
Study finds them more willing to shop brands as inventories grant more choices.
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EV offers, luxury car lease deals and growing inventories cited as the reasons.
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Just one quarter of potential buyers say they would consider electric.
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Study ranks it highest in industry, whose overall results improve.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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But multiple obstacles stand in the way of widespread adoption.
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A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.
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Lexus and Subaru rank highest for third consecutive year.
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With nearly 100 years of combined service to automotive dealers and consumers, J.D. Power and JM&A Group align to inspire confidence in Finance and Insurance offerings.
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Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.
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