Used-Car Market on a Downturn, Experts Say

At a San Diego industry gathering, market watchers predict continued slide from pandemic-era highs.

Last Used-Price Hurrah Before Expected Supply Growth

STAMFORD – Though used-vehicle supply growth is expected to lead to a softening of residual values in the coming years, pre-owned prices were still on the way up as 2015 came to a close. According to the latest RVI Risk Outlook newsletter, used-vehicle prices, after being adjusted for MSRP, showed an increase of 1.9 percent ... Read More »

Used-Car Prices Fall as Ending Leases Fill Dealer Lots

It’s a good time to buy a used car, reported The Detroit News. Millions of previously owned cars and trucks are flooding the market as leases expire and customers look to upgrade. Prices have fallen since the start of the summer, and inventories are climbing. It’s a delayed reaction to a recovering auto industry: When ... Read More »

Used Car Depreciation To Remain Historically Low

Used-Car Prices Climb

Kelley Blue Book Says Used-Car Prices Are Expected to Remain High for Years