Top Selling Used Cars: United States | May 2024

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Top-Selling Used Cars by Metro

Top-Selling Used Cars by Metro Powered by CoPilot’s proprietary data, here are the latest stats on the top-selling Models of used cars by the largest metro areas in the United States: New York Los Angeles Chicago Houston Phoenix Philadelphia San Antonio San Diego Dallas San Jose more coming shortly…

Truck Value Retention: Best & Worst Brands

Truck 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.

Truck Value Retention: Best & Worst Models

Truck 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.

UAW Strike Impact: Market Metrics

UAW Strike Impact: Market Metrics Updated: October 2023 The tables below show changes over time for brands and models affected by the UAW strike. The UAW strike began September 15, 2023 and affects the Big Three automobile manufacturers: Ford, General Motors, and Stellantis. Note that MDS measures availability by dividing the current car supply by the average sales rate over the past 45 days.

Undaunted by Record-Setting Interest Rate Hikes, Surprisingly Resilient Car Market Demand Defies Expectations

Undaunted by Record-Setting Interest Rate Hikes, Surprisingly Resilient Car Market Demand Defies Expectations While used car prices overall have dropped by almost 4% from this year’s peak, multiple interest rate hikes have erased any savings passed onto buyers in real terms Chicago, IL – November 1, 2022 – In the face of the Federal Reserve’s unprecedented interest rate hike campaign, consumer demand in the car market has remained remarkably strong, according to new data and analysis from leading car shopping app CoPilot.

Under The Hood – 3 Things To Check In An Engine Bay with Robert & Jeff // CoPilot for Cars Podcast

Under The Hood – 3 Things To Check In An Engine Bay with Robert & Jeff CoPilot for Cars Podcast November 30, 2022 Looking to buy a used car soon? Don’t go before hearing these tips for understanding and evaluating what’s under the hood. Engine bay breakdown & 3 key things to check with CoPilot’s car expert, Jeff. Three things he recommends looking for signs of are: extensive repairs or other work, accidents or damage, and fluids or leaks.

Used Car Demand Surges in January As Prices Fall for Seventh Consecutive Month

Used Car Demand Surges in January As Prices Fall for Seventh Consecutive Month As sales volumes increase and dealer inventory diminishes, price declines have become more modest, and may even be poised to rebound For consumers in the market for a used car, the current moment may represent the best opportunity to buy for the next several months There has never been a better time in history to buy an electric vehicle, with used EVs prices down 3% in January and used Tesla prices down by 5%

Used Car Inflation Finally Turns Negative. Older Models Will Lead the Market’s Recovery in 2023

Used Car Inflation Finally Turns Negative. Older Models Will Lead the Market’s Recovery in 2023 Used car prices show the first year-over-year decline since the onset of the COVID-19 pandemic – a major milestone on the car prices’ return to normal Prices of used cars 4 years and older have fallen by an average of 13% from their peak levels, while 1-3 year old cars have dropped by 8% However, with more interest rate hikes promised for 2023, price declines continue to be offset by increasing lending costs

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