General
Average Used Car Price Topped $27,000 in May
The average American used car buyer paid $27,256 in May — $457 higher than April’s average price. The increase came…
General Articles
General
Fed Skips June Rate Increase – What It Means for Car Shoppers
The Federal Reserve declined to raise interest rates yesterday after 10 straight increases. Interest rate increases designed to rein in inflation…
General
12 Best Family Cars of 2023
The Best SUVs and Minivans for a Wide Range of Families Some families are only just starting to sprout new…
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Massachusetts, Feds Fight Over Who Can Repair Your Car
Today, the federal government’s major auto safety regulator told automakers not to comply with a new Massachusetts state law. The…
General
Recall Alert: 2023 Kia Sportage
Kia has issued a recall for about 99,000 Sportage SUVs from model year 2023 because they can lose some braking…
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California Approves Mercedes’ Hands-Free, Eyes-Off System, With Limits
Owners of some Mercedes-Benz vehicles will be able to legally take their hands off the wheel and their eyes off…
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Average New Car Price Holding Steady Under Sticker
The average American new car buyer paid $48,528 in May — $251 more than in April. The negligible increase means…
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Already Tight, Auto Loan Standards Tightened in May
A car loan was harder to qualify for nationwide in May. Lending standards are now tighter than at any point…
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Wholesale Used Car Prices Declined in May
The wholesale prices used car dealers pay for the cars they later sell decreased by 2.7% in May. According to…
General
Car Dealers Are Worried
Car dealers in the U.S. are still worried about the future. They’re no longer concerned about a lack of cars…