1986 Ford F-150 pickup truck Photo: Ford By process of elimination, older used cars are becoming the purchase of last resort for bargain-hunting shoppers and those with subprime credit scores, analyst...
Tag: used cars
Economic Uncertainty, Higher Interest Rates Curb Demand For Used Cars, Trucks
Used cars for sale in El Cerrito, Calif. Getty Images Inflated used-vehicle prices have started to come down at the wholesale level, and that implies consumer demand may also have declined, due to hig...
Carvana Stock Drops Amid Used Car Price Declines
Getty Images Key takeaways Used car marketplace Carvana saw its stock plunge 48% in two days after abysmal third quarter earnings Carvana stock is down almost 97% year-to-date (YTD) as an overheated a...
Plunging Gas Prices Expose Fickle EV Flirtation
Declining gasoline prices are affecting interest in electric vehicles. getty When what went up, goes down, it doesn’t go alone. That’s what’s happened in the fickle flirtation betwee...
How This Mexico-Based Used-Car Seller Became The Most Valuable Startup In Latin America
Used-car sales unicorn Kavak is expanding to Chile, Colombia, Peru and Turkey, espousing transparency and efficiency in the fragmented used-car market. Founder and CEO Carlos García Ottati explains ho...
Why Some Prices Rise First And Others Later
Gas station in Los Angeles June 2021 (Photo by FREDERIC J. BROWN/AFP via Getty Images) AFP via Getty Images Some inflation commentaries emphasize how much of our recent inflation came from oil prices ...
Auto Production Wild Card For 2022 As Dealer Lots Remain Sparse
Production delays due to the global semiconductor shortage and supply chain issues have left dealer … [+] lots nearly empty. Ed Garsten Cars and trucks are trickling off assembly lines a little ...