Shoppers will no longer pay a premium for electric vehicles and consider electric powertrains a detractor, making them less desirable, iSeeCars study shows.

CAR 2024: Negative media headlines about EVs abounded in the past year, bringing a dose of reality mixed with some exaggeration that data and facts can correct.

CAR 2024: Negative media headlines about EVs abounded in the past year, bringing a dose of reality mixed with some exaggeration that data and facts can correct.

CAR 2024: Negative media headlines about EVs abounded in the past year, bringing a dose of reality mixed with some exaggeration that data and facts can correct.

The market is still seeing higher sales conversion levels with days’ supply down as sales have continued to run above last year’s levels.

The market is still seeing higher sales conversion levels with days’ supply down as sales have continued to run above last year’s levels.

Affordability remains challenging for consumers, and supply is more limited at lower price points.

Affordability remains challenging for consumers, and supply is more limited at lower price points.

While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.

While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.

While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.

The tool allows sellers to indicate they are committed to selling a vehicle that same day, and buyers can spot ready deals.

The tool allows sellers to indicate they are committed to selling a vehicle that same day, and buyers can spot ready deals.

The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.

The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.

The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.

The average used-vehicle listing price was $25,571, up slightly from the revised $25,536 at the start of April but down 6% from a year earlier.

The average used-vehicle listing price was $25,571, up slightly from the revised $25,536 at the start of April but down 6% from a year earlier.

Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.

Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.

Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.

CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and...

CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and...

CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal”...

CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal”...

CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal”...

The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14% from a year ago.

The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14% from a year ago.

The 1.66 million used vehicles sold at retail are up 11% year over year compared to March 2023 and the highest volume since March 2022.

The 1.66 million used vehicles sold at retail are up 11% year over year compared to March 2023 and the highest volume since March 2022.

Used-vehicle sales in the period were up more than 5% year over year, in line with spring fever and the tax refund season.

Used-vehicle sales in the period were up more than 5% year over year, in line with spring fever and the tax refund season.

This was the first time the Manheim Market Report index reading has been under 200 since March 2021, illustrating the outsized moves in the index over the...

This was the first time the Manheim Market Report index reading has been under 200 since March 2021, illustrating the outsized moves in the index over the...

CAR 2024: The latest analysis from the National Auto Auction Association shows a stabilizing auction sector moving faster but still a long way from...

CAR 2024: The latest analysis from the National Auto Auction Association shows a stabilizing auction sector moving faster but still a long way from...

CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.

CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.

CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.

CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.

Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.

Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.

The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.

The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.

The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery...

The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery...

The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery...

Prices in all vehicle market classes dive by double-digit teen percentages with electric vehicles down the most by 19% compared to March 2023.

Prices in all vehicle market classes dive by double-digit teen percentages with electric vehicles down the most by 19% compared to March 2023.

Total days’ supply at the start of March fell to 44, compared with the revised 53 at the beginning of February, a 20% decline.