Tag Archives: glut

Glut of Honda Civics makes them a good bargain

Solid all-rounder: Honda’s 2012 Civic hatchback.Source:Supplied Millions of car owners can’t be wrong: globally we’ve bought 23 million Honda Civics, with more than 300,000 of those finding Australian homes since 1973. It’s a nameplate that inspires loyalty, as indicated by strong sales of the latest 10th generation Civic, which arrived in 2016. The used market has a glut of 2012-16 ... Read More »

Used-vehicle prices falling amid glut

The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300, according to data from Black Book, an auto analytics company. Photo credit: DAVID PHILLIPS Car sales in the U.S. have been rising for seven consecutive years now, and it’s denting the value of whatever is currently parked in your garage or ... Read More »