According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of May have increased month over month but are down compared to early May 2024. 2.22M Total UnsoldUsed Vehiclesas of May 1, 2025 43 Days’ Supply $25,547 Average Listing Price 71,423 Average Mileage As May opened, the total supply … Continued
Even as the whipsaw of changing tariff policy continued to dominate the headlines, the dynamics of the April new-vehicle market unfolded as expected. New-vehicle sales momentum continued from the end of March and into April, before beginning to taper off. New-vehicle inventory declined further, by 7.4% from March, according to the Cox Automotive analysis of vAuto Live … Continued
After reaching its best level in 45 months in March, new-vehicle affordability fell in April despite a strong economy, due to the impact of tariffs, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “New-vehicle affordability declined in April to the worst level yet this year as the bite of higher prices and lower incentives … Continued
In April 2025, the Dealertrack Credit Availability Index revealed notable changes in auto credit access across various metrics. The All-Loans Index was 95.7 in April, compared to 96.3 in March, indicating a month-over-month decrease of 0.7% and a year-over-year increase of 0.7%. Dealertrack Credit Availability Index Auto loan access was down in April and up … Continued
The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from the April report include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst, Cox Automotive “Ever since President Trump announced auto tariffs 47 days ago, the cost of new cars has been steadily climbing. … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were much higher in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.2, an increase of 4.9% from a year ago and also higher than March levels by 2.7%. This is the highest reading for the index since October … Continued
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