Edmunds Report Reveals Shrinking Selection, Fewer Affordable Options for Shoppers in the Used Vehicle Market
Used vehicle prices have slightly cooled from all-time highs, but a number of headwinds continue to create unfavorable buying conditions in the used market for consumers.
On the Road to Normal: New Vehicle Sales Expected to Lift Slightly in Q1, According to Edmunds
The car shopping experts from Edmunds forecast that 3,502,324 new cars and trucks will be sold in the U.S. in the first quarter of 2023, which will be a 5.2% increase from the first quarter of 2022 but a 1.8% decrease compared to the fourth quarter of 2022.
Edmunds Presents 11th Annual Five Star Dealer Awards Honoring Exceptional Customer Service
Edmunds, an online car shopping resource that generates more than 20 million visits every month, announced the winners of the 2023 Edmunds Five Star Dealer Awards.
New Vehicle Sales Expected to Stay Strong in the Second Quarter, According to Edmunds
Analysts say robust April sales helped offset a weaker end to the quarter as inventory and chip shortages continue to worsen, but note that consumer demand remains high
Vehicle Trade-In Values Climb to All-Time High in March
Experts reveal which 3-year-old vehicles are getting the highest trade-in values as chipset shortages squeeze vehicle supply, demand soars in the used market.
Edmunds Report Reveals Newer, Lower-Mileage Used Vehicles Inundating Dealer Lots
Edmunds experts note that used vehicle prices are rising as a result of these newer, larger, and more contented used vehicles hitting dealer lots, but thanks to an oversupply of off-lease vehicles and rising new car prices, buying used still reflects significant savings over new alternatives.
Car Shoppers Get Temporary Reprieve as Interest Rates Drop to Lowest Level of 2019 in May, According to Edmunds Analysis
Edmunds analysts caution that things aren’t going to get much better for car shoppers through the summer due to automakers curbing production to adjust to slumping demand.
Edmunds Presents Seventh Annual Five Star Dealer Awards Recognizing Outstanding Customer Service
To be eligible, dealers must participate in the Edmunds Dealer Partner program and have received at least 30 sales reviews on Edmunds in calendar year 2018.
Edmunds Trade-In Tool Touted By PCG Research
The dealer-centric trade-in tool by Edmunds provides a smooth customer experience, outlined in the PCG Research Report.
