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

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

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

Auto Credit Access Improves Again in June as Some Lenders Loosen Standards

In June 2025, the Dealertrack Credit Availability Index continued its upward trend, reflecting a second consecutive month of improved credit access. The All-Loans Index rose to 97.3, up from 96.5 in May, marking a 0.8-point increase month over month. This extends the broader run of loosening credit conditions that began in late summer 2024. The only notable interruption in this trend was … Continued

New-Vehicle Inventory Grows as Sales Flatten, Tariff Impact Still Minimal

Updated, Aug. 15, 2025 – Everyone is hunting for clear evidence of higher prices on new vehicles driven by tariffs, and yet, the story just hasn’t materialized. Automakers continue to hold their fire on raising the manufacturer’s suggested retail prices (MSRPs) significantly as demand remains tepid and policy has yet to be solidified. New-vehicle inventory … Continued

Wholesale Used-Vehicle Prices Increase in June

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell … Continued

New Study: Dealers Lean into Digital Retailing, External Partnerships and AI to Drive Efficiency and Profitability

Cox Automotive’s newest study on the Digitization of Automotive Retail reveals a continued acceleration in online retailing, AI adoption, and third-party integrations.   Key highlights: – Dealers offering every purchase step online have doubled in two years. – Consumers and dealers agree digital retailing enhances efficiency—but both cite gaps in connecting online to in-store experiences. – AI use is … Continued

EV Market Monitor – May 2025

In May 2025, the electric vehicle (EV) market displayed a complex mix of growth and challenges. While new EV sales experienced modest monthly gains, year-over-year declines indicated broader industry pressures. Meanwhile, the used EV market continued its upward trajectory, driven by affordability and consumer confidence. Inventory levels, pricing trends and incentive strategies all reflected a … Continued

Wholesale Used-Vehicle Prices Increase in First Half of June

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased from May in the first 15 days of June. The mid-month Manheim Used Vehicle Value Index rose 1.7% to 208.7, showing a rise of 6.5% from the full month of June 2024. The weaker seasonal adjustment drove the higher result for the index, … Continued

New-Vehicle Affordability Stalls at 2025 Low in May

New-vehicle affordability remained steady in May at the worst level this year, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “The U.S. economy remains fundamentally strong, but the recent tariffs have had a swift and measurable impact on vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “After reaching the lowest affordability point of the year … Continued

Used-Vehicle Inventory Drops Slightly as Sales Hold Steady

According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of June dropped slightly month over month. Still, inventory was relatively flat compared to early June 2024. 2.21M Total UnsoldUsed Vehiclesas of June 2, 2025 43 Days’ Supply $25,470 Average Listing Price 72,879 Average Mileage As June opened, the … Continued