Auto Market Update – January 28, 2025 Crash or Cash? The 2025 auto market is full of twists—wholesale prices stabilize, minivans plummet, and Georgia’s EV inventory surges. But here’s what really matters: If you’ve had a recent accident, your car’s value is bleeding money—even if it’s repaired. In this week’s Auto Market Update, we dissecto the latest
Honda has long been synonymous with reliability, earning its place as one of the most trusted car brands globally. Known for their longevity, fuel efficiency, and low maintenance costs, Honda vehicles consistently rank high in reliability studies But what exactly sets Honda apart from its competitors? In this article, we’ll
2024 US Auto Sales Overview: Trends & Insights The US auto market in 2024 saw pickup trucks and SUVs reign supreme, while electric vehicles (EVs) continued their steady climb. Despite economic uncertainties, Americans bought over 15 million vehicles, with familiar brands like Ford, Toyota, and Chevrolet leading the charge. Here’s
Has your 2024 Cadillac CT5 been in an accident, leaving you worried about its resale value? You’re not alone. Insurance companies often rely on the outdated 17c Formula, which may undervalue your loss. That’s why we use a more precise, data-driven method to determine the actual drop in worth—so you
Auto Market Update – January 18, 2025 Wholesale Price Trends This Week Last Week 2017–2019 Average in Same Week Car Segments -0.58% -0.75% -0.49% Truck & SUVs Segments -0.56% -0.83% -0.39% Whole Market -0.57% -0.81% -0.43% Car Segments Truck & SUV Segments Inventory and Retail Trends The Used Retail Active
The Biden administration has finalized new regulations that effectively ban Chinese-made vehicles and connected technologies from the U.S. market. Citing national security risks, the rules aim to protect Americans’ data from foreign adversaries. This move could reshape the automotive industry, impacting automakers, consumers, and global trade dynamics. Why the Biden
When your 2023 Infiniti QX60 is involved in an accident, the financial hit goes beyond repair costs. The resale value of your car takes a significant hit, leaving you at a loss even after restoring it to pre-accident condition. Understanding the diminished value of your vehicle is critical to ensuring
Auto Market Update – January 17, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car
South Korea’s car brands have become major players in the global automotive industry, especially in the U.S. Known for their reliability, affordability, and advanced features, Korean automakers are now some of the most popular choices for American buyers. Over the past few decades, these brands have gone from niche options
When you think of Foxconn, the first thing that likely comes to mind is their role as the world’s largest contract electronics manufacturer—the company behind the production of Apple’s iPhones. But Foxconn, officially known as Hon Hai Precision Industry Co., is expanding into the electric vehicle (EV) market. With plans
If your 2024 Kia Carnival has been in an accident, you may be facing a significant reduction in its market value—even after quality repairs. This loss, known as diminished value, reflects the drop in resale potential due to its accident history. Using advanced methodologies and real market data, we’ve calculated
Auto Market Update – January 13, 2025 As we step into 2025, the automotive market is experiencing notable developments across various segments. Here’s a comprehensive overview of the latest trends and industry news. Wholesale Price Trends In the final week of 2024, wholesale vehicle prices exhibited stability across both car
When dealing with the aftermath of an auto accident, the time it takes for your insurance company to process a total loss claim is a critical concern. While timelines vary, understanding the factors at play can help you navigate the process and avoid unnecessary delays. This guide provides clear insights
Recalls are nothing new in the automotive space, but as cars become more complex, the number of recalls will increase accordingly. The top ten worst offenders recalled more than 25 million vehicles in total, according to data from the National Highway Traffic Safety Administration (NHTSA). Tesla recalled the most vehicles,
It was just another drive when the unthinkable happened—a collision that left your 2023 Genesis GV80 with more than just visible damage. Regardless of who was at fault, the diminished value of your vehicle is an unavoidable consequence. Even after the best repairs, a car with an accident history becomes
As the automotive landscape changes, 2025 will bid farewell to several beloved car models. Their retirement signifies not just the end of production, but also trends like the rise of electric vehicles and shifting consumer preferences towards SUVs. Each discontinued car has left its mark through performance, design, and affordability.
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