Tag #Used Cars

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nrc.nl

🌐 35% Global Worthiness

Sep 16, 04:17

Online Auction of Government Vehicles in Soesterberg, Netherlands

The Dutch government's online auction of used vehicles, managed by Onlineveilingmeester, attracted a diverse group of bidders, resulting in competitive bidding and successful sales, particularly for a Mercedes-Benz AMG GLC 43 and a Toyota Yaris.

Online Auction of Government Vehicles in Soesterberg, Netherlands

The Dutch government's online auction of used vehicles, managed by Onlineveilingmeester, attracted a diverse group of bidders, resulting in competitive bidding and successful sales, particularly for a Mercedes-Benz AMG GLC 43 and a Toyota Yaris.

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What were the key highlights of the online auction, specifically regarding the most successful bids?

A 2020 Mercedes-Benz AMG GLC 43 Premium Plus reached €34,000, significantly exceeding the starting bid. A 2023 Toyota Yaris Hybrid received a high bid of €16,631. The auction showcased the growing popularity of online vehicle sales, even for inspecting vehicles before bidding.

theglobeandmail.com

🌐 75% Global Worthiness

May 20, 16:11

Used EVs for Canadian Families: ID.4 vs. Mach-E

Alexandra Richardson seeks a used all-wheel-drive electric vehicle (EV) under $45,000 for her family, considering the Volkswagen ID.4 and Ford Mustang Mach-E as top contenders due to their all-wheel drive, range, and availability within her budget.

Used EVs for Canadian Families: ID.4 vs. Mach-E

Alexandra Richardson seeks a used all-wheel-drive electric vehicle (EV) under $45,000 for her family, considering the Volkswagen ID.4 and Ford Mustang Mach-E as top contenders due to their all-wheel drive, range, and availability within her budget.

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How do the range and practicality of the recommended EVs compare, and what are the trade-offs between different models?

The article compares several EVs, highlighting the Volkswagen ID.4 and Ford Mustang Mach-E as top choices for Alexandra's needs due to their availability within her budget and suitable features. Both offer all-wheel drive and sufficient range for her commute and occasional trips, though winter range may be a consideration. The ID.4 is more practical, while the Mach-E is sportier but potentially tighter for her dog.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Mar 24, 07:11

China's $41.4 Billion Push to Boost Auto Sales

China's central government launched a plan in mid-March 2025 to invigorate its automotive sector by issuing 300 billion yuan in treasury bonds to support trade-in programs, easing purchase restrictions, and expanding the used car market, aiming to increase sales and address oversupply.

China's $41.4 Billion Push to Boost Auto Sales

China's central government launched a plan in mid-March 2025 to invigorate its automotive sector by issuing 300 billion yuan in treasury bonds to support trade-in programs, easing purchase restrictions, and expanding the used car market, aiming to increase sales and address oversupply.

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How will the expansion of China's used car market and the growth of the automotive aftermarket affect the overall automotive industry?

The Chinese government's strategy connects increased consumer spending with economic growth by leveraging the automotive industry. By stimulating the used car market (19.61 million transactions in 2024, a 6.52 percent increase) and expanding trade-in programs, China aims to increase car turnover and generate additional revenue, addressing oversupply in the new car market.

forbes.com

🌐 75% Global Worthiness

Mar 9, 13:09

Used EV Prices Plummet Amidst Increased Competition

The average price of a used Tesla Model Y has fallen more than \$6,000 in the past year, to around \$30,000, due to increased competition, a new Model Y release, and high new car prices driving consumers to the used market; used Model 3s are available for under \$15,000.

Used EV Prices Plummet Amidst Increased Competition

The average price of a used Tesla Model Y has fallen more than \$6,000 in the past year, to around \$30,000, due to increased competition, a new Model Y release, and high new car prices driving consumers to the used market; used Model 3s are available for under \$15,000.

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How is the increased competition in the EV market impacting Tesla's market share and sales of used vehicles?

The increased affordability of used EVs, particularly Teslas, is driven by a combination of factors. High new car prices are pushing consumers toward the used market, while the arrival of the new Model Y and increased competition from other EV brands are increasing the supply of used Teslas. The resulting price drop is making EVs more accessible to a wider range of consumers.

apnews.com

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Feb 5, 16:14

CPO vs. Standard Used Cars: Weighing Cost and Risk

Certified pre-owned (CPO) vehicles, inspected and refurbished to manufacturer standards, offer warranties and perks but cost more than standard used cars, which are cheaper but riskier; the best choice depends on budget and risk tolerance.

CPO vs. Standard Used Cars: Weighing Cost and Risk

Certified pre-owned (CPO) vehicles, inspected and refurbished to manufacturer standards, offer warranties and perks but cost more than standard used cars, which are cheaper but riskier; the best choice depends on budget and risk tolerance.

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What are the immediate financial implications of choosing a CPO vehicle versus a standard used car?

A certified pre-owned (CPO) vehicle is a used car that's been inspected and refurbished by a dealership to meet manufacturer standards, offering benefits like warranties and roadside assistance. However, CPO vehicles cost more than non-certified used cars.

independent.co.uk

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Nov 7, 04:09

Used EV Sales Surge in UK

Record sales of used electric vehicles in the UK are driving the used car market growth, but challenges remain.

