January brings pricier used cars, improved consumer confidence
Used-vehicle values have remained resilient into 2021, but consumer confidence has struggled to reach normative levels amid the pandemic, according ...
Tag: used vehicle prices
Used-vehicle prices increase, inventory outpaces norm
Rising used-vehicle prices, recovering supply and low delinquencies point to improving health for the auto industry. The Manheim Used-Vehicle Value ...
Auto industry experts predict tight supply, price increases in 2021
Supply will remain one of the greatest barriers to new-vehicle sales in the coming months, with inventory sitting 17% below ...
COVID drives 10K-mile lease promotions
Many consumers have eliminated their daily commute due to the COVID-19 pandemic, prompting an increase of lower mileage leases as ...
Used-vehicle prices remain seasonally strong
Used-car prices have again increased as the industry enters the holiday season. The mid-November, seasonally adjusted Manheim Used Vehicle Value ...
Vehicle sales ‘claw back’ from pandemic lows
Vehicle sales are still below last year’s levels but point to continued recovery for the auto industry. Total new-vehicle sales ...
Residual values expected to remain high in 2023
Economic recovery, coupled with a lack of used-vehicle supply, could keep residual values high for the next three years. “When ...
‘Inventory is king’ as supply drives competition
The U.S. auto industry’s third quarter was marked by competition driven not by price, but by supply, Brian Finkelmeyer, senior ...
