Used electric vehicles are breaking sales records seemingly every week in both the retail and wholesale sectors. So it’s no surprise that two more fell in the second quarter of 2025. During its Q2 Manheim Used Vehicle Value Index call this week, Cox Automotive noted retail sales of used EVs for the quarter surpassed 100,000 […] [Read More]

Car shoppers expect dealers to provide a seamless digital buying experience like the ones they get from Amazon and Apple, according to a new survey from artificial intelligence-powered customer data platform Fullpath. The survey of 1,000 Americans who have purchased or leased a vehicle within the past 24 months, conducted in collaboration with independent survey […] [Read More]

The American public’s relationship with electric vehicles is… complicated. Among those who already own an EV, on the other hand, it’s as simple as it could be. They want more. The latest EV driver survey by Plug In America, a national nonprofit dedicated to accelerating the shift to EVs, showed their loyalty is rock solid, […] [Read More]

In a business environment that seems uncertain and chaotic, auto dealer optimism is rising, according to the latest research from The Presidio Group. Despite concerns about tariffs and their effect on prices and the economy in general, The Presidio Midyear 2025 Dealer Direction Survey found 72% of the dealers surveyed said they expect profitability to […] [Read More]

The retail used-car market is proving to be a stable and solid force this year, especially the certified pre-owned segment, Cox Automotive said in its Mid-Year Review last week. On a week-to-week basis, used retail sales have consistently ... [Read More]

Is artificial intelligence the future of auto retailing? The answer to that question depends on whom you ask. Cox Automotive’s Digitization of Automotive Retail Study found an enormous gap between what consumers and car dealers believe will happen. The study, which surveyed 2,193 consumers and 385 franchise dealers, showed 83% of the consumers said the […] [Read More]

Pickup trucks and electric vehicles/hybrids. They’re two segments that tend to either dominate sales and/or dominate headlines. And often the discourse around fuel-efficiency and energy. But in June, they have dominated used-vehicle price increases. According to the latest Carfax Used Car Index, used pickup prices climbed almost $1,100 month-over-month in June, which is their steepest […] [Read More]

If you have a customer in the market for an affordable late-model vehicle, the options are fewer and far between. In 2019, nearly half of 3-year-old used cars sold were priced at less than $20,000. That share has dropped to 11.5% this year, according to an iSeeCars analysis of 2.6 million 3-year-old vehicles. To buy one of these late-model vehicles in 2019, consumers had to shell out an average of $23,159. Now they’re paying ... [Read More]

The retail supply of used electric vehicles last month was at its lowest point in nearly three years and down 11% from May 2024, suggesting rising consumer demand that could “reshape pricing and remarketing strategies” in coming months. That’s according to the latest EV Market Monitor from Cox Automotive, which found narrow gaps between both […] [Read More]

This week, CarGurus released its 2025 Mid-Year Auto Market Review, highlighting five primary points, including the impact of tariff uncertainty, shifting inventory dynamics and evolving consumer preferences on the new- and used-vehicle market. Among those top findings, CarGurus indicated used inventory has reached multi-year highs, but value has been redefined. Despite abundant used-car supply, CarGurus […] [Read More]