32 Articles
Flooding from Hurricane Harvey destroys thousands of vehicles

After a disaster, the National Insurance Crime Bureau works with companies and authorities to identify cars with insurance claims to process them for sale.

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5 of the 10 best-selling used cars from 2013-2015 are electrified

The most in-demand was the Toyota Prius Plug-In.

Based on days spent on dealer lots, electrified vehicles are a hit on the secondary market. The three best sellers are the Model S, Leaf and Plug-in Prius.

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Nissan Leaf depreciates worse than any other car [UPDATE]

Nissan Leaf owners, there's some bad news if you're selling your car. A new study reveals that nearly half the EV's value is lost with the first owner.

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Used Nissan Leafs had biggest residual value drop in March

Trend Echoes New-Car Demand Pace For Electric Vehicle

Nissan Leaf used-car sale prices plunged during the first quarter, while overall used-car prices rose.

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Lots of used, cheap-ish Fisker Karmas available right now

Most Priced in $50,000-60,000 Range

Plenty of Fisker Karma extended-range plug-in hybrids are there for the taking on the used car market ahead of 2016 relaunch.

Texas Has Most Used Cars For Sale With Active Recalls In U.S.

3.5 million cars for sale in need of repair

New research from Carfax found 3.5 million used cars are currently for sale in the U.S. with unfixed safety recalls. There are about 300,000 in the state of Texas alone, according to NBCDFW.

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CarMax earns a round of applause for Super Bowl ad

The slow clap, a cliche of sports movies, has been taken to its logical conclusion - use in a commercial for buying a used car. CarMax has unveiled its 2014 Super Bowl commercial, which focuses on a man buying his "perfect" used car.

Nissan Buys Old Maxima After Seeing Owner's Funny Video

Filmmaker's advertisement for his car garnered a lot of attention

According to Luke Akers' video, his 1996 Nissan Maxima GLE can get you "from point A to B ... most of the time."

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Will EV lease prices go up thanks to ALG's new lower residual values?

Is the US plug-in vehicle market going to be derailed by a vicious cycle of lower sales and their impact on residual vehicle values? That's one question that may be worth asking after ALG Inc. reduced residual values – the valuation of vehicles that are returned after leases end – for plug-ins and hybrids.

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Nissan Leaf EV ready for certified pre-owned program

Consider this week a cosmic passing of the torch. As legendary Southern California auto dealer Cal Worthington (sans his dog Spot) left this world for that great dealership in the sky, Nissan was making preparations for its all-electric Leaf to make its debut in the realm where good 'ol Cal reigned supreme: the used car lot.

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Nissan Leaf holds value better than Chevy Volt, Toyota Prius

If you drive a Nissan Leaf and aren't completely satisfied with it, now'd be a pretty good time to sell.

Study
University study shows recalls have hardly hurt Toyota

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 Japanese automaker. Robert Hammond, an assistant professor of economics at NCSU, says the research specifically looked at the used car market to negate the impact of outside factors like incentives, mar

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CA dealers must affix new warning sticker to salvaged vehicles

California has passed new a new law that further regulates the car-buying process, and the changes appear to be mostly positive. Automotive News reports that, beginning next July, dealers will need to slap a red warning sticker on any vehicle with a salvage title. That means any vehicle that has been legally deemed flood-damaged, junked or salvaged will receive the ominous label.

Polk: People continuing to keep vehicles longer

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 an average rate of 3.7 percent annually.

Deal of the Day: 2008 Tesla Roadster for $79,900 - depreciation hurts!

Any competent financial advisor will tell you that, almost invariably, buying a brand new car is a bad investment. With very few exceptions, as soon as you drive a new car off the lot, its value drops significantly. Hopefully, the now publicly traded stock of Tesla Motors will fare better than the price of a used Tesla Roadster.

This one's just fine, thanks; car owners putting 50,000 more miles on their cars

Lifecycle CO2 analysis. Higher miles per gallon ratings for new vehicles. End-of-life recycling. These things will matter to fewer and fewer people because, AutoMD has some interesting numbers out this week about how long people are keeping their vehicles these days. An online survey of car owners conducted in December and January found that about 77 percent plan on driving their current vehicles a total of 50,000 miles more than their previous vehicles. Considering the annual average for U.S. d

It's On Like Donkey Kong: Jilted Hyundai Genesis Coupe buyer jilted again, lawyers up

This ended about how we predicted. You all no doubt remember McFly, the guy that won a legit eBay auction for a slightly used Hyundai Genesis Coupe 2.0T for $16,125. Problem was that the seller – Glenn Hyundai of Lexington, KY – felt the car was worth more ($19,700) and refused to sell it to McFly. They claim they set a reserve price (even though they didn't) and wouldn't budge. End of story, kind of.

STUDY: Used car prices reached all-time high in September

New car sales have been in a downward spiral for over a year now, and the big beneficiaries appear to be used cars (and repair shops). A study by Manheim Consulting shows that the company's Used Vehicle Value Index has risen to a record high of 118.5 in the month of September, up 1.8% versus August. That's the ninth straight increase this year, as Manheim's index has steamrolled northward by 6.9% over the past 12 months.

Some used cars going for more than new ones

The lagging sales of new vehicles has been well documented, forcing retailers and manufacturers to offer some pretty amazing deals just to move their metal. Sometimes, the price of a brand new car is so good that it doesn't make sense to purchase a used vehicle.

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