short and long term. In 2024, used supply sank 8% year-over-year to end the year 28% below pre-pandemic levels, and in its original 2025 forecast, Cox Automotive projected that trend to continue as the impact of COVID-induced slowdowns in new-vehicle sales and production ripples through the used-car market. And that was before tariffs became a thing ... [Read More]

Used cars are a hot item these days — even as their prices skyrocket. The latest data from CARFAX shows a surge in both used-car sales and prices that far outpaces typical seasonal patterns. The provider of vehicle history reports said the rate of increase in both areas so far this spring is twice that […] [Read More]

ZeroSum has to admit it doesn’t have all the answers. But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. In its latest “State of the Dealer” report, ZeroSum said March used-vehicle sales soared to the highest level in its seven years of tracking that […] [Read More]

The Trump administration’s 25% tariff on vehicles imported to the U.S. – a policy that became effective Thursday – won't just make already expensive new vehicles out of reach for many Americans, analysts say. Used cars are likely to become pricier, too, and may run in shorter supply towards the end of the decade. By July, there could be ... [Read More]

With vehicle affordability already an issue and tariffs on the way, car shoppers are certainly on the lookout for value. Cars.com’s answer to that call is its 2025 Affordability Report: Best Value New Cars, a guide designed to help consumers get the most for their money in a changing market by identifying the new vehicles […] [Read More]

While dealership buy-sell transactions were down for the third year in a row, the market had one of its most active years ever in 2024, according to the latest data from Haig Partners. The buy-sell advisory firm’s Q4 2024 Haig Report also found dealership profits remained elevated, while blue sky values dipped but still topped […] [Read More]

Like an accent or dialect, the used-car market can vary depending on where you (or y’all or yinz) are in the U.S. And CARFAX is accounting for this patchwork of market dialects, so to speak, by adding in regional breakdowns to its monthly index of retail used-car prices. The CARFAX Used Car Index now includes […] [Read More]