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Technavio has predicted that the worldwide used car market will grow by $703 billion more by 2027. As of late 2022, its size is estimated to clock USD 1.66 trillion. Within the five-year period (2022 - 2027), the compound annual growth rate is foreseen to reach 6.7%...
In the used car market, nothing lasts forever. Prices always go up and down on a regular basis. Consumer preferences change and the market is redefined by emerging trends. All these point to the fact that one has to keep eyes and ears open for every update regarding...
It has been a wild roller coaster ride for used car prices. Prices heavily fluctuate since the economy grinds to a halt in 2020. As pandemic restrictions loosen up, the secondhand market has found itself with exploding demand, causing prices to reach an all-time...
The underdog brand now leads the race among luxury cars. For the first time in history, Tesla has taken a lead in US luxury car sales and dethrones BMW. This marks an important milestone in the history of electric cars. BMW’s three-year streak ended with Tesla’s...
A car title is a legal document that provides proof of ownership of a vehicle. It is issued by the state in which the vehicle was purchased and serves as a permanent record of ownership. The car title also includes important information about the vehicle, such as its...