Distracted driving might make for entertaining dashcam videos on social media, but it has increasingly become a deadly problem on America’s roads. A recent study by Bader Scott Injury Lawyers found that distracted driving kills thousands of people each year, with some states experiencing much higher numbers than others. In
Accidents happen, and when they do, they can leave a lasting mark on your vehicle’s value. Today, we’re diving into the specifics of how an accident affects the 2022 Ford Transit Connect’s resale value, offering insights that most websites overlook. 2022 Ford Transit Connect Diminished Value Case Study (PDF) What
Vehicle dependability is on the decline, as recent data reveals an uptick in issues after three years of ownership. This year, nearly two-thirds of the brands studied show increased problem levels, pushing the industry average up by 4 problems per 100 vehicles (PP100) to 190 PP100. The gap between initial
The automotive industry has seen notable shifts in 2024. While some automakers experienced significant growth, others faced challenges. This analysis delves into the sales performance of the top 10 automakers in the first half of 2024, highlighting key trends and market dynamics. Top 10 Automakers in 2024: Sales Analysis and
Hey there, auto enthusiasts! This week’s auto market update is packed with insights you won’t find elsewhere. We’re diving deep into the latest trends, focusing on wholesale prices, car and truck segments, and the factors driving these changes. So buckle up and let’s get started! This Week Last Week 2017-2019
Electric vehicles (EVs) have swiftly transitioned from a futuristic concept to a mainstream reality, increasingly dominating our roads. In just the second quarter of 2024, an impressive 700 new fast-charging stations have emerged, fueling the rapid expansion of the EV infrastructure at a remarkable pace. But will this surging growth
Have you ever wondered how an accident affects your car’s value, even after perfect repairs? Let’s dive into the world of diminished value, focusing on a real-world case study of the 2024 GMC Savana. You’ll uncover insights often overlooked and learn why an appraiser can be your best ally. 2024
Are you curious about what made the Chevrolet Caprice Georgia’s most-sold car in the 80s? You will drive into an in-depth analysis of this absolute auto market icon. Learn about all the secrets, features, and cultural casualties. Ready to know all the major events that made the Caprice stand out
Despite rising auction conversion rates, the days to turn on dealership lots are consistently increasing. In terms of valuations, the market continues to decline at a pace that surpasses pre-pandemic norms for this time of year. This Week Last Week 2017-2019 Average(Same Week) Car segments –0.54% –0.62% –0.39% Truck &
Electric vehicles (EVs) are steadily gaining traction in the automotive market, thanks in part to various incentives aimed at promoting their adoption. But how do these incentives impact the resale prices of EVs? Let’s explore the effects of increased incentives on EV resale values and what this means for consumers
When it comes to car accident repairs, location plays a surprisingly significant role. While many people focus on insurance rates, repair costs can vary dramatically from state to state. Recent research by the Dolman Law Group reveals that drivers in some states enjoy much lower repair bills than others. So,
2023 Buick Envision Diminished Value Case Study (PDF) What is Diminished Value? Diminished value is essentially the difference in your car’s market value before and after an accident. Even if your Buick Envision is repaired to the highest standards, the fact that it was in an accident will often lower
Understanding vehicle depreciation is crucial for anyone involved in buying, owning, or selling vehicles. Depreciation impacts a car’s value over time, affecting insurance rates, resale prices, and overall costs of ownership. In 2024, several market trends are influencing vehicle depreciation, shedding light on how different factors play a role in
Searching for The Best Insurance in Georgia? Looking for the best car insurance for you can feel like hunting for a needle in a haystack. There are so many options. For sure you’re having a hard time trying to know which one offers the best for you. You don’t need
Wholesale Prices: Week Ending July 6, 2024 June is already gone! First things first, we hope you had an awesome 4th of July! But now it is time to get back into business. Download the Auto Market Update July 2024 – Week 1 PDF Zooming in the Decline There was
Electric vehicles (EVs) have been revolutionizing the automotive industry, offering eco-friendly alternatives to traditional gasoline-powered cars. Recently, a notable shift has occurred: for the first time since February 2023, the average price of an EV has fallen below Tesla’s average. This intriguing trend has significant implications for the market, consumers,
Had an accident with your 2024 Chevrolet Trax? It’s frustrating, right? Besides dealing with repairs, you’ve got to think about how much your car’s value has dropped. But don’t worry, we’re here to help you figure that out. 2024 Chevrolet Trax Diminished Value Case Study (PDF) What is Diminished Value?
Introduction In the vast landscape of the US automotive market, the competition between small cars and larger vehicles is both fierce and fascinating. With the rise of SUVs and trucks, one might assume that small cars would struggle to find their place. However, these compact vehicles continue to carve out
The automotive market is a dynamic and ever-changing landscape. This update for the week ending June 29, 2024, delves into unique and often overlooked aspects of the auto market, including wholesale price trends and depreciation rates. Auto Market Update Week Ending June 29, 2024 (PDF) Wholesale Prices: Week Ending June
Introduction When purchasing a car on finance, many buyers focus primarily on the sticker price and monthly payments. However, the terms of the loan, especially its duration, play a crucial role in determining whether a buyer might face negative equity. The recent Consumer Financial Protection Bureau (CFPB) report provides valuable
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