March 11 (Reuters) - Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new ...
A closely watched barometer for used vehicle pricing jumped last month. Cox Automotive on Friday reported its Manheim Used Vehicle Value Index — which tracks prices of used vehicles sold at its U.S.
The number of used electric vehicles is increasing as leases from the early 2020s are returned to dealerships. A federal tax credit loophole for leased EVs, which classified them as commercial ...
With new car prices hovering around $50,000 these days, buying used can feel like a no-brainer because of how much new cars depreciate in their first few years. New vehicles typically lose about 30% ...
The first Tesla customers took delivery of their cars in 2008, which means there's been plenty of time to buy, enjoy, and sell a Tesla. Some people sell their Teslas because they don't like them, ...
Gina Young is an accomplished finance writer who has written for publications including SuperMoney, Examiner, Lexington Law, Talk Markets, and CreditRepair.com. Throughout her career in finance, Gina ...
We get it. You're the practical type, and you understand that the benefits of a minivan outweigh whatever perceived stereotypes the public has about the segment, but you also don't want to spend a lot ...
Vaughan Automotive also reported the highest average used-vehicle revenue per dealership in 2024: $82 million. Corwin Automotive Group followed with an average of $56 million per store.
From intern to editor, Damian Adams' story reads like a well-written novel where he steadily worked to become the youngest-ever editor of South Africa's leading motoring publication, CAR Magazine. He ...
Tesla has started offering leases of certified pre-owned cars, which is relatively rare in the industry, with $0 down as it desperately tries to move vehicles before the end of the quarter. With the ...
A new study analyzed over 700,000 used car listings and odometer readings from 368 million vehicles to determine which used models offer the best balance of reliability, longevity, and value. The ...