INSIDER
Annual list highlights safest new, used vehicles for teens for 2022
Read full article: Annual list highlights safest new, used vehicles for teens for 2022The Insurance Institute for Highway Safety and Consumer Reports on Thursday published their annual list of the safest affordable vehicles for teenage drivers for 2022.
Report: Some cars cost more used than new amid part shortage
Read full article: Report: Some cars cost more used than new amid part shortageWith companies facing shortages of microchips and parts, new cars are being produced at slower rates than normal. So itโs no surprise that the price of used cars are going up amid the demand.
Data: Used car prices up 20.8% in Detroit
Read full article: Data: Used car prices up 20.8% in DetroitUsed car prices are up 20.8% in the Detroit market over the past year. Nationally, used car prices have increased 16.8%, or $3,926, over the past 12 months, compared to most years when they remain constant.
Report: These were the fastest selling cars in Detroit in February 2021
Read full article: Report: These were the fastest selling cars in Detroit in February 2021LOUISVILLE, KY-OCTOBER 27: The all-new 2018 Ford Expedition SUV comes off the assembly line at the Ford Kentucky Truck Plant October 27, 2017 in Louisville, Kentucky. (Photo by Bill Pugliano/Getty Images)DETROIT โ The Volkswagen Passat is the fastest selling used car in the Detroit area, according to data from iSeeCars. But the fastest selling new vehicle in the region is the Ford Expedition. According to ISeeCars, the average new car in Detroit took 46.5 days to sell in February 2021, while the average used car took 49.1 days to sell. To determine the fastest-selling cars in Detroit, iSeeCars said it analyzed 1.2 million new and used car sales in February 2021.
A look at why used car sales are up despite COVID-19
Read full article: A look at why used car sales are up despite COVID-19DETROIT The coronavirus (COVID-19) pandemic and the financial difficulties it created has made for some unusual trends. Heres why now may be the perfect timeThere has been a scramble for used cars all across Metro Detroit. He said his used dealership sales are 40 percent over their record year, each in the past two months. Szott said the second a leased car gets turned in, its already sought after by multiple buyers. Autotrader data shows right now used car sales are ahead of last year at this time.