SUV Value Retention: Best & Worst Brands

SUV Value Retention: Best & Worst Brands Updated: September 2023 The tables below show the difference between a 5-year-old car brand’s original average MSRP and current average used listing prices. This highlights how well the original value was retained over a period of 5 years for each brand.

SUV Value Retention: Best & Worst Models

SUV Value Retention: Best & Worst Models Updated: September 2023 The tables below show the difference between a 5-year-old car’s original average MSRP and current average used listing prices. This highlights how much of a vehicle’s original value was retained over a period of 5 years.

Tariffs Create Cloud of Uncertainty Over Spring Car Buying Season

Tariffs Create Cloud of Uncertainty Over Spring Car Buying Season While car prices across most sectors are stabilizing, tariffs could cause significant price increases for brands like Ford, Toyota, and Chrysler with models imported directly from Canada and Mexico With question marks remaining around the government’s EV tax credit, hybrid demand is picking up, with inventory down 10% year-over-year Chicago, IL – Tuesday, February 11, 2025 – While car prices overall are leveling off, the prospect of tariffs – now set to go into effect on March 1 for imports from Canada and Mexico – has muddied the forecast for the upcoming spring car buying season.

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Tesla Cybertruck: Viral Buzz and Backlash

Tesla Cybertruck: Viral Buzz and Backlash October 2024 With its angular and armored appearance, Tesla’s Cybertruck had a highly-publicized debut as the futuristic truck designed to revolutionize the auto market. There was no shortage of buyers or hype surrounding its release, with Tesla Chief Executive Elon Musk at one point stating that more than one million people held reservations ahead of the vehicle’s official release. Despite a rocky launch, with manufacturing challenges, recalls, and delays, Tesla has so far delivered more than 11,000 trucks to eager customers.

The Car Market Is Fundamentally Broken

The Car Market Is Fundamentally Broken At the four-year anniversary of the start of COVID-19, new and used car prices remain structurally inflated and will not return to pre-pandemic norms However, some relief is coming for consumers: Prices will start to ease somewhat in the coming months, presenting the biggest buying opportunity in years Chicago, IL – March 12, 2024 – While the COVID-era inflation of many goods and services has started to return to normal levels, the car market presents a stark contrast: Prices will never return to pre-pandemic levels.

The Great Leasing v. Buying Debate: EV Edition

The Great Leasing v. Buying Debate: EV Edition September 2024 The decision about whether to lease a car versus buy is a classic conundrum for car buyers. Recently, it’s a discussion that’s been heating up in the EV space, particularly on social media – and due to a loophole in the federal EV tax credit, the answer may be surprising. Traditionally, the advice to consumers on this debate has been, when you’re able, to buy a car, rather than lease.

The Party Is Over for Falling Used Car Prices

The Party Is Over for Falling Used Car Prices While consumers have benefited for the past year from falling used car prices, strong summer sales and fewer cars coming off-lease will put upward pressure on prices  With interest rates set to be lowered in September, many new car shoppers will have more flexibility and options in the coming months While consumer interest in electric vehicles continues to wane, one bright spot in the market is affordably-priced EVs

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