The automotive market has witnessed an extraordinary transformation over the past two decades, with crossovers emerging as the dominant vehicle segment globally. These vehicles, which blend the practical utility of SUVs with the driving comfort…
In today’s automotive marketplace, the dynamics of buying and selling used cars have evolved dramatically, shaped by consumer preferences, economic factors, and the changing landscape of vehicle technology. One of the key distinctions in this…
Unless you’re purchasing an ultra-rare exotic vehicle from one of the world’s most exclusive automakers, any new car will begin to depreciate the moment it leaves the dealership lot. From that point onward, its value…
Recently, the automotive research outlet revealed that the average transaction price for a new vehicle reached an all-time high in December 2024. In addition to this, we also observed a modest increase in the prices…
Purchasing a new car can be both exciting and challenging. While buying something new (or at least new to you) might feel thrilling, the actual process of car shopping isn’t always the most enjoyable part…
The Failure of the U.S. to Regulate the Used Car Market
The used car market in the United States plays a significant role in the automotive industry, providing affordable transportation options for millions of Americans. However, the lack of effective regulation in this market has led…
Rising Costs and Supply Shifts Reshape Car Market as Dealers Brace for 2025 Challenges
The automotive market is set for another year of both opportunities and challenges for dealers. In 2024, sales increased due to better incentives and greater inventory availability, helping boost demand. However, shifting economic factors in…
