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?
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
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
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
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
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
The trucking industry is a backbone of commerce, essential for transporting goods across vast distances. Moving into 2024, the sector is experiencing dynamic shifts driven by technological innovation, evolving regulations, and changing market demands. This piece explores the upcoming trends, growth opportunities, and challenges that the trucking industry will face.
Hey there, auto enthusiasts and market watchers! We’ve got some juicy updates from the auto market for the week ending June 1, 2024. Buckle up, because there are some surprising trends and insights you won’t want to miss. Auto Market Update Week Ending June 01, 2024 (PDF) Weekly Depreciation Rates:
California is leading the charge (pun intended) with its ambitious plan to replace the gasoline tax with a mileage-based tax. As the state sees an increasing number of electric vehicles (EVs) and hybrids on the roads, traditional revenue streams are drying up. The new pilot program, set to begin in
2023 Mazda 3 Diminished Value Case Study: Comprehensive Analysis (PDF) Was Your 2023 Mazda 3 in an Accident? Using a detailed analysis, we can determine the diminished value of your 2023 Mazda 3. Here’s a breakdown of the essential figures: Diminished Value Calculator Before Accident Cash Value $25,925 After Accident
Few people pay for a new car entirely upfront, so financing or leasing is the go-to method for most. The agreed-upon length of time you have to pay off your lease or loan is called the term. Let’s dive into what these terms mean, how long they typically last, and
In recent years, the midsize sedan market has seen big changes. Once a popular choice for many drivers, midsize sedans are now losing ground. With several carmakers discontinuing their sedan models, the landscape is changing fast. Yet, amid this decline, the Toyota Camry remains strong, leading in sales. This article
The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about
In this week’s update, we’re diving deep into the nuances of the auto market as of May 11, 2024. The pulse of the market is steady—unfaltering yet revealing subtleties that predict future shifts. Here, we go beyond the typical metrics to uncover the less-discussed details that shape the automotive landscape.
In the first quarter of 2024, the finance and insurance (F&I) sector witnessed a noticeable dip in gross profit per vehicle across most major US auto dealership groups. This trend underscores the ongoing challenges within the automotive retail industry, particularly in an environment of persistently high interest rates. Let’s delve
China is making huge strides in the electric vehicle (EV) world, becoming a leader with its innovative and diverse range of electric car brands. While names like NIO and BYD might ring a bell, there’s a lot more happening in China’s EV scene. This article takes a closer look at
As the sun dips lower each evening, casting longer shadows over the bustling streets, so too does the automotive market hint at a shift with the arrival of spring’s twilight. This week, as families unpack picnic baskets and adventurers dust off their hiking boots, the auto industry reflects a different
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