used car sales

American Car Center Shutters as Auto Loan Delinquencies Rise

American Car Center Shutters as Auto Loan Delinquencies Rise
American Car Center Shutters as Auto Loan Delinquencies Rise
February 26, 2023  |  Retail

Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. Get the Full Story Complete the form to unlock this...

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Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
January 31, 2023  |  Economy

Inflation and an uptick in new vehicle production have dampened the market for used cars. Get the Full Story Complete the form to unlock this...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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Car Importers Tap Power of Platforms to Tame Price Volatility
Car Importers Tap Power of Platforms to Tame Price Volatility
September 09, 2022  |  Cross-border Payments

In a way, used cars are like stocks, options and bonds from the point of view of Ryan Davidson, founder and CEO of Trade X,...

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How Used Cars And Sales Taxes Are Building The Digital Future
How Used Cars And Sales Taxes Are Building The Digital Future
December 16, 2019  |  Today In Data

Can digital technology really take the hassle out of used car sales – and compete with dealerships and lots? Is there a better way to...

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New Car Sales Are Hurting The Value Of Used Cars
New Car Sales Are Hurting The Value Of Used Cars
August 22, 2017  |  Economy

With car sales in the U.S. increasing for seven straight years, it is having a negative impact on used car values. Get the Full Story...

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Carvana Used Car Sales Up 120 Percent In First Quarter
Carvana Used Car Sales Up 120 Percent In First Quarter
June 07, 2017  |  Retail

Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of...

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