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September 10, 2026 | fleetvrcg | Uncategorized
Credit to Mr. Richard Greene Sept 10, 2026: Used vehicle demand remains elevated, with growing demand for the youngest and oldest models, while new vehicle demand ticked up slightly but remains off 2025’s pace, according to CarGurus’ August Intelligence Report. Driving the news: Though cooling from a three-year peak in the spring, demand in the […]
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August 13, 2026 | fleetvrcg | Uncategorized
August 2026: A new report from iSeeCars shines a light on the 38.2% increase in the prices of 3-year-old vehicles over the last seven years since the pandemic. A popular 3-year-old model was running $23,624 in 2019. Now, only 11.4% of vehicles of that age are under $20,000. It’s even rare to find a 5-year-old […]
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July 23, 2026 | fleetvrcg | Uncategorized
From Cox Automotive this week (Mid July 2026….): Used vehicle sales dropped a slight 1.6% in June, while prices were up 6% year-over-year, according to data from Cox Automotive. Driving the news: Used retail sales started a slowing trend after a busy spring tax season in the data from Cox Automotive’s vAuto. The numbers show […]
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June 29, 2026 | fleetvrcg | Uncategorized
The used EV market continues to expand, supported by improving supply and a growing wave of off-lease returns, reinforcing the used market’s increasing role in broadening consumer access and supporting overall EV adoption, according to the latest numbers released by Cox Automotive on June 16. That meant the EV market overall showed further signs of […]
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April 23, 2026 | fleetvrcg | Uncategorized
With the number of off-lease vehicles finding their way back to dealer lots dwindling, certified pre-owned sales continue to lag. CPO sales dropped 11.2% year-over-year in March, according to data from Cox Automotive. What we know: CPO sales slumped, even as overall used sales finished only slightly down, 2.9%, from March 2025, when sales surged […]
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April 13, 2026 | fleetvrcg | Uncategorized
According to Cox Automotive today, April 13 2026: Manheim wholesale prices for used vehicles rose year over year in March, driven in part by stronger consumer demand for used cars. The details: According to Cox Automotive, its Manheim Used Vehicle Value Index (MUVVI) rose to 215.3, up 6.2% YoY and marking its highest level since […]
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March 15, 2026 | fleetvrcg | Uncategorized
From a March 13, 2026 Cox Automotive report: According to Cox Automotive’s analysis of vAuto Live Market View data, February used-vehicle inventory levels were down month over month but higher than in February 2025. The used-vehicle sales paces improved in February, as prices softened modestly from January. Nationwide, dealers – both franchised and independent – […]
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March 7, 2026 | fleetvrcg | Uncategorized
From the March 7 2026 edition of the Wall Street Journal: When the German automaker Volkswagen revealed it would create a brand called Scout Motors—with a lineup of rugged, all-American electric and hybrid trucks and SUVs—Fred Ippolito started making plans. Ippolito, a Volkswagen dealer, bought a vacant retail lot next door to his dealership in […]
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February 21, 2026 | fleetvrcg | Uncategorized
From this week’s (February 21, 2026) edition of the Car Dealership Guy (which is a pretty good source of current information…): Despite federal tax credits ending, used EV sales have risen sharply, according to a first-quarter report from Recurrent. That shift equals opportunity for U.S. dealers navigating affordability pressures and historically tighter overall used supply. […]
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February 12, 2026 | fleetvrcg | Uncategorized
From the February 12, 2026 issue of “Issues and Insights”: When Stellantis last week announced it was writing down $26 billion, the CEO of the car company that now owns Chrysler, Antonio Filosa, said it was “part of a decisive process we started in 2025 to once again make our customers and their preferences our […]
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