According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels increased from January to the start of February. Still, used-vehicle inventory was lower than in early February 2024. 2.23M Total UnsoldUsed Vehiclesas of Feb. 3, 2025 48 Days’ Supply $25,128 Average Listing Price 70,367 Average Mileage As February opened and tax season … Continued
December brought an optimistic end to the year, with consumer sentiment riding high and high-priced vehicles selling like hotcakes. As is common in the new year, consumers slow down; new-vehicle sales in January were down by 25% month over month. Weather disruptions and the general desire to focus on the year ahead leave more buyers … Continued
The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways in January include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst Cox Automotive. “After a surprisingly hot December, both new-vehicle sale volume and prices were lower in January as the market took a seasonal … Continued
In January 2025, the Dealertrack Credit Availability Index reported an improvement in auto credit accessibility across all channels, with varying results among different types of lenders. The All-Loans Index reached 95.4, flat from December but a 2.9% rise year over year. This remains the highest level of auto credit access since March 2023, considering December’s … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) moved 0.4% higher in January compared to December, causing the Manheim Used Vehicle Value Index (MUVVI) to increase to 205.6, a gain of 0.8% from a year ago. The seasonal adjustment to the index muted the movement for the month, as non-seasonally adjusted values … Continued
As December 2024 wrapped up, the U.S. electric vehicle (EV) market continued to reach new milestones. December saw record-breaking EV market share for both new and used EVs, with inventory levels tightening and closing the gap between EVs and ICE+ models. While the average transaction price for new EVs edged up slightly, the average listing … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in December1 were flat month over month compared to November. A total of 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during December, up 12% year over year. Days’ supply of used vehicles at … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of January increased from December but were lower than in early January 2024. 2.22M Total UnsoldUsed Vehiclesas of Jan. 6, 2025 48 Days’ Supply $25,721 Average Listing Price 68,787 Average Mileage As January opened, the total supply of used … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were higher than those of December in the first 15 days of January. The mid-month Manheim Used Vehicle Value Index rose to 205.4, now showing a gain of 0.7% from the full month of January 2024. The seasonal adjustment dampened the results for the … Continued
New-vehicle sales roared at the end of the year, with a strong December finish. Following the resolution of election uncertainties, interest rates began to decline and inventory levels reached their peak for the year. This created an ideal blend of improved consumer sentiment, bigger discounts and evident optimism in the market. New-vehicle sales rose by … Continued
