Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
Since the car sales have been rising in U.S. for 7 years, of course that the value of used cars we’ve got parked in our garages would dent. There are hundreds and thousands of new cars rolling out of dealerships lots and this means they instantly become used cars. The secondary market is glutted and the pace of depreciation is rapidly accelerating. Your not-that-old car might not be a clunker quite yet, but it's probably a lot closer than you think. The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300. That annual deprec...
The performance-oriented Jaguar E-Pace compact crossover will slot in one of the market's hottest segments, has a starting price under $40,000, and is loaded with connectivity and safety features, such as head-up display and a semiautonomous off-road driving system that allows the driver to take his or her feet off the pedals while the vehicle drives over slippery terrain. The E-Pace is also fast, with one model reaching 60 mph in under 6 seconds. Finbar McFall, Jaguar Land Rover's global product marketing director, says that the company expects 80 percent of customers to be...
U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales. The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...
The car sales market is not that gloomy as you might already think considering total sales have fallen for six consecutive months. With the slowdown largely a product of reductions in less-profitable fleet deliveries, retail sales have slipped less than 1 percent from a year ago The fact that consumers are snapping up high-margin SUVs and crossovers instead of less-expensive sedans has been a boom to Detroit automakers. After hitting the 10 million mark for the first time in 2016, U.S. light-truck sales rose 4.7 percent in the first half, setting records in every month except April a...
We were already convinced Austin won’t be affected by the US car market getting cooler, since it had such a great 2017 start, but it seems like nothing’s forever. According to sales at Austin dealerships consumers bought only 10,919 new vehicles during this month, comparing to 11,183 cars the same month last year. The recent slowdown is in contrast to the first two months of the year, which saw booming sales. January car sales were up 10.4 percent and February sales surged 22.4 percent over the same months in 2016. Thanks to that strong start, through the end of May...
