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used cars

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    Report: Carfax slapped with $50M antitrust suit by 120 dealers
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    In December 2012 Automotive News published a piece on dealers unhappy with Carfax, alleging that the most well known used vehicle history reporting company had maneuvered itself into a monopolistic position. Dealers were paying the price for it by being charged more for Carfax reports than they'd ...

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    Report: Values of small used cars fall in lockstep with gas prices
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    The Detroit News reports used small-car prices are plummeting right along with fuel prices. The news comes courtesy of a National Automobile Dealers Association study, which says gas prices have dropped an average of 3.5 percent compared to last year. In yet another shocking reminder of just how ...

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    Edmunds: Honda and Acura best brands for retaining value
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    Honda and Acura have had their fair share of issues over the last few years – from earthquakes, tsunamis and floods to important new models not being all that well received – but that hasn't stopped them from claiming top honors in Edmunds' 2012 Best Retained Value Awards. According ...

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    Study: University study shows recalls have hardly hurt Toyota
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    If you think Toyota is still reeling from negative opinions stirred up by the company's rash of recalls in 2009, North Carolina State University has some news for you. According to a new study conducted by researchers at the institution, the recalls had "little to no impact" on how buyers see the ...

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    Report: Average age of car is record-setting 10.8 years old [w/poll]
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    Americans are driving their vehicles longer, as the average age of vehicles has nearly hit 11 years, according to a new study by Polk. Blame a wretched economy and more reliable modern automobiles, but cars and trucks continue to stay on the road much longer than they did 15 years ago, when the ...

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    Report: Tight used car supply has dealers looking in their own service bays
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    Used vehicle prices have been on a tear for over a year now, as slow new vehicle sales during the financial meltdown of 2009 have created a dearth of available used models today. Yet the sluggish economy means demand for used vehicles is high, so dealers are going to ever-increasing lengths to ...

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    Report: Canadians may soon be able to buy used cars from Mexico
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    Canada is opening its used car market to vehicles from Mexico to fulfill the obligations of the North American Free Trade Agreement (NAFTA). While vehicles 15 years old or older can already be imported to Canada, this move concerns late-model used vehicles. The only other country Canada accepts ...

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    Report: Used cars commanding record prices, sometimes cheaper to buy new
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    Just a couple years after U.S. auto sales plunged to their lowest levels in decades, dealers are finding an industry-wide shortage of used vehicles. This lack of used inventory has driven up the price of scarce pre-owned vehicles on lots, sending more and more consumers into aggressively priced ...

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    Report: Used car prices highest in 16 years, but might not stay that way
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    If you're looking to purchase a used car or truck, you may have noticed that the prices have been a bit higher than you may have expected. Maybe the salesman in the used car lot isn't willing to dicker as much as you may have expected. According to USA Today, the reason for this phenomenon is ...

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    Polk: People continuing to keep vehicles longer
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    Consumers are keeping their automobiles for longer periods than ever before, according to a study performed by the survey gurus at R. L. Polk & Co. For anyone keeping track of such things, this news comes as little surprise – average length of ownership has been steadily increasing at ...

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