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Three-year-old used cars currently sell for about 16 percent more than they did this time last year, according to Edmunds.com. Typically, used-car prices rise 4.6 percent from year to year.
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Edmunds.com estimated today that the average automotive manufacturer incentive in the U.S. was $2,557 per vehicle sold in September 2009, up $83, or 3.4 percent, from August 2009, and down $344, or 11.9 percent, from September 2008.
Read More →This month's new vehicle sales (including fleet sales) are expected to be 742,000 units, a 22.9 percent decrease from September 2008 and a 41.1 percent decrease from August 2009, according to Edmunds.com.
Read More →The success of “Cash for Clunkers” in August created one of the biggest aberrations in the auto industry’s sales history, leading Edmunds.com analysts to predict September’s seasonally adjusted annual rate (SAAR) of 8.8 million.
Read More →Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,475 per vehicle sold in August 2009, down $231, or 8.5 percent, from July 2009, and down $327, or 11.7 percent, from August 2008.
Read More →This month's new vehicle sales (including fleet sales) are expected to be around 1.17 million units, nearly a six percent decrease from August 2008 but up nearly 18 percent from July 2009, according to Edmunds.com.
Read More →Since the General Motors-eBay program launched, the number of site visitors conducting GM vehicle pricing research has jumped 10 percent higher in California than it has in the other 49 states, according to Edmunds.com.
Read More →The rush of automotive sales activity brought on by the "Cash for Clunkers" program is fading fast, according to Edmunds.com, whose latest study of car buyer behavior indicates that automotive purchase intent is down 31 percent from its peak in late July.
Read More →Nearly three weeks after its initial launch, consumer interest in the government-funded “Car Allowance Rebate System” has already declined by 15 percent, according to purchase intent data from Edmunds.com.
Read More →The federal “Cash for Clunkers” program generated a SAAR shopping rate of 19.6 million and boosted the percentage of trade-in vehicles involved in new-car sales, according to Edmunds.com.
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