used car market

Used Electric Vehicles are Finally Here

Tesla is facing the best kind of problem an automaker can have —they can’t produce enough cars to meet the demand. That’s especially impressive when you consider the Model S starts at over $70,000.  Other manufacturers aren’t quite as lucky as Tesla, but overall the market for EVs (Electric Vehicles) and PHEVs (Plug-In Hybrids) is growing at a steady clip. The world is getter greener, and we’re not referring to these green cars. These days, Nissan Leafs and charging stations are a normal sight in parking garages and driveways around the US. With 126,000 all-electric vehicles and 142,000 plug-in hybrids sold in the US between 2010 and 2014, a market for used electric vehicles has finally emerged.


At over 70,000 cars sold, the Nissan Leaf is leading the charge (no pun intended). The Leaf also stands out as the only EV to sell over 10,000 units in its first year of availability. Most EV models have only been available for a year or two, although a small batch of Toyota Rav4 EVs was rolled out in the early 2000’s. [keep reading]

A cooling used car market is a good thing

Earlier this week the New York Times published this article with the headline “After Running Hot, Market for Used Cars is Cooling?” Yet, I wonder if the market for used cars is really cooling off? It depends on what your definition is of a “hot market.”

Used Car Lot Image

When most people think of a “hot market” they think of high prices and lots of sales. So when most people think of a cooling market, they think of lower prices and fewer sales, but as it turns out, that’s not what’s happening. [keep reading]

Putting it into park: Weekend Linkage

This weekend is a holiday for football fans. Enjoy it and all the commercials too.

The natural thing to do for one man after graduating high school was to open a car dealership

How to spend $50,000 on vanity license plates

Emmit Smith’s 1991 Mercedes Benz 500 that’s up for sales is a “classified P.O.S.”

Used car market in China is booming

The first car hit 100MPH in 1905

An excellent documentary on rally legend Colin McRae