Used Car

4 used-car segments with ‘interesting’ price strength

LAWRENCEVILLE, Ga. – Midsize pickup trucks may have had the best used-vehicle price strength last month, but the more intriguing development may be among some slightly larger segments. According to a Black Book analysis, midsize pickup prices on Dec. 1 were down just 1.1 percent from where they were on Nov. 1. This movement represented the lowest month-over-month depreciation of any segment. But ... Read More »

Madonna used fake police car to jump traffic?

The 57-year-old singer allegedly hopped in a black Jaguar after her two gigs on Tuesday and Wednesday this week at the O2 Arena here. When the vehicle sped off with blue and red lights flashing from its dashboard and queue jumped through traffic, reports femalefirst.co.uk. “I was waiting outside the O2 and all the roads were blocked. Nobody was moving, ... Read More »

Atlanta-based Cox Automotive buys stake in Mahindra’s used car unit

India’s leading multi-brand certified used car company Mahindra First Choice Wheels. The deal was announced by Mahindra & Mahindra, the parent company of Mahindra First Choice, which said the transaction occurred through “a secondary sale.” HDFC, an early investor in Mahindra First Choice, sold its entire stake to Cox Automotive, which also bought some shares from AnPhi Advisors, a private ... Read More »

4 used-car segments with ‘interesting’ price strength

LAWRENCEVILLE, Ga. – Midsize pickup trucks may have had the best used-vehicle price strength last month, but the more intriguing development may be among some slightly larger segments. According to a Black Book analysis, midsize pickup prices on Dec. 1 were down just 1.1 percent from where they were on Nov. 1. This movement represented the lowest month-over-month depreciation of any segment. But ... Read More »

DC Avanti desi sportscar already entered used car market (Updated)

India’s first supercar is powered by a Renault Sport turbocharged petrol engine. Update – 10-12-2015: In an official communication with Rushlane, DC Designs has clarified that the owner of this particular Avanti benefited from the INR 25 lakh introductory price offer and hence if he manages to sell it at INR 36 lakhs it would be a profitable transaction for ... Read More »

As Used Vehicle Depreciation Slows in November, Price Index Rises

MCLEAN, Va., Dec. 14, 2015 /PRNewswire-USNewswire/ — According to NADA Used Car Guide analysis, the month of November saw used vehicle prices firm up from October levels. Findings in their latest Guidelines report note wholesale prices of vehicles up to eight years in age depreciated slowly during the month, falling by 1.9 percent versus October’s 2.7 percent decline. Conversely, the ... Read More »

Research and Markets: India Used Car Market Outlook to 2020 – Growing Preference and Emergence of Web Aggregators

The report provides a comprehensive analysis of the used car sales in India through online and offline means. The report first analyzes the used car market in detail, with major segmentation of distribution channels, marketing channels and by demand from major cities. On the competition front, market share of major players in the used car market with detailed company profile ... Read More »

Buying a used car? Need advice?

It is clear from the economic gurus in South Africa that new car sales are down at this time. With that in mind more and more consumers are looking at buying used cars. Buying a car in South Africa is often the second biggest financial commitment a consumer makes after buying or renting a home. Unfortunately emotions are generally the ... Read More »

Man arrested at Bonds Used Cars in Norwich charged with two offences

Freya Frezgi, 24, of Rectory Field Crescent, in London, was arrested at Bonds Used Cars in Ber Street on November 26. He appeared at Norwich Magistrates’ Court via video link this morning, charged with possession, with intent to supply, of a Class A drug, and with obstructing arrest. He was remanded in custody, and is due to appear at Norwich ... Read More »

Tesla, Mini to skip Detroit auto show

Tesla and Mini have joined Jaguar Land Rover in skipping the 2016 Detroit auto show next month. NAIAS spokesman Max Muncey told Automotive News that the brands decided to drop out because the timing of their vehicle introductions did not sync with the show’s timing, which opens for two days of press previews on Jan. 11. The Detroit show is ... Read More »