Auto Market Update Week Ending Apr 15, 2023 (PDF) Although values continued to rise last week, the rate of gain has slowed. Additionally, auction conversion rates are weakening as sellers have held firm on their floors. With fewer bidders tuning into many lanes, auctioneers are having to work a little
Auto Incentives and Rebates Week Ending Apr 22, 2023 (PDF) We’re back with our weekly compilation of the latest auto incentives and rebates that you can avail of in the market. This particular edition highlights the retail incentives available until April 22nd. Whether you’re eyeing a new car, truck, or
Electrifying Growth: 75% Of Cars Could Be EVs by 2050 (PDF) According to a recent report from Energy Innovation, if certain states in the US follow California’s ban on gasoline vehicle sales by 2035, as many as 3 in 4 vehicles on American roads could be electric by 2050. The
2023 Chevrolet Malibu Loss in Value Case Study (PDF) As a midsize sedan, the Chevrolet Malibu has been in production since the 1960s. Over the years, it has evolved from a muscle car to a family sedan. Despite the struggle to compete with other midsize family sedans since its introduction
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
Auto Incentives and Rebates Week Ending Apr 15, 2023 (PDF) Welcome to our weekly roundup of the latest auto incentives and rebates available in the market. This edition highlights the retail incentives for the week ending April 15th. Whether you’re in the market for a new car, truck, or SUV,
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
Auto Incentives and Rebates Week Ending Apr 8, 2023(PDF) A summary of retail incentives for the week ending April 08 is provided in the table below. We didn’t have major changes compared to the previous week, with only Mazda making the most significant ones. Programs may vary by region and
The Most Popular Car Models Across Generations (PDF) A recent report by S&P Global Mobility has revealed the most popular car models across different age demographics in the United States. While we are aware of the top-selling vehicles in the country, this study provides insight into the preferences of various
2021 Hyundai Tucson Loss in Value Case Study (PDF) With the abundance of small SUVs in the current market, selecting the most suitable one can be challenging. Despite being overshadowed by the Honda CR-V and Mazda CX-5, the Hyundai Tucson is a practical option, boasting a superb infotainment system, comfortable
Open Lending Expands Eligibility to Older Cars (PDF) As the average age of cars on American roads increases, more and more people are lowering their credit scores by seeking out financing for older vehicles. Data from S&P Global indicates that in 2022, these consumers financed cars for an average of
Auto Market Update Week Ending Mar 25, 2023 (PDF) The market has been better than expected this time of year, with the weekly rate of return similar to what was seen in 2021. However, conversion rates have not returned to their previous levels as sellers are raising their floors and
Auto Incentives and Rebates Week Ending Mar 31, 2023 (PDF) A summary of retail incentives for the week ending March 31 is provided in the table below. We didn’t have major changes compared to the previous week, with only Stellantis making the most significant ones. Programs may vary by region
2023 Georgia Emissions Requirements (PDF) Important information about your vehicles’ 2023 emissions inspection: Get your test done early: In Georgia, the Clean Air Force recommends having your vehicle inspected four to six weeks before the registration renewal date, the birthday of the vehicle owner. Ongoing maintenance: Maintain your vehicle
It was just another day when suddenly, you found yourself in an accident. Whether you were the at-fault party or not, the fact remains that the Tesla Model 3 diminished value is inevitable. Even after the best repairs, buyers are less likely to pay the same amount for a car
Are you curious about the vehicles that qualify for Section 179 deductions? The IRS list of vehicles over 6000 lbs holds the key. In this quick guide, we provide a clear and concise breakdown of eligibility, helping businesses maximize tax savings through available deductions. Get ready to navigate the IRS
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