Car or vehicle inventory shortages can be inconvenient for consumers who are looking in the market for a new car, as they may have to wait longer to get the specific model or trim level they want. In ...
Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.
The number of used vehicles in inventory on both independent and franchised used car dealer lots rose throughout 2023, reaching levels in December that matched those last seen in the fourth quarter of ...
We’ve been feeling the squeeze of pandemic-era shortages for a few years now, but Cars.com parent company Cars Commerce’s new Monthly Industry Insights Report suggests there’s light at the end of the ...
A buyer with $20,000 looking for a late model used car will have a hard time finding one. The average list price for a used 3-year-old vehicle is now $32,600, up nearly $9,500 since 2019. Some tips in ...
Consumer demand for new and used vehicles bounced back in October after a slight dip in September, as prices continue to drop, according to new data. CarGurus, an online new and used vehicle shopping ...
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
Now that tax refund season is over, it would seem that used vehicle inventories are once again swelling. According to analysts, there has been a rise in second-hand cars sticking around on dealer lots ...
America’s new-car lots are crowded again, and the overhang from 2025 model-year production is starting to dictate who has leverage in the showroom. After years of tight supply and markups, excess ...
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