#used-cars

#used-cars

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

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

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.

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

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

Motorist sentiment on buying used cars has dropped significantly in the last six months.

Using a VIN decoder can help prevent buying a problematic used car by revealing its complete history.

Safety ratings are essential in choosing a vehicle, prioritizing occupant protection over personal preferences.

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

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

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.

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.

Used plug-in hybrids (PHEVs) offer potential benefits but come with unique complexities and uncertainties regarding reliability and value over time.

Government tax credits for plug-in vehicle purchases significantly lower costs, especially for used models starting in 2024, making EVs more accessible to buyers.

Hertz is offering Tesla Model 3 rentals for purchase at significantly lower prices than the market average.

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

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.

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

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

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

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

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

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.

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

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