Tax season is off to a strong start, with 28% of all refunds issued totaling $102.25 billion, a 10% increase from last year, according to the most recent data available on Feb. 21. The average refund has risen 7% year…
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…
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.…
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…
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…
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…
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…
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…
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…
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.…