Used EV Sales Surge in UK

Record sales of used electric vehicles in the UK are driving the used car market growth, but challenges remain.

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What was the performance of the new car market in October?

Despite the positive trend in used EV sales, the new car market saw a 6% decline in October, according to SMMT. This highlights the importance of maintaining a healthy new car market to support the growth of the used car sector and EV adoption.

sueddeutsche.de

🌐 45% Global Worthiness

May 30, 04:11

Used Kia Rio Reliability and Pricing Analysis

The used Kia Rio market shows reliability varying by model year, with the 2012-2015 and 2017-2020 models exhibiting better performance in ADAC data; prices range from 3,685 euros for a 2014 model to 12,984 euros for a 2018 model, highlighting the importance of considering both year and mileage.

Used Kia Rio Reliability and Pricing Analysis

The used Kia Rio market shows reliability varying by model year, with the 2012-2015 and 2017-2020 models exhibiting better performance in ADAC data; prices range from 3,685 euros for a 2014 model to 12,984 euros for a 2018 model, highlighting the importance of considering both year and mileage.

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What are the key reliability factors and price ranges for used Kia Rio models?

The Kia Rio, no longer sold as a new car, shows varying reliability depending on the model year. The newer generation (post-2017) has improved suspension and fewer reported issues in the "Auto Bild Tüv-Report 2025". However, even newer models show some weaknesses, like premature wear on dampers and headlights.

forbes.com

🌐 75% Global Worthiness

Apr 20, 22:13

Used 2025 Tesla Model Y Prices Plummet Amid New Model Launch and Record Trade-Ins

Used 2025 Tesla Model Y prices have dropped significantly, with low-mileage models selling for as low as $35,000 on CarGurus, due to the launch of the 2026 Model Y and a record number of Tesla trade-ins in March, according to Edmunds and Cars Commerce.

Used 2025 Tesla Model Y Prices Plummet Amid New Model Launch and Record Trade-Ins

Used 2025 Tesla Model Y prices have dropped significantly, with low-mileage models selling for as low as $35,000 on CarGurus, due to the launch of the 2026 Model Y and a record number of Tesla trade-ins in March, according to Edmunds and Cars Commerce.

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What is the impact of the 2026 Tesla Model Y launch on the prices of used 2025 models?

Used 2025 Tesla Model Ys are selling significantly below their original price, with low-mileage Long Range RWD models listed as low as $35,000 and AWD models around $40,000 on CarGurus. This compares to original prices of roughly $45,000 and $49,000 respectively, before the $7,500 federal tax credit. Even higher-performance models are available at substantially reduced prices.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Mar 24, 07:11

China's 300 Billion Yuan Push to Revitalize its Auto Industry

China's government is injecting 300 billion yuan ($41.4 billion) into its automotive sector in 2025 to expand trade-in programs, ease purchase restrictions, and boost the used car market, aiming for 23.4 million vehicle retail sales and 13.3 million new energy vehicle sales.

China's 300 Billion Yuan Push to Revitalize its Auto Industry

China's government is injecting 300 billion yuan ($41.4 billion) into its automotive sector in 2025 to expand trade-in programs, ease purchase restrictions, and boost the used car market, aiming for 23.4 million vehicle retail sales and 13.3 million new energy vehicle sales.

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How does the expansion of the used car market contribute to the overall success of China's automotive stimulus plan?

The plan connects increased auto sales with broader economic goals, stimulating consumption and addressing oversupply in the new car market by focusing on high-quality services and expanding the aftermarket (modifications, leasing, RV camping). The growth of used car transactions (19.61 million units in 2024, a 6.52 percent increase) further demonstrates this strategy's impact.

theglobeandmail.com

🌐 75% Global Worthiness

Feb 26, 16:11

Tariffs Threaten to Inflate Used Car Prices in Canada

AutoTrader's survey shows potential tariffs are affecting 47% of car buyers' decisions, with 30% planning to switch to used vehicles; however, reduced new car sales from 2020-2023 have created a limited supply of used vehicles, potentially increasing prices.

Tariffs Threaten to Inflate Used Car Prices in Canada

AutoTrader's survey shows potential tariffs are affecting 47% of car buyers' decisions, with 30% planning to switch to used vehicles; however, reduced new car sales from 2020-2023 have created a limited supply of used vehicles, potentially increasing prices.

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How will the potential imposition of tariffs on new vehicles impact consumer demand in the used car market, and what are the immediate consequences?

AutoTrader's research reveals that potential tariffs on new vehicles are causing 47% of surveyed car buyers to alter their purchasing decisions, with 30% planning to switch from new to used vehicles. This shift, coupled with already limited used car inventory due to reduced new car sales between 2020 and 2023, is expected to increase demand and potentially drive up used car prices.

cnbc.com

🌐 85% Global Worthiness

Jan 2, 22:08

Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%

Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.

Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%

Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.

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What are the potential long-term consequences of Hindenburg's report for Carvana, including regulatory actions, legal challenges, and the company's future?

Hindenburg's report could trigger further investigations into Carvana's financial practices and potentially lead to regulatory scrutiny or legal action. The close relationship between Carvana and DriveTime raises concerns about conflicts of interest and potential manipulation of financial reporting. The long-term impact on Carvana's stock price and its business model will depend on the outcome of these potential investigations and the market's response to the allegations.

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