#used-cars

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Beyond the mileage: Key factors every buyer should consider - London Business News | Londonlovesbusiness.com

Maintenance history is more important than mileage when assessing used cars.
Finding a balance between age and mileage is key to reliability.
Driving environment significantly affects vehicle wear and tear.
#tesla

Prices for Used EVs Are Cratering

Used EV prices are significantly dropping, falling below gas cars' prices, as consumers reject premium pricing for electric vehicles.

Hertz's Tesla Fire Sale Continues As Depreciation Costs Mount

Hertz is facing a drastic increase in EV depreciation, forcing it to sell off 30,000 electric vehicles by 2024.

Tesla Model Y Long Range Used Prices Plummet To Under $25,000

Despite new Tesla sales decline, used Model Ys sell fast, offering good value with tax credits and impressive battery longevity.

Prices for Used EVs Are Cratering

Used EV prices are significantly dropping, falling below gas cars' prices, as consumers reject premium pricing for electric vehicles.

Hertz's Tesla Fire Sale Continues As Depreciation Costs Mount

Hertz is facing a drastic increase in EV depreciation, forcing it to sell off 30,000 electric vehicles by 2024.

Tesla Model Y Long Range Used Prices Plummet To Under $25,000

Despite new Tesla sales decline, used Model Ys sell fast, offering good value with tax credits and impressive battery longevity.
moretesla
#electric-vehicles

Tesla Model 3 wins big in 2024 What Car? electric car awards

Tesla Model 3 excels in What Car? 2024 electric vehicle awards, winning both new and used categories.

The cost of buying a used electric car is plummeting-and that's great news for mass adoption, but bad news if you already bought one

New electric cars are more affordable, boosting EV adoption but frustrating existing owners whose vehicles are rapidly losing resale value.

Tesla Model Y Prices Have 'Largest Year-Over-Year Drop'

The Tesla Model Y remains the top-selling EV in the U.S., reflecting strong demand in a tough used car market.

Used car sales climb as consumers shy away from new vehicles

The UK's used car market is growing as consumers prefer affordable second-hand vehicles over new ones, with significant gains in electric vehicle sales.

Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget

Used electric vehicles are now more affordable thanks to new tax credits in 2023.
It's crucial for buyers to match EV features with their driving habits and environments.

Tesla price cuts and lack of new models are driving a used EV surge among buyers

Tesla's price cuts are enhancing consumer interest in used electric vehicles, making them more accessible and appealing.

Tesla Model 3 wins big in 2024 What Car? electric car awards

Tesla Model 3 excels in What Car? 2024 electric vehicle awards, winning both new and used categories.

The cost of buying a used electric car is plummeting-and that's great news for mass adoption, but bad news if you already bought one

New electric cars are more affordable, boosting EV adoption but frustrating existing owners whose vehicles are rapidly losing resale value.

Tesla Model Y Prices Have 'Largest Year-Over-Year Drop'

The Tesla Model Y remains the top-selling EV in the U.S., reflecting strong demand in a tough used car market.

Used car sales climb as consumers shy away from new vehicles

The UK's used car market is growing as consumers prefer affordable second-hand vehicles over new ones, with significant gains in electric vehicle sales.

Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget

Used electric vehicles are now more affordable thanks to new tax credits in 2023.
It's crucial for buyers to match EV features with their driving habits and environments.

Tesla price cuts and lack of new models are driving a used EV surge among buyers

Tesla's price cuts are enhancing consumer interest in used electric vehicles, making them more accessible and appealing.
moreelectric-vehicles

I rented a 2023 Chevrolet Bolt EV for the summer. It won't wow anyone, but it is reliable - with one downside.

The 2023 Chevrolet Bolt EV offers an affordable entry point for electric vehicle buyers, especially with federal incentives.
#uk-market

Essential guide to buying used cars for sale in the UK - London Business News | Londonlovesbusiness.com

The UK used car market is thriving, driven by rising prices of new cars and changing consumer behavior.
Cost considerations are paramount for buyers, making used cars an attractive option due to their reduced depreciation.

Used Cars for Sale UK: Affordable Options from SAT Japan

Buying used cars in the UK provides significant financial benefits like lower purchase prices and insurance costs.

Essential guide to buying used cars for sale in the UK - London Business News | Londonlovesbusiness.com

The UK used car market is thriving, driven by rising prices of new cars and changing consumer behavior.
Cost considerations are paramount for buyers, making used cars an attractive option due to their reduced depreciation.

Used Cars for Sale UK: Affordable Options from SAT Japan

Buying used cars in the UK provides significant financial benefits like lower purchase prices and insurance costs.
moreuk-market
#fraud

Mass. car dealer wanted for fraud, involving dozens of victims, arrested

The owner of a Swansea used car business has been arrested in a fraud investigation involving dozens of victims defrauded out of vehicle titles.

Mass. car dealer wanted in vehicle fraud scheme

A used car business owner in Swansea is charged with fraud for selling cars without title and registration.

