Estimated Monthly Used-Vehicle SAAR and Volume
Total used-vehicle sales in May are estimated to be near 3.18 million units, down 16% from May 2021, according to Cox Automotive. The seasonally adjusted annual rate (SAAR), or sales pace, is estimated to be near 36.8 million, down from last May’s 44.0 million level but above April’s revised 34.7 million pace. Used retail sales … Continued