CarGurus
In the June 2023 Market Snapshot, Kevin Roberts, Director of Industry Analytics at CarGurus, provides a comprehensive mid-year review and recap of the inventory and pricing trends observed in the last month. Despite initial recession fears, the US economy has significantly outperformed expectations, displaying a strong labor market and a noteworthy decline in inflation numbers…
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April 2023 Market Snapshot
In the April 2023 Market Snapshot, Kevin Roberts, Director of Industry Analytics at CarGurus, discusses the latest trends in the used vehicle market. He highlights the improvement in used vehicle availability in April, with a 3.2% increase month over month, but notes that inventory is still down 12.5% compared to last year. The tight…