Auto Market Update Week Ending May 04, 2024
As the sun dips lower each evening, casting longer shadows over the bustling streets, so too does the automotive market hint at a shift with the arrival of spring’s twilight. This week, as families unpack picnic baskets and adventurers dust off their hiking boots, the auto industry reflects a different
Progressive Diminished Value Claims: Complete Guide
When handling Progressive Diminished Value Claims after an accident, there are numerous factors to consider. If you’ve ever been in a car accident and had your vehicle repaired, you might be aware that the post-repair value of your car isn’t the same as it was pre-accident. This reduction in value
Why You Should Never Drive Into Floodwaters
One rainy evening, Sarah was driving home from work. The streets were flooded from a heavy downpour that hadn’t let up for hours. As she approached an intersection, the road ahead was covered in water. She remembered the common advice she’d heard so many times before: “Turn around, don’t drown.”
2022 Lexus GX Diminished Value Case Study
Imagine this: You’re cruising in your 2022 Lexus GX, enjoying the ride, when suddenly, bam! An accident. Now, as you deal with the aftermath, questions arise. What’s the impact on your GX’s value? How do you even figure that out? Don’t worry, we’re here to unravel the mystery behind the
U.S. Light-Vehicle Sales in April and Predictions for 2024
April 2024 has unfolded as an intriguing chapter in the narrative of the U.S. light-vehicle market. After 20 months of consecutive growth, this April observed a modest setback, with total new-vehicle sales slipping 3.9 percent to 1.32 million units compared to April of the previous year. This mixed bag—comprising growth
Auto Market Update Week Ending April 27, 2024
Last week painted a picture of subtle tranquility in the broader market, with a whisper-thin increase of just 0.01%. It’s like the gentle hum of a well-oiled engine running in the background. But beneath this calm surface, the currents of change are stirring, particularly in the realms of luxury vehicles,