Used Sales’ Spring Dip More Pronounced
Waning tax refunds pair with high interest rates to mute demand, Cox Automotive says.
Waning tax refunds pair with high interest rates to mute demand, Cox Automotive says.
Slight incentives pullback pushes ATP to its highest of the year, but Cox expects them to resume along with inventory.
Cox forecast puts mass adoption on the fast track within a decade.
Credit access varied depending on vehicle, lender type, Cox says.
The collaboration integrates Canopy's insurance verification and servicing technology into Cox's e-commerce offering.
Fewer selling days explain the difference. Sales pace on track to be the best sales year since 2019.
Though days’ supply far exceeds a year earlier, it fell for the month.
March volume highest in two years as consumers bargain shop.
Retail sales were up from January and a year earlier for the strongest volume in nearly a year.
February metrics continue gradual shift in consumer’s favor.
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