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.…
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…
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…
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…
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+…
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…
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…
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%…
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…
New-vehicle affordability declined in December, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. Lower interest rates, higher incentives and increased incomes could not offset the impact of higher prices. “In December, new vehicles were only slightly less affordable than…
