Analysis
Most popular used cars in 5 major cities
Monday, Jan. 9, 2017, 02:27 PM
Joe Overby, Senior Editor
CarGurus combed through analysis of 900 million used-car searches on the car-shopping website from 2016 and found that Chevrolet, Ford and Toyota, respectively, were the most sought-after brands nationally. But the site also delved into the used-car search patterns of five major U.S. metropolitan areas to see which brands were resonating the most. In its first-ever […] [Read More]
10 used-car models, brands getting most searches
Monday, Jan. 9, 2017, 12:00 PM
Joe Overby, Senior Editor
After analyzing the 900 million used-car searches on its website in 2016, CarGurus found that when it comes to sought-after used vehicles, Ford and Chevrolet lead the way. The Big 3 rivals took five of the top six spots on the car-shopping website’s list of 10 most-searched used cars in 2016, according to the company's […] [Read More]
Solve this riddle: ‘Where do I point monthly marketing spend?’
Friday, Jan. 6, 2017, 07:01 PM
Joe Overby, Senior Editor
A shopper walks into a dealership and begins talking with a salesperson. The dealership employee asks how the shopper heard of the store, and he or she jots down some notes. Though that may help break the ice with the shopper, it’s not exactly a scientific approach to figuring out where their traffic comes from. […] [Read More]
In loyal CPO market, these brands get repeat business
Friday, Jan. 6, 2017, 02:19 PM
Joe Overby, Senior Editor
Buyers of certified pre-owned cars are fairly loyal customers, but some brands are off the charts when it comes to repeat business. That's according to a recent automotive loyalty study from Experian. To determine which consumers were most loyal, Experian analyzed close to 12.6 million return-to-market events involving owners of new, certified pre-owned and non-CPO […] [Read More]
2 trends to watch: Off-lease volume & rental sales
Wednesday, Jan. 4, 2017, 09:56 PM
Joe Overby, Senior Editor
Beyond a slew of uncertainties at play, another reason analysts are “hedging our bets” when forecasting the 2017 new-car market and opting instead for a range: off-lease volume, says Autotrader senior analyst Michelle Krebs. According to forecasts from Cox Automotive chief economist Tom Webb, off-lease volume could reach 3.6 million units in 2017 and then approach 4 […] [Read More]
COMMENTARY: Cheers to celebrating a year of firsts
Tuesday, Jan. 3, 2017, 04:30 PM
Joe Overby, Senior Editor
I’ve been in this journalism racket for 11 years now, nine of which has been spent covering the auto industry. But I’m not sure I have seen a year quite like this past one. There is a certain routine to my job (and for most any journalist in the car business): sales/earnings calls happen every […] [Read More]
More evidence of rising truck prices
Friday, Dec. 16, 2016, 08:27 PM
Joe Overby, Senior Editor
Spurred by spiking demand, used pickup truck prices have risen far more rapidly than what the overall industry is experiencing, says CarGurus. The price of a used pickup truck has climbed 22 percent since January 2013, according to the car-shopping site. The 1-percent hike in the overall CarGurus Used Car Price index in the same […] [Read More]
Truck segment impact on new-car, wholesale pricing
Thursday, Dec. 15, 2016, 09:26 PM
Joe Overby, Senior Editor
New-vehicle transaction prices are expected to reach a record level this year and only go higher in 2017, says Edmunds.com. And the trends driving this pricing peak are likely to have some impact for older vehicles. In analysis released Thursday, Edmunds said the transaction price on a new-car will hit $34,077 for the year. This […] [Read More]
Family rides among top cars owners keep 10-plus years
Thursday, Dec. 15, 2016, 11:00 AM
Joe Overby, Senior Editor
The fact that the top 10 list of vehicles owners keep for at least 10 years is made up entirely of models from Japanese automakers — many of which of known for strong reliability — doesn’t necessarily surprise Phong Ly. No, the surprise to the iSeeCars.com chief executive: nine of the top 10 are either […] [Read More]
Brands with fewest check-engine hassles
Wednesday, Dec. 14, 2016, 04:40 PM
Auto Remarketing Staff
Toyota and Hyundai top CarMD.com’s annual ranking of vehicles causing the fewest check-engine headaches. The CarMD Vehicle Health Index names the 1996 to 2016 model-year makes and models with the lowest frequency of check engine light problems and average cost of repairs. CarMD names Toyota the brand least likely to need check engine repairs in its […] [Read More]