''Navigating the Road to Great Deals—Driven by Market Insights!''
''Navigating the Road to Great Deals—Driven by Market Insights!''
I found this interesting article online.
Market Update from Cox Automotive
The used-vehicle market is experiencing some interesting trends this November! According to Jeremy Robb, Senior Director of Economic and Insights at Cox Automotive:
“Supply for both wholesale and retail used-vehicle markets has continued to decline over the last month... Retail used-vehicle sales have increased for five consecutive weeks as well, and that should keep dealer demand for wholesale units elevated in coming weeks.”
Key Takeaways:
What this Means for You:
If you’re in the market to buy or sell a vehicle, these trends could impact pricing and demand. At Aaron's Auto Brokerage & Sales, we’re here to help you navigate this dynamic market and get the best deal possible!
Contact us today for personalized assistance with buying or selling your vehicle:
Aaron's Auto Brokerage & Sales
20910 Redwood Rd, Suite D, Castro Valley, CA 94546
Office: 510-583-0012 | Cell: 510-283-3760
http://www.aaronsautosale.com
Market Update from Cox Automotive
The used-vehicle market is experiencing some interesting trends this November! According to Jeremy Robb, Senior Director of Economic and Insights at Cox Automotive:
“Supply for both wholesale and retail used-vehicle markets has continued to decline over the last month... Retail used-vehicle sales have increased for five consecutive weeks as well, and that should keep dealer demand for wholesale units elevated in coming weeks.”
Key Takeaways:
- Retail used-vehicle sales have been on the rise for 5 weeks straight.
- Wholesale prices are showing strength, with increases in both seasonally and non-seasonally adjusted values.
- The Manheim Market Report shows a smaller-than-expected decline in prices for 3-year-old vehicles—just 0.3%, compared to the typical 1.0% this time of year.
- SUVs are holding steady in value, while mid-size cars rose by 1.0% year over year. Compact cars, luxury vehicles, and pickup trucks saw modest declines.
What this Means for You:
If you’re in the market to buy or sell a vehicle, these trends could impact pricing and demand. At Aaron's Auto Brokerage & Sales, we’re here to help you navigate this dynamic market and get the best deal possible!
Contact us today for personalized assistance with buying or selling your vehicle:
Aaron's Auto Brokerage & Sales
20910 Redwood Rd, Suite D, Castro Valley, CA 94546
Office: 510-583-0012 | Cell: 510-283-3760
http://www.aaronsautosale.com
This Hot Deal is promoted by Castro Valley / Eden Area Chamber of Commerce.
