MENU
SEARCHMENUSEARCH
Cheap oil prices in recent years have caused consumers to rediscover their love of SUVs, CUVs and trucks. Jumpstart Automotive said today that trend continued in the first half of 2016, with some notable exceptions.
Read More →An Edmunds analysis found that only 27.5% of all hybrid and EV trade-ins in 2016 have been applied to the purchase of another hybrid or EV, an 11.3% drop from last year’s rate of 38.5%. A larger percentage, 33.8%, of trade-ins are going toward the purchase of SUVs.
Read More →
F&I product providers and agents are keeping a close eye on used-vehicle prices, which they say are trending right into the hands of F&I offices.
Read More →
In the same month Consumer Reports advised consumers to skip vehicle service contracts, J.D. Power reported that vehicle dependability declined for the first time in 15 years.
Read More →Edmunds.com found that car buyers spent an average of $30,803 on new-car purchases last year. This data closely mirrors what 2011 survey participants anticipated to be spending in the future.
Read More →