When Will New Car Prices Drop Again?

New car prices have been rising in recent years, leaving many prospective buyers reeling from sticker shock. This trend has been driven by a confluence of factors including pandemic-related issues. As a result, it has become more difficult for most people to afford the vehicle they need and want.

New Car Prices Trend

While the current market conditions seem uncertain, car buyers are still hoping for the trend to reverse.  In the meantime, consumers are taking a variety of approaches. Some are turning to used cars, while others are exploring alternative transportation options or financing options. However, the demand for these other options also drives their prices. 


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Automotive Dealer Websites Providers: Market Data Analysis

Top Two Dealers Website Providers Capture Half of the Market, Independent Dealerships Dominate

Car shopping platforms, also known as online marketplaces for buying and selling cars, have grown steadily in popularity in recent years. These platforms provide a one-stop shop for car buyers, allowing them to search for vehicles, compare prices, and make purchases all from the comfort of their own homes. Franchises and independent dealerships list their inventories on online marketplaces to expand their reach beyond their local market and tap into a wider pool of potential buyers.

According to a market data analysis provided by VinAudit.com, based on 100K dealers websites in market data feeds data file, approximately 50 percent of dealerships in the US are on two popular marketplaces. CarsforSale.com offers a range of features designed to help dealerships increase their online visibility and connect with buyers. The other platform is Dealers.com which offers a comprehensive suite of digital marketing tools, including website design and management, social media marketing, and search engine optimization.

Dealers by Website Vendors
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Ultimate guide: How to easily look up auto parts by VIN number

Are you tired of sifting through countless auto parts websites and manuals trying to find the right part for your car? Worry no more! Say hello to the ultimate guide on how to easily look up auto parts by VIN number. No more confusion, no more frustration. With just a few clicks and some VIN decoding magic, you’ll be able to find the perfect part for your ride. So buckle up and let’s dive into the world of VIN number decoding! Read more