October 2024 Used Car Market Report: Trends & Data | The Healey Brothers Show | Ep. 55

In this episode, we take a comprehensive look at the current state of the used car market. We start by discussing where prices are heading, exploring both retail values and trade-in offers, and what factors are driving these changes. How does this year compare to last year in terms of pricing trends, and what should buyers expect in the coming months?

Next, we dive into a sales comparison between the used and new car markets. We explore how consumer preferences have shifted and why used cars may offer a better value proposition in today’s economic climate. Following this, we review how our inventory levels have changed compared to the previous month. Are we seeing an increase or decrease in available vehicles? We’ll also examine which models are selling the fastest and why.

As we approach the end of the year, the used car market typically sees some unique shifts. We discuss what tends to happen around the holidays—whether demand rises or falls and whether buyers can expect special deals or price adjustments as dealerships prepare for the holiday season.

To close out the episode, we highlight three standout used cars from our current inventory, discussing their features, value, and why they’re perfect for the market right now. Tune in to get the latest insights on the used car market and what to expect as the year comes to a close!