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
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
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