Harness the power of connected data for game-changing results

The Power of Cox Automotive

Harness the power of connected data

for game-changing results

Intelligently Powering the Future of Automotive Through Connected Data

With an ecosystem under stress and daily market conditions in flux, it’s more important than ever to have accurate and timely information. Our data and technology serve as the backbone of our ability to successfully service the entire ecosystem of vehicle buyers, sellers, owners, and users. And the evolution of our connected intelligence capability ensures that Cox Automotive continues to relentlessly leverage the full breadth of our data assets, our technology and our talent for the tremendous benefit of our clients.

DRiVEQ data intelligence engine enables more connected data and real-time insights than anywhere else with level of accuracy that’s invaluable to meeting your business goals.

bi-weekly update

Jonathan Smoke, Cox Automotive’s chief economist, examines the nationwide impact on U.S. auto sales.

Share THE BI-WEEKLY UPDATE

AUTO MARKET SNAPSHOT

Powered By DRiVEQ

Last update 01/17/2025

Arrow direction indicates change from previous update.

SALES & SERVICE

Light vehicle sales in the U.S., including full-year forecasts. Plus, repair order volume and revenue at franchised dealer service departments.

Used Retail Sales: December

1.39M

Estimate of last 30-day volume of used light vehicles sold in the U.S.

Source: vAuto Live Market View

Last update 01/17/2025

CPO Sales: December

216,955

Total monthly volume of used vehicles sold as certified pre-owned in the U.S.

Source: Cox Automotive analysis of Motor Intelligence data

Last update 01/16/2025

Repair Order Revenue Index: December

142.7

Monthly measure of the average revenue from each repair order performed by a franchised dealer service department.

Source: Xtime

Last update 01/14/2025

Repair Order Volume Index: December

81.3

Monthly measure of the number of repair orders performed by a franchised dealer service department.

Source: Xtime

Last update 01/14/2025

Fleet Sales: December

178,395

Total monthly volume of light vehicles sold into fleet in the U.S.

Source: Cox Automotive analysis of Bobit data

Last update 01/06/2025

Used Electric Vehicle Sales: November

25,670

Monthly estimated sales volume of used electric vehicles in the U.S.

Source: Kelley Blue Book

Last update 12/19/2024

New Electric Vehicle Sales: November

116,072

Monthly estimated sales volume of new electric vehicles in the U.S.

Source: Kelley Blue Book

Last update 12/19/2024

Forecasts: Full Year

16.3M

Full-year forecasts for light new- and used-vehicles, fleet and CPO sales, leasing volume and penetration and Manheim Used Vehicle Value Index.

Source: Cox Automotive

Last update 12/17/2024

New Sales: December

1.47M

Forecast for total monthly volume of new light vehicles sold in the U.S.

Source: Cox Automotive

Last update 12/17/2024

PRICING

An industry view of new, used and wholesale vehicle pricing as well as measures of credit availability and vehicle affordability.

Average Used Listing Price: December

$25,721

The average price of all used vehicle digital listings.

Source: vAuto Live Market View

Last update 01/17/2025

Used-Vehicle Value Index: Mid-January

205.4

Monthly measure of wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis).

Source: Manheim

Last update 01/17/2025

Average New Listing Price: December

$49,853

The average price of all new-vehicle digital listings.

Source: vAuto Live Market View

Last update 01/16/2025

New Auto Loan Rate: December

8.64%

The volume-weighted average new auto loan rate on Dealertrack.

Source: Dealertrack

Download Data

Last update 01/16/2025

Used Auto Loan Rate: December

13.40%

The volume-weighted average used auto loan rate on Dealertrack.

Source: Dealertrack

Download Data

Last update 01/16/2025

Vehicle Affordability Index: December

38.2

A monthly measure of the number of median weeks of income needed to purchase a new vehicle.

Source: Cox Automotive/Moody's Analytics

Last update 01/15/2025

Average New Transaction Price: December

$49,740

The estimated negotiated price for a new light vehicle in the U.S. excluding incentives, trade-in, taxes, fees or F&I.

Source: Kelley Blue Book

Last update 01/15/2025

Credit Availability Index: December

95.5

A monthly index based on Dealertrack credit application data that indicates whether access to auto loan credit is improving or worsening.

Source: Dealertrack

Last update 01/13/2025

Average Used Electric Vehicle Listing Price: November

$37,341

The average price of all used electric vehicle digital listings.

Source: Kelley Blue Book

Last update 12/19/2024

Average New Electric Vehicle Transaction Price: November

$55,105

The estimated negotiated price for a new electric vehicle in the U.S. excluding incentives, trade-in, taxes, fees or F&I.

Source: Kelley Blue Book

Last update 12/19/2024

INVENTORY

An industry view of available new- and used-vehicle inventory in number of units and days’ supply.

Used-Vehicle Days’ Supply: December

Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.

Source: vAuto Live Market View

Last update 01/17/2025

Used-Vehicle Inventory: December

2.22M

The number of used vehicles available for sale.

Source: vAuto Live Market View

Last update 01/17/2025

New-Vehicle Days’ Supply: December

Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.

Source: vAuto Live Market View

Last update 01/16/2025

New-Vehicle Inventory: December

2.88M

The number of new vehicles available for sale.

Source: vAuto Live Market View

Last update 01/16/2025

Used Electric Vehicle Days' Supply: November

Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.

Source: vAuto Live Market View

Last update 12/19/2024

New Electric Vehicle Days' Supply: November

Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.

Source: vAuto

Last update 12/19/2024

Sign up to receive bi-weekly updates with the latest car buyer insights, automotive trends and operational best practices.

The Power of Cox Automotive