New Online Transactional Platform, EEZE, Sets out to Combat Fraud in Second-Hand, Private-Party Auto Sales Zainal Abidin, 18/01/2026 MONTREAL, March 19, 2024–(BUSINESS WIRE)–EEZE, a new transactional platform dedicated to safeguarding peer-to-peer auto sales, officially launches today, serving the Ontario and Quebec markets. Designed to combat fraud and uncertainty in private-party transactions, EEZE offers a comprehensive suite of services to verify individuals, vehicles, and facilitate secure money transfers. As… Continue Reading
Motorists favor used cars due to budget constraints Zainal Abidin, 16/01/2026 When buying a second hand car in 2024, 58% of consumers’ primary motivation would be saving money, according to The Motor Ombudsman’s Opinion Matters poll of 2,050 motorists. Rather than buying a brand new equivalent, budgets and household bills would influence consumers to buy a used car. Bill Fennell, chief… Continue Reading
Hyundai Motor Company Launches Domestic Certified Used Car Business Zainal Abidin, 08/01/2026 Hyundai Motor Company marked a significant remarketing milestone with the launch of its certified used car business in Korea, underlining its commitment to playing an active role in the domestic used car market. Wonha Yoo, Vice President of Hyundai Motors Asia Region, emphasized the company’s dedication to customer satisfaction, stating,… Continue Reading
A Negative Equity Nightmare Is Rocking The Used Car Market Zainal Abidin, 31/12/2025 Buyers who paid over MSRP during the pandemic are most at risk as falling demand for new cars pushes used prices down https://www.carscoops.com/author/chris-chilton-cc/ by Chris Chilton March 16, 2024 at 11:29 Remember those crazy days during the pandemic when dealers were so desperate for stock that some drivers were being… Continue Reading
Used Retail Vehicle Sales Accelerate in February Zainal Abidin, 22/12/2025 According to vAuto Live Market View data estimates, retail used-vehicle sales in February increased from January and were up by 13.5% month over month. A total of 1.49 million used vehicles were sold at retail – from both franchised and independent dealers – during February, up 10.7% year over year… Continue Reading
How to make sure the used car you’re buying is ready to hit the road before you shell out the cash Zainal Abidin, 14/12/2025 HOUSTON – Is the used vehicle you’re buying ready to hit the road? One Houston police sergeant says many times it’s not, and the person buying it has no idea. In some cases, there could be inspection issues or maybe the vehicle is salvageable. That sergeant says buying a vehicle… Continue Reading
Americans increasingly upside down on auto loans as used car values fall Zainal Abidin, 10/12/2025 Nevada ranked the second highest auto insurance rates in the country, according to Insurify. Used car prices are starting to edge down after soaring for years after the pandemic hit, and while the trend is a much-welcome relief for buyers, it is also causing trouble for some consumers who purchased… Continue Reading
Wholesale Used-Vehicle Prices Decrease in First Half of March Zainal Abidin, 04/12/2025 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.6% from February in the first 15 days of March. The midmonth Manheim Used Vehicle Value Index dropped to 202.6, which was down 14.9% from the full month of March 2023. The seasonal adjustment drove the decline. The… Continue Reading
Pricey Tesla Model Y fails to find favor in used car market Zainal Abidin, 01/12/2025 Elon Musk’s Tesla Model Y ranks as the least in-demand used car, due mainly to its high second hand price tag, according to new research from Uswitch Car Insurance. In first place, with a total of 321 listings, the Tesla Model Y is an all-electric compact SUV and despite its… Continue Reading
Indicata flags prospect of used EV prices falling below ICE cars Zainal Abidin, 30/11/2025 Sales of sub-two-year-old EVs recorded their highest ever market share of 11.2% in February. According to Indicata UK’s latest Market Watch, this figure was assisted by a 24.9% monthly rise in sub-one-year old cars entering the market as manufacturers invested in tactical incentive campaigns to drive sales of nearly new… Continue Reading