General
Wholesale Used Car Prices Fall; Retail Price Cuts Ahead
Car dealers are paying almost 15% less for used cars at auction than they did a year ago. Used car…
General Articles
General
Car Dealers Still Overstocked, but Selling Down the Backlog
Car prices are governed by supply and demand. Many dealerships entered 2024 drastically oversupplied. That’s still true, but February sales…
General
Government Likely To Ease EV Transition Rules
It’s going to be a busy week for automakers and the government agencies that regulate them. We’re expecting two major…
General
New Car Affordability Hits 31-Month High
It’s easier to afford a new car today than at any point since August of 2021. Getting a new car…
General
Average Used Car Price Falling Slowly
The average used car in America was listed for $25,151 in February – about $175 lower than in January, according…
General
Gas Prices Lower Than Last March, but About to Rise
According to AAA, the nationwide average price of a gallon of gas this morning sits at $3.44. That’s three cents…
General
4-Cylinder Engines Today Are as Powerful as V8s Were in 2001
The average 8-cylinder engine sold in 2001 made 238 horsepower. Today, the average 4-cylinder engine nearly matches it. Four pots…
General
Car Insurance Soaring Nationwide, Changing How We Shop
Americans are spending more than ever on car insurance. Numbers published this week show shocking price increases. However, Federal Reserve…
General
Car Dealers Expect Lower Profits Amid Higher Inventory
They say comparison is the thief of joy. And when they say it, car dealers nod. Dealers have plenty of…
General
AAA: Americans Growing Less Trustful of Self-Driving Cars
Were Americans supposed to feel better about self-driving cars the closer the technology became to operational? That’s not how this…