Tag: Auctions

These numbers show why it’s so hard to find second-hand EVs

The scarcity of battery EVs is pushing prices higher. “The used market for EVs at the moment is probably artificially inflated purely because there’s not enough supply for the demand that exists,” Mr

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Online Second-Hand Car Trading Service Market is Booming Worldwide

PRESS RELEASE Published June 27, 2023 Advance Market Analytics published a new research publication on “Global Online Second-Hand Car Trading Service Market Insights, to 2028” with 232 pages and enriched with self-explained Tables

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Buying a used car? Here are the questions to ask – Drive

15:0023 June 2023 View 2 images When buying a used car, you have three main purchase avenues: a dealership, an auction house, or a private seller either in person or online. But wherever you

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This used Tesla Model S is the cheapest way into the electric car market

The BYD Dolphin is Australia’s cheapest new electric car, with a sticker price of $38,890 before on-road costs. But it’s not the cheapest way into an electric car… That honour could well belong

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Wholesale Used Car Prices Declined in May

The wholesale prices used car dealers pay for the cars they later sell decreased by 2.7% in May. According to the Manheim Used Vehicle Value Index, wholesale auction prices are now about 7.6%

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How do you import a car from overseas? – Drive

11:0622 May 2023 View 8 images We’ve all done it before – spent hours navel-gazing at cars for sale on various overseas classifieds, websites or auctions. Whether a cut-price supercar or a Japanese microcar

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Why used-car dealers are cautious despite strong demand

When wholesale used-vehicle prices fell during the second half of 2022, many dealers chose to hold off on stocking inventory because they didn’t want to risk it declining on their books, said Chris Frey,

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Used-car April retail sales estimated to fall by 8%

Published: May 5, 2023 at 4:46 p.m. ET Used-car April retail sales fell an estimated 8% year-over-year, Cox Automotive said Friday. Average retail listing prices, however, are still trending higher, Cox said. But

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Used Car Wholesale Prices Drop Significantly

Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from

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Do I Keep My Car or Trade It In?

Quick Facts About Trading In a Car For car owners, one age-old question is, should I keep my car or trade it in? It’s not easy to answer because the best time to

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