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The average three-year-old used vehicle cost buyers $14,443 less dollars then its new equivalent during the second quarter of 2019, according to the latest Used Vehicle report from Edmunds.
Read More →Edmunds is forecasting 1,392,434 new vehicles sales through September, representing a 5.4% decline from March and an 8.3% decline from the same time last year.
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The used-vehicle industry reached a record-breaking 39.2 million in sales in 2017, representing a 1.6% year-over-year increase, according to the latest Used Car Report from Edmunds.
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Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.
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A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.
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Edmunds.com found that Honda’s average projected retained value is 50.4%, while Lexus’ average projected retained value is 48.1%. The award is based on the average five-year retained value of the carmaker’s 2011 models.
Read More →Rankings are based on five-year projections for all models across five vehicle segments.
Read More →Rankings are based on five-year projections for all models in five vehicle segments.
Read More →Edmunds.com's cross-shopping analysis indicates that 46 percent of Mercury shoppers currently consider Ford vehicles, and that Chevrolet and Honda are also popular alternatives.
Read More →With the limited supply of used vehicles, shoppers can save as much as $8,460 by purchasing a new car instead of a used version of the same vehicle.
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