In March, the electric vehicle (EV) market experienced shifts in both new and used segments. While sales increased for both new and used EVs, the market share for new EVs saw a slight decline. Inventory levels tightened across the board as recent tariff announcements influenced consumer behavior. New EV transaction prices rose, whereas used EV … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) rose sharply from March in the first 15 days of April. The mid-month Manheim Used Vehicle Value Index increased to 207.1, showing a rise of 4.3% from the full month of April 2024, with the seasonal adjustment dampening the non-adjusted price increase. The non-adjusted … Continued
New-vehicle affordability improved in March and reached the best level in 45 months, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is a key consideration for consumers when vehicle shopping and has been steadily improving over the last several years,” said Jonathan Smoke, chief economist at Cox Automotive. “In 2025, we have seen … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in March1 increased month over month compared to February. A total of 1.66 million used vehicles were sold at retail – from both franchised and independent dealers – during March, up 9.4% month over month and 12.2% year over year. Days’ supply … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of April have decreased both month over month and compared to early April 2024. 2.14M Total UnsoldUsed Vehiclesas of March 31, 2025 39 Days’ Supply $25,180 Average Listing Price 70,487 Average Mileage As April opened, the total supply of … Continued
Nearly 300,0001 new electric vehicles (EVs) were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 11.4% year over year. Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. … Continued
In March 2025, the Dealertrack Credit Availability Index revealed notable changes in auto credit access across various metrics. The All-Loans Index reached 96.4, up from February and a 3.1% rise year over year, marking the highest level of auto credit access since December 2022. Dealertrack Credit Availability Index Auto loan access was up in March … Continued
As the automotive industry starts to navigate the impact of new tariffs, the supply of new vehicles on dealer lots across the U.S. has significantly decreased, according to the Cox Automotive analysis of vAuto Live Market View data. New-vehicle inventory levels at the start of April decreased from March and were lower than in early April … Continued
The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from March include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst, Cox Automotive “All signs point to higher prices this summer, as existing ‘pre-tariff’ inventory is sold down to be eventually replaced with ‘tariffed’ … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the index to decline for the … Continued