Well, that was short lived. After 21 straight weeks of appreciation, it had looked like used car prices were finally returning to normal (aka depreciating). Following the 21 straight weeks of...
Month: Last updated Nov 19, 2021
Topic . Guides
New Vehicle Inventory Levels Hit All Time Low (Ford, Honda, Toyota)
New vehicle inventory levels have plummeted. The ongoing semiconductor shortage has caused automakers to cut production. Drive around town and you'll see your local car dealership likely doesn't...
Buying a Car in Another State: The Latest Updates For 2024
Buying a car is already a complex process, and purchasing a vehicle in another state can make it even more overwhelming. With inventory levels fluctuating, many car buyers are expanding their search...
How We Ran out of Cars in the US
As a result of the global pandemic, we have seen changes across every industry. The automotive sector has experienced some of the most dramatic. It’s not unethical to say that we’re running out of...
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New Cars
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Negative equity, or owing more on a car loan than the vehicle’s market value, continues to rise as inflationary pressures and long loan terms take their toll on car buyers. CarEdge, in partnership...
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Car insurance premiums are surging at an unprecedented rate, and it’s hitting wallets hard. Over the past year, auto insurance costs have risen by 13%, following a nearly 51% increase since late...
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