Last week, J.D. Power completed its newest analysis of the recently imposed tariffs on imported vehicles and auto parts, which experts said are expected to significantly affect both consumers and the automotive industry in the United States. But J.D. Power stressed this point before delving into the data and breakdown: “Please note, however, that this […] [Read More]

As the tariff era begins, perhaps the two biggest concerns for the overall used-car market, now and down the road, are rising prices and the dwindling supply of off-lease cars. To which used electric vehicles say, “What, me worry?” As used wholesale prices begin to creep upward thanks to rising demand coupled with diminished supply, used EVs represent ... [Read More]

As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review, that might have been the calm before the storm. The report, based on data from the company’s Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9% in […] [Read More]

iSeeCars is seeing something it hasn’t seen in more than two years: rising used-car prices. The automotive search engine and research website said its latest study showed the average used-vehicle listing price in March was up 1% from March 2024, the first year-over-year increase since October 2022. The study was based on iSeeCars’ analysis of […] [Read More]

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]

The automotive industry has always been cyclical, but today’s market conditions present a new set of challenges. With a 25% tariff being imposed on all imported vehicles, dealer principals must rethink their long-term strategies. The question is no longer just about operational efficiency. It’s about survival and securing the best path forward. For many dealers, […] [Read More]

Hold on tight, folks. It’s going to be a bumpy ride. A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. The “roller coaster ride” predicted by Cox Automotive chief economist Jonathan Smoke is […] [Read More]

Fleet managers are struggling to properly use total cost of ownership metrics when it comes to electric vehicles, according to a new study by EVAI. The provider of data analytics and artificial intelligence-driven fleet management technology said its online survey of more than 2,500 fleet executives, conducted in March, “highlights the challenges and frustrations faced […] [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]