Kelley Blue Book Report: New-Vehicle Prices Increase Year Over Year in February, With Record EV Incentives and Booming Six-Figure Vehicle Sales

4 min read

The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from February include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst Cox Automotive “February marks the five-year anniversary of the last ‘clean month’ of data prior to the global COVID pandemic that shifted the … Continued

Access to Auto Credit Improves in February

5 min read

In February 2025, the Dealertrack Credit Availability Index revealed improvement in auto credit access across all channels, except new, and was mixed across lender types. The All-Loans Index reached 95.9, up from January and a 3.0% rise year over year. This is the highest level of auto credit access since December 2022. Dealertrack Credit Availability … Continued

Wholesale Used-Vehicle Prices Decreased in February

7 min read

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in February compared to January. The Manheim Used Vehicle Value Index (MUVVI) decreased to 204.1, which reflects a 0.1% increase from a year ago. The seasonal adjustment to the index drove the monthly move for the index, as non-seasonally adjusted values rose … Continued

EV Market Monitor – January 2025

3 min read

In January, the electric vehicle market experienced revealing trends across both new and used segments. While new EV sales saw a decline in volume, market share reached a record high, reflecting sustained consumer interest. Meanwhile, the used EV market continued to grow, driven by affordability and more model options. Inventory dynamics, including days’ supply and … Continued

Wholesale Used-Vehicle Prices Decrease in the First Half of February

4 min read

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from January in the first 15 days of February. The mid-month Manheim Used Vehicle Value Index fell to 203.3, now showing a decline of 0.2% from the full month of February 2024. The seasonal adjustment countered the February non-adjusted price increase. The non-adjusted … Continued

New-Vehicle Affordability Hits 41-Month High in January

2 min read

New-vehicle affordability improved in January to the best level in 41 months, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “New-vehicle affordability received a boost from the lower prices typically observed in January following the luxury brand sales surge in December,” said Jonathan Smoke, chief economist at Cox Automotive. “These lower prices, combined with … Continued

Retail Used-Vehicle Sales Increase in January, Up 8% Year Over Year

3 min read

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in January1 increased month over month compared to December. A total of 1.41 million used vehicles were sold at retail – from both franchised and independent dealers – during January, up 8% year over year. Days’ supply of used vehicles at the … Continued

Used-Vehicle Inventory Increases as Tax Season Revs Up

3 min read

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

January New-Vehicle Sales Drop, Days’ Supply Surges 26% Due to Weather Disruptions and New Year Lull

3 min read

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

Kelley Blue Book Report: Average New-Vehicle Prices Fell in January, But Were Higher Year Over Year By 1.3%

3 min read

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