Collision Costs for EVs vs. Non-EVs: Are EV Repairs Really More Expensive? (PDF) Electric vehicles (EVs) have been making waves in the automotive industry, touted for their environmental benefits, lower operational costs, and cutting-edge technology. However, one aspect that often goes under the radar is the cost of repairing collision
Pre-Owned EVs and Tax Credits: Everything You Need to Know (PDF) Navigating the world of pre-owned electric vehicle (EV) sales has become a source of anxiety for car dealers across the United States. They are urgently seeking guidance from the U.S. Treasury Department to clarify the intricacies of what counts
Auto Market Update Week Ending September 23rd, 2023 (PDF) The automotive market has had an eventful week, dominated by the United Auto Workers (UAW) strike, which has left the industry with mixed signals. While overall depreciation rates are slowing down, the real story lies in the details. Check here for
2022 Hyundai Sonata Diminished Value Case Study (PDF) The 2022 Hyundai Sonata offers an enticing blend of style, value, and performance options. This family sedan boasts a diverse lineup, ranging from well-equipped entry-level trims to efficient hybrids and a sporty N Line model. While the N Line’s 290-horsepower turbo-four engine
Tesla Drives U.S. EV Market Surge with Aggressive Price Cuts (PDF) The American electric vehicle (EV) landscape is undergoing a seismic shift, with Tesla emerging as a dominant force, catalyzing the transition. Recent registration data reveals a fascinating story of how Tesla’s strategic price reductions have propelled its market share,
Auto Market Update Week Ending September 16th, 2023 (PDF) Last week in the auto market was marked by some intriguing developments, with both challenges and opportunities emerging as we approach the end of September. Here’s a breakdown of the key trends and data that are shaping the market: This
Tesla Model 3 Surges into Top 10 Leased Vehicles in the U.S. (PDF) In a groundbreaking achievement for the electric vehicle (EV) industry, the Tesla Model 3 has stormed its way into the prestigious list of the top 10 leased vehicles in the United States. This remarkable feat comes on
2021 Chevrolet Express Diminished Value Case Study (PDF) The 2021 Chevrolet Express stands as a reliable workhorse, offering versatility in cargo and passenger configurations. With three powertrain options, including a robust diesel engine, it caters to various payload and towing needs. Available in both standard and long-wheelbase versions, the latter
Appraisal Requirements for Donation of Real Property and Other Assets to Section 501(C)(3) Organizations (PDF) If you are planning to claim deductions for your noncash charitable donations on your Federal taxes, you need to file Form 8283. This guide provides assistance in understanding the appraisal requirements for donating real property
Auto Market Update Week Ending September 13, 2023 (PDF) This week in the auto market has been one filled with anticipation and uncertainty as the industry awaits news of a possible UAW strike and its potential impact. The market’s depreciation rate, which had been on a rapid decline, showed signs
New-Vehicle Inventories Breach 2 Million After the Pandemic (PDF) New-Vehicle Inventories Surge Past 2 Million in a Post-Pandemic Resurgence In a significant milestone for the automotive industry, new-vehicle inventories in the United States have recently surpassed 2 million units, marking the first time this has occurred since April 2021. This
2020 Mazda CX-30 Diminished Value Case Study (PDF) Introducing the 2020 Mazda CX-30, a unique addition to Mazda’s SUV lineup, nestled between the subcompact CX-3 and the compact CX-5. While the nomenclature might raise questions—why not CX-4? Mazda’s explanation is a tale for another time. What matters is the CX-30’s
Revolutionizing the Road: China’s EV Market Set to Dominate by 2030 (PDF) In recent years, the automotive industry has witnessed an unprecedented transformation, largely driven by the electrification of vehicles. While Western automakers have been at the forefront of this shift, a recent report by UBS Group analysts suggests that
Auto Market Update Week Ending Sep 2, 2023 (PDF) In the ever-evolving automotive landscape, this week’s market update paints a picture of accelerated depreciation, despite a surge in auction activity. The specter of a potential UAW strike looms large, with industry players closely monitoring developments that could reshape the industry
US Dealer Groups Encounter F&I Gross Profit Drops in Q2 2023 (PDF) In the world of franchise car dealership groups, the second quarter brought forth a diverse range of results when it came to the same-store Finance and Insurance (F&I) gross profit per vehicle. As we delve into the Q2
2022 GMC Acadia Loss in Value Case Study (PDF) Positioned as a rugged alternative to the minivan scene, the 2022 GMC Acadia offers a variety of features and options that cater to families. While it conceals its family-friendly nature behind a rugged facade, the Acadia presents itself with two engine
How Oversupply is Steering New Car Prices into a Price War (PDF) The U.S. automobile market, once racing at full throttle, has hit a sudden speed bump in recent months. After reaching record-high prices just last summer, the cost of new cars is now poised to plummet due to a
Auto Market Update Week Ending Aug 26, 2023 (PDF) In the ever-evolving landscape of the automotive market, the past week provided some intriguing insights. While wholesale declines persisted, there emerged a glimmer of hope as the pace of depreciation exhibited signs of moderation, receding below the 1% mark for the
Toyota Prius Trim Levels Guide (1997-Today) (PDF) The evolution of the Toyota Prius Trim Levels has been remarkable since its modest inception. Initially offering just two trim levels, the Prius has undergone significant enhancements over the years, culminating in a diverse and extensive range of trim options. In this guide,
2022 Nissan Kicks Loss in Value Case Study (PDF) The 2022 Nissan Kicks presents an enticing option for budget-conscious SUV enthusiasts. Despite its compact exterior, the Kicks surprises with a spacious interior, making it an attractive choice for those seeking affordability without sacrificing comfort. Powered by a fuel-efficient four-cylinder engine
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