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"Chances are, with used prices as high as they are right now, the value of your vehicle is going to be much higher than predicted when you started your lease three years ago," said Edmunds' analyst Jessica Caldwell.
Have a Car Lease Coming Up This Year? You Could Pocket Some Serious Money
"Generally speaking, it is almost always less expensive to repair a car than buy a new one. Even something as severe as an engine or transmission rebuild will cost you roughly $1,200 to $5,000 — far less than buying a new car. And while $3,000 to $5,000 would make a nice down payment, you'd still need to consider the monthly payment, which is $637 on the average new car with a 70-month loan, according to the latest Edmunds data. Used cars might not be much relief either, as the average payment hit a record $535 in late February."
Edmunds: Should you fix your car - or buy a new one? The answer will differ for everyone
"The number of people browsing for green vehicles has increased in recent weeks as gas prices climbed, according to Edmunds. Availability of electric vehicles is scarce; of all the vehicles for sale at one Illinois dealership, only one is fully electric."
"Gee, it sure would be a nice time to own an electric vehicle. A bunch of people apparently agree. The car-shopping company Edmunds says that searches for hybrids, plug-in hybrids, and battery electric vehicles jumped nearly 40 percent over the past month—up 18 percent in the first week of March alone."
It's a Perfect Time for EVs. It's a Terrible Time for EVs
"Hyundai introduces the Ioniq 5, the latest member of the Ioniq family of vehicles, as its first electric vehicle designed from the ground up. It is positioned as an attainable, feature-rich and stylish crossover with strong range figures. Which EV is best? Edmunds’ experts compared them to find out."
Edmunds: Hyundai Ioniq 5 vs. Tesla Model Y
"It has been difficult to find a new car in today’s market, which has been plagued by chip shortages and supply chain issues. Many dealership lots are looking bare, and the few cars they carry might not have the options you need or are more expensive than you planned on spending. Luckily, the experts at Edmunds have a workaround for you."
"The Wall Street Journal [...] crunched the numbers provided by automotive research firm Edmunds and found that the Dodge Grand Caravan had surged the most among three-year old used cars, up 69% percent from last year."
Here Are The Used Cars That Have Risen The Most In Price - Digg
"With low supply and high demand, many new car buyers are spending hundreds or thousands above sticker price for a vehicle. Manufacturers are also upset with price gouging, offering warnings to dealers. NBC’s Kerry Sanders reports for TODAY." — TODAY show, featuring data from the Insights team and an interview with Ivan Drury, Edmunds' senior manager of insights
Prices soar for new and used cars: What you need to know
"February is the month of love, and for many people, that means trying to find Mr. or Mrs. Right. The same goes for cars. It isn’t easy finding the right one, and many have personalities of their own. So why not choose your next car as you would a date? The car experts at Edmunds have evaluated five cars with distinct personalities in the hopes of matching you with the next automotive love of your life."
Edmunds: Best car matches for Valentine's Day
"Ford’s F-150 has been the best-selling truck in America for more than four decades, and it will likely continue that trend in 2022. But there’s another full-size truck that’s also garnering a lot of attention: the 2022 Toyota Tundra. After many years on the market without a significant update, the Toyota Tundra finally receives a complete redesign that ushers in new engines and features. Is it enough to topple the tried-and-true F-150? The experts at Edmunds compare the 2022 F-150 and 2022 Tundra to find out."
Edmunds: 2022 Ford F-150 vs. 2022 Toyota Tundra