Used Cars - A360

Used car market off to strong start in January as prices rise on last month – Car Dealer MagazineUsed car market off to strong start in January as prices rise on last month – Car Dealer Magazine

September 21, 2024| 9:15 am

The used car market has shrugged off the fears of depressed demand in January, with the month shaping up to be strong for car dealers. January is proving to be a solid indication that 2023 could be a ‘very good year’ for the industry, with strong levels of demand and buoyant consumer sentiment, along with returning levels of new car supply. The current average price of a used car on Auto Trader now stands at £18,268 – the highest it’s been since the firm started recording prices in 2011. Used car prices are also up 2.8 per cent compared to… [...]

10 Most Reliable Used Cars To Buy For 202310 Most Reliable Used Cars To Buy For 2023

September 9, 2024| 9:14 am

When buying a used car, reliability is often one of the topmost priorities for consumers, and for good reason. With the cost of living continuously increasing, owning a reliable car means enjoying years of trouble-free miles and lower possible maintenance costs. Fortunately, the used car market offers many valuable options to choose from. In fact, in today’s market, any used car represents good value, both in terms of quality and cost savings. Significant advances in automotive research and development, as well as manufacturing techniques, mean cars are now more reliable than ever. Add to that the availability [...]

Ola partners with Dbest Cars to dispose of over 5,000 used carsOla partners with Dbest Cars to dispose of over 5,000 used cars

September 3, 2024| 9:17 am

By: HT AutoDesk | Updated on: Jan 25, 2023, 10:24 AM Ola Fleet Technologies has partnered with Dbest Cars India to dispose of its used commercial fleet vehicles in a deal worth over ₹125 crores. The company is undertaking the process to dispose of over 5,000 used commercial cars because the existing fleet is now obsolete. Thanks to the introduction of regulatory changes such as BS6 emission norms and scrappage policies, an ecosystem has been created for utilization and demand for used cars in India. File photo of Ola cab used for representational purpose only With increasing motorization rates, lower… [...]

Grupo Segura: Simulating the Coldforming of 3rd Generation AHSS SteelsGrupo Segura: Simulating the Coldforming of 3rd Generation AHSS Steels

August 29, 2024| 9:17 am

In the automotive industry, there is a constant tendency to find increasingly lighter and safer vehicles. For this reason, the materials used in the manufacturing process of a car demand specific characteristics to satisfy this need. For that reason, Grupo Segura, a leading company dedicated to the design, development, and manufacturing of cold stamped metallic components for automobiles, sets itself the objective of researching and developing alternative solutions to the hot stamped applications, taking the advantage of the new generation of Advanced High Strength Steels (AHSS 3rd Generation). The objective was to be able to cope with future demand from… [...]

Used cars 101: From setting a budget to the test drive – a guide for buying a used vehicleUsed cars 101: From setting a budget to the test drive – a guide for buying a used vehicle

August 25, 2024| 9:15 am

Illustration by Melanie Lambrick So, you’ve decided to buy a car. Here’s the first question: new or used? In general terms, the choice is straightforward. A new car comes with the latest features, warranties and the promise of several years of driving free from all but routine maintenance. The benefits of buying used? If you choose well, you’ll save a bundle. It hasn’t been so simple in pandemic times. The pandemic led to inventory shortages and soaring vehicle prices as people who would normally buy only new cars flooded onto the pre-owned lots. But the [...]

Moody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are droppingMoody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are dropping

August 11, 2024| 9:16 am

A gradual improvement in the availability of semiconductors has helped car manufacturers lift production levels. Semiconductors are a crucial component in the increasingly sophisticated modern electronics at the core of modern vehicles. Ms Ell said while global vehicle production had not returned to pre-pandemic levels in Europe and Asia, there had been a significant improvement. Vehicle production in Japan in October was 35 per cent higher than in 2021, but was still 11 per cent below the production rate of 2019. Households feel the squeeze Australian Bureau of Statistics figures show that during the September quarter, Australians imported $7.3 billion… [...]

Used cars continue to get cheaper, new research findsUsed cars continue to get cheaper, new research finds

August 10, 2024| 9:14 am

Australian wholesale new vehicle prices have fallen 12 per cent from their peak in May 2022, as normality returns to the wider supply chain and demand for pre-loved car cools. The Q4 Used Vehicle Price Report found used car prices have now decreased for seven successive months, and in January 2023 they had their first year-on-year decline since May of 2020. Moreover, used car prices are expected to continue returning to earth during 2023 as new car supply improves, and demand weakens on the back of higher borrowing costs and inflation. For more Motoring related news and videos check out… [...]

Characteristic curves of Hydraulic TurbinesCharacteristic curves of Hydraulic Turbines

August 4, 2024| 9:14 am

Hydraulic machines are defined as those machines which convert either hydraulic energy (energy possessed by water) into mechanical energy (which is further converted into electrical energy ) or mechanical energy into hydraulic energy. The hydraulic machines, which convert the hydraulic energy into mechanical energy, are called turbines while the hydraulic machines which convert the mechanical energy into hydraulic energy are called pumps. We discussed different types of hydraulic turbines in the previous article. To run these Turbines, there are certain Characteristic curves are used. From the Theoretical point of view, we can use certain of these [...]

What are the cheapest states to buy used cars?What are the cheapest states to buy used cars?

July 29, 2024| 9:16 am

One of the exciting things about buying a car is that it changes drastically by region. For the overall winner, New Hampshire is one of the best states from the northeast. Here’s why: – A low number of additional fees and taxes associated with used vehicle purchases – You are exempt from paying sales tax – The registration fees are cheap (at most $18 per thousand of total sales) – New Hampshire has low insurance premiums, with an average of $870 per year – The low average annual cost of vehicle ownership This is excellent news for New Hampshire residents… [...]

Collapse in Used Car Prices Could Help Drive Inflation Below Fed TargetCollapse in Used Car Prices Could Help Drive Inflation Below Fed Target

July 25, 2023| 5:08 am

A decline in used car prices should help drive inflation lower, according to Fundstrat’s Tom Lee. The Manheim used car price index fell 3.2% in the first two weeks of June and is down 9.4% year over year. “Manheim price index shows completely opposite trend of CPI used cars [prices],” Lee said. loading [...]

Category: Used Cars