Consumers Find Ways to Cut Car-Purchase Costs
Q1 numbers show they’re trying new tacks to combat the effect of high interest rates, still-high vehicle prices.
Q1 numbers show they’re trying new tacks to combat the effect of high interest rates, still-high vehicle prices.
April access tightened across all channels.
Still worse year-over-year, since prices and loan rates are elevated.
The three biggest compliance concerns dealers faced throughout the year.
TransUnion says third-quarter shift driven by inflation, rising interest rates, and continued lower inventories.
Demand, despite market pressures, remains elevated, keeping supply tighter.
Edmunds data show how new-model prices ballooned and by how much.
The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
Consumers paying more and more as interest rates stretch costs to new highs.
Inflation-fighting series cuts further into consumers’ ability to afford purchases such as cars.
The market continued to experience growth last week, with gains far exceeding what is typically seen this time of year.
Multiple factors drive down purchase costs, which is still well above what most households can afford.
J.D Power study finds millennial men lead the segment, with Gen X close behind.
Used-retail active listing volume index index sits at 0.99 points.
Average transaction figure just a tad over MSRP, far below a year ago.
Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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