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Articles from Edmunds

1 in 5 New-Car Shoppers Committed to an 84-Month Loan in Q1 2025, According to Edmunds Experts
Analysts say the growing share of 7-year auto loans points to persistent affordability pressures in the car market
By Edmunds · Via GlobeNewswire · April 3, 2025
New Vehicle Sales Expected to Lift Slightly in Q1, Driven by a Strong March, According to Edmunds
Analysts forecast a SAAR of 16.6M in March
By Edmunds · Via GlobeNewswire · March 27, 2025
Edmunds Approved as a Turnkey Certified Provider for General Motors IMR Funds
New certification of Edmunds trade tools offers a convenient, time-saving reimbursement process for GM dealers
By Edmunds · Via GlobeNewswire · February 20, 2025
Edmunds Presents 13th Annual Five Star Dealer Awards Honoring Outstanding Customer Service
107 dealers recognized based on sales reviews from car shoppers on Edmunds, with 10 of those earning the prestigious Edmunds Five Star Premier designation
By Edmunds · Via GlobeNewswire · February 4, 2025
The Best Cars on Sale in 2025: Edmunds Top Rated Awards Revealed
Honda Civic Hybrid wins Edmunds Top Rated Best of the Best as one of five electrified vehicles in the winners’ circle
By Edmunds · Via GlobeNewswire · January 22, 2025
Car Loan Trouble: The Average Amount Owed on Upside-Down Auto Loans Hits an All-Time High in Q4 2024, According to Edmunds
Analysts say nearly 1 in 4 vehicle trade-ins toward new-car purchases with negative equity are underwater by $10,000 or more
By Edmunds · Via GlobeNewswire · January 16, 2025
Nearly 1 in 5 New-Car Shoppers Committed to a $1,000+ Monthly Payment in Q4 2024, According to Edmunds Experts
Analysts say the average monthly payment and average amount financed for new-vehicle purchases hit all-time highs in the fourth quarter, despite declining interest rates
By Edmunds · Via GlobeNewswire · January 3, 2025
Uncharted Territory: Edmunds Forecasts 16.2 Million New Vehicle Sales in 2025 Amid Policy Uncertainty, Ongoing Affordability Challenges
Analysts recap 2024 and highlight trends they anticipate will shape the automotive industry in the year ahead
By Edmunds · Via GlobeNewswire · December 17, 2024
Edmunds Ranked #15 on Newsweek’s List of the Top 200 America’s Most Loved Workplaces for 2024
Edmunds ranked as #15 among 200 American companies recognized for outstanding employee sentiment and satisfaction
By Edmunds · Via GlobeNewswire · October 31, 2024
Negative Equity on the Rise: The Average Amount Owed on Upside-Down Car Loans Hit an All-Time High in Q3 2024, According to Edmunds
Analysts say more than 1 in 5 vehicle trade-ins with negative equity are underwater by $10,000 or more
By Edmunds · Via GlobeNewswire · October 15, 2024
‘Unrelenting’ Auto Financing Conditions Squeeze New-Vehicle Buyers in Q3 2024, According to Edmunds Experts
Analysts point to an uptick in 84-month auto loans as a troubling sign that consumers are potentially taking on more than they can afford
By Edmunds · Via GlobeNewswire · October 1, 2024
New Vehicle Sales Expected to Dip Slightly in Q3, According to Edmunds
Analysts forecast a SAAR of 16.1M in September
By Edmunds · Via GlobeNewswire · September 25, 2024
Edmunds Partners with Chicago Bears for Tickets, Parking and VIP Experience Giveaways for Nov. 10 Game vs. New England
Chicago-area fans are eligible for sweepstakes crowning 100 lucky winners for Bears’ November 10 home game, along with free, online vehicle appraisal opportunity; tied to launch of Edmunds’ “Name of the Game” ad campaign
By Edmunds · Via GlobeNewswire · September 25, 2024
Edmunds Shows Trusted Research is the ‘Name of the Game’ in New Ad Campaign with Pro Athletes Named Edmunds
New digital ads tap into sports audience, tying the Edmunds name to car shopping
By Edmunds · Via GlobeNewswire · September 17, 2024
Nearly 1 in 4 Americans Who Financed a New Car Purchase with a Trade-in During Q2 Were Upside Down on Their Loan, According to Edmunds
Analysts say EV owners underwater on their car loans owe more on average compared to owners of ICE vehicles
By Edmunds · Via GlobeNewswire · July 10, 2024
New-Vehicle Buyers ‘Stretched to Financial Limits’ in Q2 2024, According to Edmunds Experts
Despite improved inventory and incentives, analysts say high vehicle prices and unrelenting borrowing costs pose significant challenges for consumers
By Edmunds · Via GlobeNewswire · July 2, 2024
New Vehicle Sales Expected to Remain Flat in Q2 Despite Ongoing Affordability Hurdles and a Challenging June, According to Edmunds
Analysts forecast a SAAR of 15.6M in June
By Edmunds · Via GlobeNewswire · June 27, 2024
