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The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
https://www.government-fleet.com/10156596/used-vehicle-supply-edges-higher
With the help of industry experts, Automotive Fleet takes a look at the current state of the used-vehicle market and what the near future may hold.
https://www.government-fleet.com/10155875/the-state-of-the-wholesale-used-vehicle-market-1
October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and...
https://www.government-fleet.com/10155565/wholesale-used-vehicle-prices-reach-historic-high
The EV market has totally evolved in the last decade and will continue to change as EVs become more affordable, longer lasting, and more efficient.
https://www.government-fleet.com/10154873/evs-residual-values-and-the-total-cost-of-ownership
Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are...
https://www.government-fleet.com/10154952/unscheduled-maintenance-costs-increase-3-in-cy-2021
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than...
https://www.government-fleet.com/10150951/wholesale-used-vehicle-price-trend-reverses-course-in-august
The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
https://www.government-fleet.com/10150637/cox-automotive-starts-plan-to-evaluate-used-ev-batteries
High prices and relatively tight inventory keep more buyers at bay.
https://www.government-fleet.com/10149741/used-vehicle-prices-slowing-after-quick-spring-pace
The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
https://www.government-fleet.com/10144083/used-vehicle-prices-hit-all-time-high
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
https://www.government-fleet.com/10118476/tracking-remarketing-trends-week-by-week-during-the-pandemic