CBT News | #1 Source for Automotive News & Dealership Intelligence

Used-car prices hit highest level since 2022 as supply improves

Used-car prices reached $27,235 in September as inventory improved, affordable vehicles remained scarce & certified pre-owned sales grew 10%.

Carscoops

California Lets You Return A Used Car In Three Days, But It Could Cost $750 | Carscoops

California dealers must now offer three-day returns on qualifying used cars, alongside clearer pricing and add-on rules

CBT News | #1 Source for Automotive News & Dealership Intelligence

Cox Automotive’s Derek Hansen explains what's shifting used car demand

Cox Automotive's Derek Hansen explains what's really driving Q4 used car demand and where dealers should focus their sourcing efforts.

CBT News | #1 Source for Automotive News & Dealership Intelligence

CarMax cuts 145 corporate jobs as used-car market faces new pressure

CarMax cut 145 corporate jobs as used-car prices and borrowing costs pressure demand, while the retailer focuses on digital tools and financing.