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
Ram and Porsche have risen to the top in the 2024 J.D. Power U.S. Initial Quality Study, marking significant milestones for these brands. Let’s dive into the details of the study and explore what sets these automotive leaders apart. Top Quality Automotive Brands of 2024: Expert Analysis (PDF) 2024 Automotive
Accidents happen, but understanding the financial aftermath can be a complex task. If your 2023 Kia Rio has been in an accident, determining its diminished value is crucial for claiming fair compensation. Let’s dive into a detailed analysis of how this process works, why you need a professional appraiser, and
When it comes to choosing a car that proudly boasts its American roots, the American-Made Index (AMI) is the go-to source for consumers. In 2024, the list of top vehicles showcases a mix of electric, hybrid, and traditional models. This year’s index not only highlights the leaders but also underscores
The auto market’s recent performance has been quite the rollercoaster, hasn’t it? Let’s dive into some intriguing data and insights that you won’t find on most other sites. We’re talking about the nitty-gritty details that really make a difference. Auto Market Update Week Ending June 22, 2024 (PDF) Wholesale Prices,
Accidents are stressful and often leave you wondering about the state of your vehicle. Determining whether your car is totaled can be a daunting task. As a professional car appraisal company, we have encountered many cases where vehicles are beyond repair. In this guide, we will explore the signs that
Has your 2023 Hyundai Venue recently been in an accident? You might be curious about how this impacts your vehicle’s value. This article uncovers the concept of diminished value, a critical yet often overlooked factor. We’ll delve into why understanding your car’s diminished value is important, the various factors that
The EV market is heating up, but it’s not Tesla that’s driving the excitement. Surprisingly, while Tesla’s sales are stumbling, other carmakers are seeing their electric vehicle sales soar. Let’s break down why non-Tesla EVs are booming and what this means for the industry’s future. Why Non-Tesla EV Sales Are
Hey there, car enthusiasts and market watchers! Buckle up, because we’ve got the latest scoop on the auto market for the week ending June 15, 2024. This week, while the market continued its downward trend, the rate of depreciation has thankfully slowed down a bit. So, let’s dive into the
When it comes to finance and insurance (F&I) products, convenience is not just a perk for Gen Z buyers—it’s a necessity. A recent survey by Protective Asset Protection underscores this trend, showing that the ease of researching and purchasing F&I products significantly impacts their buying decisions. Let’s explore why convenience
Accidents can leave more than just physical damage to your vehicle; they can also significantly impact its market value. Understanding how car depreciation works post-accident and what steps you can take to claim compensation is crucial. In this comprehensive guide, we’ll delve into the essentials of car depreciation after an
Ever had the unfortunate experience of a car accident? If you own a 2023 Cadillac XT5, understanding its diminished value is crucial. This case study dives deep into what most sources don’t cover, helping you uncover hidden insights. 2023 Cadillac XT5 Diminished Value Case Study (PDF) Was Your 2023 Cadillac
The electric vehicle (EV) market is set for an exciting year in 2024. Think about how quickly things can change when new technologies, smart policies, and strong partnerships all come together. This year, expect big changes that will reshape how we view electric cars, with fresh data and insights leading
The auto market saw some significant movements last week, with an accelerated depreciation rate across all segments, marking the most substantial decline since mid-December 2023. Notably, the midsize car and midsize crossover/SUV segments experienced the largest declines. Let’s dive into the specifics. Auto Market Update Week Ending June 08, 2024
Dealing with car repairs after an accident is stressful enough, but when your vehicle isn’t properly fixed after an insurance claim, it can be even more frustrating. Unfortunately, this scenario is more common than you might think. Many people find themselves in a situation where their car hasn’t been repaired
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