Auto Market Update Week Ending Apr 22, 2023(PDF) Sporty Cars still reported some of the largest gains last week, while the market continued to report increases. In 2019, the segment had only recorded nine consecutive weeks of gains during the traditional spring market, but this season, the segment has recorded
Auto Incentives and Rebates Week Ending Apr 29, 2023 (PDF) Welcome back to our weekly round-up of the latest auto incentives and rebates that are currently available in the market. This edition focuses on the retail incentives that will be valid until April 29th. No matter whether you’re interested in
The Updated List of EV Models Eligible for Tax Credits in the US (PDF) The US Treasury Department has removed nine electric vehicle models from the list of cars eligible for a $7,500 tax credit under the Inflation Reduction Act. New revised standards for qualification require that vehicles be assembled
2021 Honda Pilot Loss in Value Case Study (PDF) The Honda Pilot is a midsize three-row SUV that offers ample space, comfort, and performance. It can seat up to eight passengers, including adults in its roomy third-row seat, and offers plenty of cargo space. The 2021 model year features a
Tesla Sales Growth Slows Despite Price Cuts (PDF) According to new vehicle registration data, Tesla’s growth rate has slowed down in January and February 2023. Tesla’s share of the electric vehicle (EV) market dropped sharply in 2022 despite the automaker’s price cuts and the US government’s new round of federal
Auto Market Update Week Ending Apr 15, 2023 (PDF) Although values continued to rise last week, the rate of gain has slowed. Additionally, auction conversion rates are weakening as sellers have held firm on their floors. With fewer bidders tuning into many lanes, auctioneers are having to work a little
Auto Incentives and Rebates Week Ending Apr 22, 2023 (PDF) We’re back with our weekly compilation of the latest auto incentives and rebates that you can avail of in the market. This particular edition highlights the retail incentives available until April 22nd. Whether you’re eyeing a new car, truck, or
Electrifying Growth: 75% Of Cars Could Be EVs by 2050 (PDF) According to a recent report from Energy Innovation, if certain states in the US follow California’s ban on gasoline vehicle sales by 2035, as many as 3 in 4 vehicles on American roads could be electric by 2050. The
2023 Chevrolet Malibu Loss in Value Case Study (PDF) As a midsize sedan, the Chevrolet Malibu has been in production since the 1960s. Over the years, it has evolved from a muscle car to a family sedan. Despite the struggle to compete with other midsize family sedans since its introduction
Used Cars That Appreciate Despite a Softening Market (PDF) Typically, automobiles don’t appreciate value. However, in 2022, the global market experienced an unprecedented shift, causing pre-owned cars to trade for an average of 8.5 percent more than new cars. Fortunately, the market has since returned to normal, and this is
South Florida Flood Leaves Cars Under Water (PDF) South Florida has been hit by heavy rainfall in recent days, causing flooding in many low-lying areas and neighborhoods. Temporary pumps were deployed in various locations, but some areas still experienced minor flooding, such as Edgewater. The situation has resulted in cars
Auto Incentives and Rebates Week Ending Apr 15, 2023 (PDF) Welcome to our weekly roundup of the latest auto incentives and rebates available in the market. This edition highlights the retail incentives for the week ending April 15th. Whether you’re in the market for a new car, truck, or SUV,
The Rise of Credit Unions in the Auto Financing Market (PDF) Credit unions are expected to remain strong competitors in the auto financing market in 2023, following their exceptional performance in 2022. During Q4 of 2022, credit unions originated 27% of all auto loans and leases, making them the largest
2020 Chevrolet Silverado Loss in Value Case Study (PDF) If you are in the market for a used full-size pickup truck, the 2020 Chevy Silverado 1500 is a great option. The Silverado is comfortable to drive, it maneuvers confidently, and it has some serious hauling and towing capabilities. A turbo
The Road Ahead for Used Car Sales and Prices (PDF) As the pandemic continues to impact the global economy, the used car market is experiencing a significant shift. According to Laura Wehunt, VP of Automotive Valuations for Black Book, the demand for quality used units remains high, with inventory available
Auto Market Update Week Ending Apr 1, 2023 (PDF) In another week of larger-than-typical gains, the market increased by +0.51%. The market continues to decline in full-size and compact vans, but the rate of decline is decreasing each week. Nineteen of the twenty-two segments we report on each week had
Auto Incentives and Rebates Week Ending Apr 8, 2023(PDF) A summary of retail incentives for the week ending April 08 is provided in the table below. We didn’t have major changes compared to the previous week, with only Mazda making the most significant ones. Programs may vary by region and
The Most Popular Car Models Across Generations (PDF) A recent report by S&P Global Mobility has revealed the most popular car models across different age demographics in the United States. While we are aware of the top-selling vehicles in the country, this study provides insight into the preferences of various
2021 Hyundai Tucson Loss in Value Case Study (PDF) With the abundance of small SUVs in the current market, selecting the most suitable one can be challenging. Despite being overshadowed by the Honda CR-V and Mazda CX-5, the Hyundai Tucson is a practical option, boasting a superb infotainment system, comfortable
Open Lending Expands Eligibility to Older Cars (PDF) As the average age of cars on American roads increases, more and more people are lowering their credit scores by seeking out financing for older vehicles. Data from S&P Global indicates that in 2022, these consumers financed cars for an average of
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