Vroom, Inc., a prominent ecommerce platform specializing in the buying and selling of used vehicles, has recently declared the cessation of its ecommerce operations. The decision is part of a Full Article »
The resale value of electric vehicles (EVs) is experiencing a notable decline, according to Black Book’s historical retention data and future predictions. The chief data scientist at Black Book, Alex Full Article »
The world of automotive enthusiasts and everyday commuters alike has been experiencing some significant changes in recent years. While the allure of brand-new cars remains strong, the reality for many Full Article »
The Insurance Institute for Highway Safety (IIHS) and Consumer Reports (CR) have released their annual teen vehicle list, offering families a selection of safe and practical options for young drivers. Full Article »
Preowned cars are at an all-time high throughout the nation. As the demand for vehicles continues to rise prices will increase. People have been given the opportunities to return to Full Article »
Buying a used car can take a lot of time, especially when you have to travel from dealership to dealership looking for the right vehicle. Just because buying a used Full Article »
It’s a Bull Market After a year of on-and-off lockdowns and a bear market that saw some of the biggest losses on Wall Street since the 2008 financial crisis, the Full Article »
When you decide to buy a replacement vehicle, you have two options: new or used. Many people choose new. They may think that the car will last longer. They might Full Article »
When it comes to time-suck websites for gear heads, there are none finer than Bring A Trailer, where enthusiasts can browse for cars that are out of the mainstream (in Full Article »
Adding a whole new meaning to the phrase “hot car,” some profit-focused used car dealers in Japan are reselling cars contaminated by radiation from the Fukushima Daiichi reactor meltdown. Cars Full Article »
If data from CNW Research is accurate, there’s bad news on the horizon for new car shoppers. Early April sales show that transaction prices for new car sales in the Full Article »
Selling and leasing cars is a complicated business. If you’re a luxury brand like Porsche, chances are good that you lease a lot more vehicles than you sell outright. When Full Article »
Some time back, a colleague of mine announced he was shopping for a used Ferrari 308. “Don’t do it,” was the advice I gave him, because “there’s no such thing Full Article »
