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Q1 stats show more than ever are opting for seven-year loans for new vehicles.
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Edmunds rewards affordability, along with ‘efficiency’ in annual awards.
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Percentage in negative equity grows, and average amount owed reaches a record in Q4.
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New buyers, especially those with EV trade-ins, are feeling the brunt of depreciation as market normalizes.
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Fourth-quarter numbers show the consequences of pandemic-era practices.
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Edmunds recognizes stores participating in its program that got the best ratings.
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EV maker adjusts models’ range estimates after DOJ probe, Reuters exposė.
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Data show terms improving from the consumer standpoint, though some metrics hit record highs.
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Opposing market forces should achieve a balance; the question is whether a postpandemic norm has been established, Edmunds says.
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But report says that models are still selling for much more than before Covid, and at older ages.
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