Tag Archives: used vehicles

Used Car Marketplace Catch Up? GM introduces CarBravo

CarBravo uses the resources of GM, GM Financial and the GM dealer network to create a flexible, shopping and buying service that is already in full use at True Car, Edmunds, Autotrader, Cars Direct and AutoNation, among others. Major automakers have been slow to use the resources of the web, but Covid has forced changes in standard business practices across the vast automotive industry and the aftermarket. Continue reading

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Affordable Used Vehicles Becoming Scarce

For consumers considering trading in older used vehicles, 2017 could be the time. The latest study predicts a record number of off-lease vehicles will fill dealer lots and that a declining number of older trade-ins will put significant upward pressure on the late model used market this year. Continue reading

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GM Certified Used Vehicles Now include Carfax

Car shoppers now get a Carfax Vehicle History Report with every Chevrolet, Buick and GMC Certified car, truck and SUV at no-cost from the selling dealer. In addition, all Chevrolet, Buick and GMC Certified Pre-Owned vehicles are listed for sale on Carfax Used Car Listings. Notably absent is Cadillac. Continue reading

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Certified Used Vehicle Sales Set Record in 2014

Sales of certified pre-owned vehicles reached an all-time high during 2014 at 2.3 million, according to the latest study. This means that certified vehicles accounted for almost 21% of the used market. Continue reading

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Ford Motor Used Vehicle Sales Running at Record Levels

In general, automakers are setting record used car sales through their dealers as the U.S. economy slowly recovers – more than 80% of workers commute to work in vehicles – and interest rates remain at absurdly low rates as taxpayers continue to subsidize the bankers and Wall Street firms that caused the Great Recession. Record high new vehicle prices – more than $30,000 on average for a car, +$40,000 for a truck – are also forcing some buyers into used vehicles. Continue reading

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