Auto Market Update Week Ending July 13, 2024
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 &
The Effect of Increased Incentives on EV Resale Prices
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
Top 10 Cheapest States for Car Accident Repairs in 2024
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
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
How Market Trends Are Shaping Vehicle Depreciation in 2024
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
4 Best Car Insurance Companies in Georgia
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
