According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in November1 increased month over month compared to September.
A total of 1.39 million used vehicles were sold at retail – from both franchised and independent dealers – during November, up 1.9% year over year and 2.3% month over month. Days’ supply of used vehicles in the most recent report was 50, up two days compared to the same time last year and even with October.
Monthly Used-Vehicle Retail Sales Volume
“Used-vehicle inventory continues to build, reaching a new high for 2025 as December begins,” said Scott Vanner, manager of Economic and Industry Insights at Cox Automotive. “This sustained increase, paired with steady sales and easing prices, reflects a market where affordability and improving credit conditions are drawing buyers to used vehicles.”
The retail used-vehicle sales estimates are based on observed unit changes tracked by vAuto, a Cox Automotive brand specializing in inventory management. The vAuto Live Market View database provides guidance on sales pace and volume over time. Full-year sales volume, based on registrations and other sources, is updated annually.
CPO Sales Down Slightly in November
Certified pre-owned (CPO) sales decreased 1.8% year over year in November, according to data reviewed by Cox Automotive, outperforming the broader new-vehicle market, which was lower by 4.3% year over year. CPO sales in November were down 1.5% month over month. November’s CPO sales are estimated at 205,825, down from 208,948 in October. Year-to-date CPO sales are 2.3% higher than the same period last year.
1The estimated monthly retail used-vehicle sales number is based on vAuto Live Market View data from the most recent 30-day period. This change aligns the sales data in the monthly estimated sales report with the monthly inventory report. The historical data in the downloadable file has been updated to reflect comparable 30-day sales data. The 2024 implied sold and days’ supply numbers affected by the CDK outage have been normalized.