New Vehicle Discounting Returns This Memorial Day Weekend Holiday, According to Edmunds Experts
Analysts say a surplus of outgoing model year vehicles from domestic automakers is driving discounts for new-car shoppers this summer
By Edmunds · Via GlobeNewswire · May 22, 2024
Elevated Auto Loan Rates Hinder New- and Used-Car Shoppers in Q1 2024, According to Edmunds
Analysts say the return of new-vehicle incentives aren’t enough to combat steadily high interest rates as negative equity continues to climb
By Edmunds · Via GlobeNewswire · April 2, 2024
New Vehicle Sales Expected to Lift Slightly in Q1 Despite Affordability Challenges, According to Edmunds
Analysts forecast a SAAR of 15.6M in March
By Edmunds · Via GlobeNewswire · March 28, 2024
Negative Equity on Vehicle Trade-Ins Pick Up Steam as Used Car Values Dwindle, According to Edmunds’ Q4 Used Vehicle Report
Analysts say the average amount owed on upside-down car loans climbed to an all-time high in Q4 2023
By Edmunds · Via GlobeNewswire · March 13, 2024
Edmunds Presents 12th Annual Five Star Dealer Awards Honoring Exceptional Customer Service
133 dealers recognized based on sales reviews from car shoppers on Edmunds, with 11 of those earning the prestigious Edmunds Five Star Premier designation
By Edmunds · Via GlobeNewswire · March 4, 2024
Edmunds Top Rated Awards 2024: Honoring the Best Vehicles on Sale Today
Kia EV9 wins Edmunds Top Rated Best of the Best as the first mainstream three-row EV SUV on the market
By Edmunds · Via GlobeNewswire · January 24, 2024
Lower Interest Rates Secured on More Manageable Term Lengths for New Vehicles in Q4, According to Edmunds
Analysts say the return of incentives is a sign of progress, even with new pricing records
By Edmunds · Via GlobeNewswire · January 3, 2024
2024 Predictions: Edmunds Experts Expect Clashing Market Forces in New Year, Forecast 15.7 Million New Vehicles Will Be Sold
Analysts highlight the key auto industry trends they predict will shape the year ahead
By Edmunds · Via GlobeNewswire · December 13, 2023
Hyundai, Kia and Porsche Lead the Charge in Debut of Edmunds EV Charging Test Leaderboard
Pioneering new test sets industry standard, challenges automaker claims
By Edmunds · Via GlobeNewswire · November 15, 2023
Used Car Market Undergoing Transition from Volatility to Stability, According to Edmunds’ Q3 Used Vehicle Report
Analysts say the return of seasonality and customary new vs. used pricing tier differences, along with new-vehicle discounts, are contributing factors
By Edmunds · Via GlobeNewswire · November 13, 2023
New-vehicle Monthly Payments Climb to New Heights in Q3, According to Edmunds
Analysts say swollen interest rates are the culprits behind record financing figures in both the new and used markets
By Edmunds · Via GlobeNewswire · October 3, 2023
New Vehicle Sales Expected to Stay Healthy in Q3 Ahead of UAW Strike Impact, According to Edmunds
Though the sales rate continues to climb year over year even with broader economic headwinds, analysts note the strike could signal new inventory challenges ahead for the Detroit Three
By Edmunds · Via GlobeNewswire · September 27, 2023
Consumer Demand Buoys Used Market Despite Affordability Challenges, According to Edmunds’ Q2 Used Vehicle Report
Analysts say consumers reentering the used market are facing bigger price tags on a limited selection of higher-mileage, older used vehicles
By Edmunds · Via GlobeNewswire · August 28, 2023
Car Shoppers Feel the Heat from Scorching Financing Costs in Q2, According to Edmunds
Analysts say elevated interest rates continue to drive up costs, leading to yet another record share of consumers taking on $1,000+ monthly payments
By Edmunds · Via GlobeNewswire · July 3, 2023
Pent-Up Demand Expected to Prop Up New Vehicle Sales in Q2, According to Edmunds
Although analysts forecast strong sales for Q2 on the whole, they caution that June figures point to a potential plateau for the industry heading into the summer
By Edmunds · Via GlobeNewswire · June 29, 2023
Query: Where Do I Start My Search for a New Vehicle in 2023? Response: Edmunds' New ChatGPT Plugin
Edmunds becomes first U.S. car shopping resource to build a ChatGPT plugin that helps consumers make more informed car purchasing decisions by offering access to original expert vehicle reviews and local inventory
By Edmunds · Via GlobeNewswire · June 26, 2023
EVs Spark Brand Loyalty Shakeup: 8 out of 10 EV Shoppers Say They’re Open to Purchasing From Another Brand
According to new Edmunds survey data, limited options in EV market drive atypical purchasing decisions among consumers
By Edmunds · Via GlobeNewswire · June 20, 2023