Kelley Blue Book Report: New-Vehicle Prices Trend Higher, as Higher Costs Hit Automakers, 2026 Model Year Product Arrives

4 min read

New-vehicle prices in July remained largely unchanged from June, with only a slight decline month over month as incentive spending accelerated and fueled strong sales volumes. According to new estimates from Kelley Blue Book, however, annual gains in new-vehicle average transaction prices (ATPs) and manufacturer’s suggested retail prices (MSRPs) – two key measures of vehicle … Continued

Auto Credit Access Climbs for Third Straight Month in July, Driven by Higher Approvals and Competitive Rates

4 min read

In July 2025, the Dealertrack Credit Availability Index continued its upward trend, reflecting a third consecutive month of improved credit access. The All-Loans Index rose to 98.1, up from 97.1 in June, marking a 1.0-point increase month over month. This extends the broader run of loosening credit conditions that began in late summer 2024. The … Continued

Wholesale Used-Vehicle Prices Decrease in July

7 min read

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.4, which is still an increase of 2.9% from a year ago, while lower than June levels by 0.5%. The seasonal adjustment muted the results for the month, … Continued

EV Market Monitor – June 2025

Expert Perspectives 5 min read

The EV market in June showed signs of steady momentum, even as underlying dynamics continued to shift. New EV sales softened slightly, but market share climbed. Used EV sales dipped month over month but remained sharply higher than a year ago. Inventory levels, pricing and incentives all indicate a market adjusting to evolving consumer demand … Continued

Wholesale Used-Vehicle Prices Decrease in First Half of July

5 min read

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.7% from June in the first 15 days of July. The mid-month Manheim Used Vehicle Value Index was 206.9, showing a rise of 2.6% from the full month of July 2024. The seasonal adjustment reduced the results for the index in the month, which was … Continued

New-Vehicle Affordability Sees Modest Rebound in June After Tariff-Driven Decline

3 min read

New-vehicle affordability improved slightly in June, reversing some of the deterioration following the announcement of new tariffs, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Tariffs remain a major headwind for vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “Even with some trade relief, the added cost – up to $5,700 per imported … Continued

Kelley Blue Book Report: New-Vehicle Costs Rise in June, Outpacing Transaction Prices as Sales Slow, Incentives Tick Up

4 min read

The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in … Continued

Q2 EV Sales Dip During Record First Half; Q3 Poised for Spike Before Tax Credit Expires

4 min read

According to the latest report from Cox Automotive’s Kelley Blue Book team, sales of new electric vehicles (EVs) in the second quarter of 2025 were lower year over year by 6.3%, in line with the Cox Automotive forecast. A total of 310,839 new EVs were sold in the U.S, down from 331,853 in the same … Continued

Used-Vehicle Inventory Holds Steady in June as Affordability Keeps Demand Strong

3 min read

Updated, Aug. 15, 2025 – According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July showed little change month over month and remained largely unchanged compared to early July 2024. 2.20M Total UnsoldUsed Vehiclesas of June 30, 2025 48 Days’ Supply $25,342 Average Listing Price 73,273 Average … Continued

Used-Vehicle Retail Sales Dip in June; CPO Volume Falls Sharply

2 min read

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in June1 decreased month over month compared to May.  A total of 1.46 million used vehicles were sold at retail – from both franchised and independent dealers – during June, down 1.5% month over month and up 2.4% year over year. Days’ … Continued