Cox Automotive, 2018 Used vehicle Market report & outlook forecasts higher used-vehicle discounts For 2018 & a Decline in fresh-vehicle discounts. These forecasts & the trends behind them are explored in the Cox Automotive 2018 Used vehicle Market Report & Outlook, launched today at the annual National Automobile Dealer Association (NADA) display in Las Vegas.
formerlyknown as the Manheim Used vehicle Market Report, the book has been reinvented for its 23rd edition.
“Technological advancements & user expectations are evolving rapidly,” said Cox Automotive President Sandy Schwartz in the report’s opening message.
Cox Automotive Inc. makes buying, selling, & owning cars easier for everyone.
Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately owned, Atlanta-based Inc. by revenues exceeding $20 bn.
Here is the reason you shouldn’t guesse a large sale on a used vehicle
It’s This time a lot easier to figure out who has a better bargain on a Fresh vehicle, however used cars are further complex.
A lot of buyers get frustrated while they run into walls asking for Big sales on used cars .
I’ve mentioned in various Former articles which used vehicle shopping is further about finding a better overall Price on the market rather than focusing on the largest sale off the asking price.
The typical margin for negotiations for generality mainstream used cars found under the $hundred,000 mark is in the hundreds of dollars, not thousands.
AdvertisementFurther complicating matters on pre-owned cars are Price points: certified cars come by a factory-backed expanded warranty, for example.
A better method to purchase a used vehicle
According to Look for 2- to 3-year-old used cars because they’ve indeed Stray the lion’s share of their initial Price.
generality used vehicle shoppers going to find plenty of bargains in 2018.
See too: eight Hidden Values in the Used vehicle MarketWhat’s going on here?
which said, if you’ve been through the market for a while, you perhaps be taken aback while you peruse the used vehicle listings. A better method to get a high-quality fleet vehicle is to purchase it directly from the rental Inc., rather than buying 1 which has gone to auction & into the used vehicle world at Big.
collected by :Haily Jackson