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Used Car Price Gap Grows to $15K in Q3 Report

Used Car Price Gap Grows to $15K in Q3 Report

Edmunds’ latest Used Car Report finds high off-lease volumes have suppressed prices and widened the gap between new and 3-year-old models to an average of $14,951.

December 13, 2019

Q3 Auto Finance: Used Accounts for 55% of Loans
Pre-Owned Values Down 1.4% in November

Pre-Owned Values Down 1.4% in November

Black Book reports retained values for used vehicles decreased sharply last month. If the index holds through December, it will end 2019 on a year-over-year decline of nearly 2%.

December 2, 2019

Report: Spike in Wholesale Volume Hurts Pre-Owned Values
Used Trucks Lost More Value Than Sedans in October
Consumers Prioritize Affordability as Loan Amounts Increase
September Depreciation Report Shows 1% Overall Decline
Summer’s End Puts Retention Index on Downward Track
Report: Used-Vehicle Prices Up 2% From 2018

Report: Used-Vehicle Prices Up 2% From 2018

J.D. Power’s latest index finds average prices for used vehicles were up 2% year-over-year in August. Analysts say the segment will continue to drive profits for dealers for the foreseeable future.

September 20, 2019

PAR Gets masterQueue Skip Tracing Platform

PAR Gets masterQueue Skip Tracing Platform

PAR North America announced an expansion of its partnership with masterQueue, adding the latter’s skip tracing technology in an effort to increase recovery rates.

September 19, 2019

Cox: Franchised, Independent Dealers See Two Different Markets
Prime Buyers Flock to Used Vehicles in Q2 Report

Prime Buyers Flock to Used Vehicles in Q2 Report

Experian’s Q2 auto finance report consumers continue to uncover ways to manage monthly payments. For a record percentage of prime borrowers, that meant passing on a $32,000-plus new-vehicle loan in favor of a pre-owned unit.

September 5, 2019

Hot August: Subcompacts Lead 1.4% Gain in Retained Values
Black Book: Retained Values Flat in July

Black Book: Retained Values Flat in July

Black Book’s Used Vehicle Retention Index showed no change overall from June to July, but a closer look reveals ‘very clear trends’ in several key segments.

August 6, 2019

Rising Loan Amounts Drive Consumers to the Used-Vehicle Market

Rising Loan Amounts Drive Consumers to the Used-Vehicle Market

The auto finance segment is growing at a healthy rate, but average new-vehicle loan amounts are outpacing the market, driving an increasing number of car buyers — including those with prime and superprime credit scores — out of the showroom and onto the used-car lot.

July 18, 2019