American consumers who are in the market for used cars are facing the highest prices in nearly three years, according to a new report. Wholesale prices for used vehicles rose to their highest level ...

Prices of used vehicles are continuing to rise and demand remains strong. A closely watched automotive industry barometer hit its highest level since the summer of 2023, according to Cox Automotive.

A wave of off-lease electric vehicles is set to create billions of dollars in losses for automakers, as resale values fall far short of earlier expectations, reports Automotive News. Leasing played a ...

March 11 (Reuters) - Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new ...

The number of used electric vehicles is increasing as leases from the early 2020s are returned to dealerships. A federal tax credit loophole for leased EVs, which classified them as commercial ...

The first Tesla customers took delivery of their cars in 2008, which means there's been plenty of time to buy, enjoy, and sell a Tesla. Some people sell their Teslas because they don't like them, ...

There are plenty of benefits to purchasing a new SUV: namely a full factory-backed warranty and the peace of mind that no prior owner drove the car like they stole it. But purchasing new model may ...

We get it. You're the practical type, and you understand that the benefits of a minivan outweigh whatever perceived stereotypes the public has about the segment, but you also don't want to spend a lot ...

COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ripple effects are still being felt. Since the pandemic, used car prices have ...

Vaughan Automotive also reported the highest average used-vehicle revenue per dealership in 2024: $82 million. Corwin Automotive Group followed with an average of $56 million per store.

Deciding whether to buy a new or used car can be tricky, with positives (and negatives) for either option. But one great reason to buy used is the fact that you can get a lot of vehicle for not a lot ...