Mass. car dealer wanted for fraud, involving dozens of victims, arrested

The owner of a Swansea used car business has been arrested in a fraud investigation involving dozens of victims defrauded out of vehicle titles.

Mass. car dealer wanted in vehicle fraud scheme

A used car business owner in Swansea is charged with fraud for selling cars without title and registration.
morefraud

Motorway grows revenue by 48% in the last year - London Business News | Londonlovesbusiness.com

Motorway achieved remarkable financial growth in FY2023, indicating a path towards profitability and improved operational efficiency.

Used Tesla Model 3 Prices Have Biggest One-Year Drop

The used car market is becoming more affordable, especially with significant price drops in vehicles like the Tesla Model 3.
#inflation

Used Car Prices Collapse

Inflation concerns eased as the consumer price index rose only 2.9% in July, indicating potential economic improvement.

You may not have noticed your big-ticket purchases are getting cheaper

Despite a 2.5% rise in overall consumer prices, prices for durable goods, like furniture and used cars, are falling.

Used Car Prices Collapse

Inflation concerns eased as the consumer price index rose only 2.9% in July, indicating potential economic improvement.

You may not have noticed your big-ticket purchases are getting cheaper

Despite a 2.5% rise in overall consumer prices, prices for durable goods, like furniture and used cars, are falling.
moreinflation

EpiCar's Daily Auctions Revolutionize Used Auto Sales for Dealers

EpiCar offers a revolutionary solution for dealers in a challenging used car market through daily auctions and AI-driven insights.

The Most Reliable Used Audi Models You Can Buy in Pune

Audi used cars provide luxury and reliability at a more affordable price for buyers in Pune.
#consumer-reports

This Chrysler Vehicle Is the Least Reliable

Reliability is a key factor for car buyers, with additional considerations like fuel efficiency, safety, pricing, and comfort. New cars may not always guarantee reliability over used models.

The 10 best budget-friendly used cars under $20,000

Consumer Reports identified 10 top used cars under $20,000, focusing on value, reliability, and safety in light of high average used vehicle prices.

Consumer Reports ranks used cars for the first time

Consumer Reports now provides used-car recommendations to help shoppers find reliable options within their budget.

Avoid These 5 Toyota 4Runner Years at All Costs

The Toyota 4Runner is a reliable SUV choice, but consumers should avoid certain model years known for issues.

This Chrysler Vehicle Is the Least Reliable

Reliability is a key factor for car buyers, with additional considerations like fuel efficiency, safety, pricing, and comfort. New cars may not always guarantee reliability over used models.

The 10 best budget-friendly used cars under $20,000

Consumer Reports identified 10 top used cars under $20,000, focusing on value, reliability, and safety in light of high average used vehicle prices.

Consumer Reports ranks used cars for the first time

Consumer Reports now provides used-car recommendations to help shoppers find reliable options within their budget.

Avoid These 5 Toyota 4Runner Years at All Costs

The Toyota 4Runner is a reliable SUV choice, but consumers should avoid certain model years known for issues.
moreconsumer-reports
#market-trends

The Used Car Dealers Can't Seem to Get Rid Of

The used car market is currently one of the worst since 2009, with a significant decline in prices.

Used Car Prices Crumble

Used car prices have dropped significantly in early 2024, marking a major decline in the market.
The future of used car prices remains uncertain, potentially impacting consumers and the auto industry.

Falling prices mean almost half of motorists could be in the market for a used car

46% of motorists considering buying used cars due to recent price falls
Used car prices dropped by almost 20% in the last year

The Used Car Dealers Can't Seem to Get Rid Of

The used car market is currently one of the worst since 2009, with a significant decline in prices.

Used Car Prices Crumble

Used car prices have dropped significantly in early 2024, marking a major decline in the market.
The future of used car prices remains uncertain, potentially impacting consumers and the auto industry.

Falling prices mean almost half of motorists could be in the market for a used car

46% of motorists considering buying used cars due to recent price falls
Used car prices dropped by almost 20% in the last year
moremarket-trends

Would you pay $13,984 for 10-year-old Southern California car?

Southern California drivers face high costs for older used cars, driven by market demand and rising prices.
Older cars make up a larger share of used car sales, reflecting affordability trends.
The quality of older vehicles has improved, increasing their appeal to budget buyers.

FTC Announces Wide-Ranging Settlement with CarShield

Used car buyers may seek warranty alternatives like CarShield, but recent settlement exposes discrepancies in promised coverage.

MOTORS Acquires Cazoo Brand, Set to Launch Innovative Digital Marketplace

MOTORS acquires Cazoo to create a modern digital marketplace for used cars.

People Buying Cars Hate Touch Screens, Instead Getting Used Cars With Knobs and Buttons

Drivers are opting for used cars over new ones due to distraction, safety concerns, and high costs, leading to an increase in the average age of vehicles on the road.
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