icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube
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 05/20/2024
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.
Repair Order Revenue Index: April
up 141.6
Monthly measure of the average revenue from each repair order performed by a franchised dealer service department.
Source: Xtime
See More
Last update 05/20/2024
Repair Order Volume Index: April
down 82.7
Monthly measure of the number of repair orders performed by a franchised dealer service department.
Source: Xtime
See More
Last update 05/20/2024
CPO Sales: April
down 209,265
Total monthly volume of used vehicles sold as certified pre-owned in the U.S.
Source: Cox Automotive analysis of Motor Intelligence data
See more
Last update 05/15/2024
Used Retail Sales: April
down 1.45M
Total monthly volume of used light vehicles sold in the U.S.
Source: vAuto Live Market View
See More
Last update 05/15/2024
Fleet Sales: April
down 202,309
Total monthly volume of light vehicles sold into fleet in the U.S.
Source: Cox Automotive analysis of Bobit data
See More
Last update 05/07/2024
New Sales: April
down 1.34M
Forecast for total monthly volume of new light vehicles sold in the U.S.
Source: Cox Automotive
See More
Last update 04/24/2024
Forecasts: Full Year
up 15.7M
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
See More
Last update 01/23/2024
PRICING
An industry view of new, used and wholesale vehicle pricing as well as measures of credit availability and vehicle affordability.
Used Auto Loan Rate: April
down 14.11%
The volume-weighted average used auto loan rate on Dealertrack.
Source: Dealertrack
Last update 05/17/2024
New Auto Loan Rate: April
up 9.70%
The volume-weighted average new auto loan rate on Dealertrack.
Source: Dealertrack
Last update 05/17/2024
Average Used Listing Price: April
up $25,571
The average price of all used vehicle digital listings.
Source: vAuto Available Inventory
See More
Last update 05/17/2024
Used-Vehicle Value Index: Mid-May
up 199.1
Monthly measure of wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis).
Source: Manheim
See More
Last update 05/17/2024
Average New Listing Price: April
up $47,433
The average price of all new-vehicle digital listings.
Source: vAuto Available Inventory
See More
Last update 05/16/2024
Vehicle Affordability Index: April
up 37.7
A monthly measure of the number of median weeks of income needed to purchase a new vehicle.
Source: Cox Automotive/Moody's Analytics
See More
Last update 05/15/2024
Average New Transaction Price: April
up $48,510
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
See More
Last update 05/14/2024
Credit Availability Index: April
down 98.3
A monthly index based on Dealertrack credit application data that indicates whether access to auto loan credit is improving or worsening.
Source: Dealertrack
See More
Last update 05/10/2024
INVENTORY
An industry view of available new- and used-vehicle inventory in number of units and days’ supply.
Used-Vehicle Days’ Supply: April
up 46
Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.
Source: vAuto Available Inventory
See More
Last update 05/17/2024
Used-Vehicle Inventory: April
up 2.27M
The number of used vehicles available for sale.
Source: vAuto Available Inventory
See More
Last update 05/17/2024
New-Vehicle Days’ Supply: April
up 76
Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.
Source: vAuto Available Inventory
See More
Last update 05/16/2024
New-Vehicle Inventory: April
up 2.84M
The number of new vehicles available for sale.
Source: vAuto Available Inventory
See More
Last update 05/16/2024
Sign up to receive bi-weekly updates with the latest car buyer insights, automotive trends and operational best practices.