05/09/2024
Is now the right time to buy a vehicle, or is it wiser to wait until the auto market finishes cooling down?
After the pandemic, the market experienced new vehicle shortages and a surge in prices for used vehicles.
Today, it appears that prices for both new and used vehicles are stabilizing. Moving into 2024, prospective vehicle buyers could see a more favorable market, with increased inventory options to choose from and reduced prices for both new and used vehicles.
Whether you’re eyeing a brand-new model or looking to buy a pre-owned vehicle, I’ll explain the current state of Canada’s…
25/07/2024
ATLANTA, Dec. 27, 2023 – December new-vehicle sales, announced next week, are expected to show gains over last year’s product-constrained market. According to the Cox Automotive forecast released today, sales volume this month is expected to rise 6.2% over December 2022. The seasonally adjusted annual rate (SAAR), or sales pace, is expected to finish near 15.1 million in December. This SAAR is 1.6 million higher compared to last year’s pace. However, it reflects a slight decline from last month’s 15.3 million level and matches the lowest SAAR of the year, which was recorded in May.
According to Charlie Chesbrough, senior…