Inventory-Related Content | Cox Automotive Inc.

Used-Vehicle Market Remains Resilient, Days’ Supply 30% Higher Than A Year Ago 09/16/2022 Used-vehicle inventory volume held steady from July to August, as did prices – a sign of market stability, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.46M Total UnsoldUsed Vehiclesas of Aug. 29, 2022 49 Days' Supply $28,061 Average Listing Price 70,845 Average Mileage The total supply of unsold used vehicles on dealer lots, both franchised dealers and independents, across the U.S. stood… Read Article

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New-Vehicle Inventory Closes August at Highest Level Since June 2021 09/15/2022 New-vehicle inventory closed August higher than it did a year ago, when the global computer chip shortage began hurting production, but supply remains low compared with pre-pandemic times, according to Cox Automotive’s analysis of vAuto Available Inventory data. After bumping around through the month, the average listing price closed August about where it was at the end of July. 1.23M Total Inventoryas of Aug. 29, 2022… Read Article

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Used-Vehicle Supply Holds Steady at Normal Level, Prices Rise 08/12/2022 Revised, Sept. 15, 2022 – Used-vehicle inventory held steady from June to July, while sales – and prices – registered an uptick by month’s end, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.46M Total UnsoldUsed Vehiclesas of July 25, 2022 52 Days' Supply $28,205 Average Listing Price 69,443 Average Mileage The total supply of unsold used vehicles on dealer lots, both franchised… Read Article

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Still-Low New-Vehicle Inventory Closes July Higher Than Year-Ago Level 08/11/2022 Revised, Sept. 15, 2022 – New-vehicle inventory at the end of July was higher than it was a year ago, when the global computer chip shortage began hurting production, but supply remains low compared with pre-pandemic times, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.09M Total Inventoryas of July 25, 2022 37 Days' Supply $46,424 Average Listing Price The total U.S. supply of… Read Article

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Used-Vehicle Market Looking More Normal in Inventory as Prices Inch Down 07/14/2022 In contrast to the new-vehicle market, the used-vehicle market is looking more normal with reasonably strong sales, decent inventory and prices that are high but have begun to inch down, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.46M Total UnsoldUsed Vehiclesas of June 27 52 Days' Supply $28,004 Average Listing Price 69,859 Average Mileage “The used-vehicle market is doing just fine,” said… Read Article

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New-Vehicle Inventory Holds Steady as Asking Prices Retreat at Month’s End 07/14/2022 The average listing price for new vehicles rose throughout June but began to retreat by the end of the month, while inventory held relatively steady, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.12M Total Inventoryas of July 25, 2022 38 Days' Supply $46,001 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.12 million units at the end… Read Article

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Asking Prices Inch Down as Used-Vehicle Supply Holds Steady 06/16/2022 Revised, July 14, 2022 – In contrast to new vehicles that are seeing rising prices, the average listing price of used vehicles has begun to inch down ever so slightly as supply holds relatively steady, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.47M Total UnsoldUsed Vehiclesas of May 30 48 Days' Supply $28,312 Average Listing Price 68,485 Average Mileage “The end of… Read Article

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Gas Prices Played a Role in Still-Low New-Vehicle Inventory in May 06/16/2022 Revised, July 14, 2022 – New-vehicle inventory remained at the same level it has been for months, according to Cox Automotive’s analysis of vAuto Available Inventory data, despite comments from some automotive executives that the global computer chip shortage is easing, and vehicle production is resuming to normal levels. 1.13M Total Inventoryas of May 30, 2022 35 Days' Supply $45,504 Average Listing Price As gas prices… Read Article

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Used-Vehicle Supply Holds Steady as Asking Prices Rise 05/19/2022 Revised, June 16, 2022 – A spring sales bounce that has been late coming and more spread out than expected has now led to used-vehicle supply holding largely steady in April, according to the Cox Automotive analysis of vAuto Available Inventory data. The average retail list price, however, resumed its upward trajectory, surpassing the $28,000 mark again. 2.52M Total UnsoldUsed Vehiclesas of May 2 42 Days'… Read Article

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New-Vehicle Inventory Remains Stuck in Neutral in April 05/18/2022 Revised, June 16, 2022 – New-vehicle inventory barely budged in April due to continued supply chain disruptions, according to a Cox Automotive analysis of vAuto Available Inventory data. Inventory of imports and small, fuel-efficient models were among the lowest due to strong demand driven in part by rising gas prices. Prices in April rose as well, with the average new vehicle listing price climbing again above… Read Article

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