Inventory-Related Content | Cox Automotive Inc.

Strategic Inventory Management a Must in Low-Inventory Market 12/01/2021 November new-vehicle sales are forecast by our team to be modestly better than October, but down significantly from November 2020 and well off the 16-to-17 million sales pace the industry enjoyed prior to the global pandemic. Supply chain disruptions and the well-documented microchip shortages have had an enormous impact on both consumers and dealers. On-the-ground inventories are in some cases 15-to-20% of pre-pandemic levels, transaction prices… Read Article

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Used-Vehicle Inventory Edges Higher; Average Price Just Shy of $27,000 11/22/2021 Used-vehicle inventory edged slightly higher in October as the average listing price kept climbing, now just shy of $27,000, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.30M Total UnsoldUsed Vehiclesend of October 42 Days' Supply $26,971 Average Listing Price 68,132 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. edged higher to 2.30 million units at… Read Article

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New-Vehicle Supply Edges Higher Suggesting Worst of Shortages Over 11/17/2021 Still low by historical standards, new-vehicle supply closed higher at the end of October than a month earlier, while the average listing price hit another record high, closing in on $45,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 969,464 Total Inventoryas of Oct. 25, 2021 33 Days' Supply $44,680 Average Listing Price “The higher inventory suggests the worst of the inventory shortage… Read Article

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Used-Vehicle Inventory Improves; Prices Approaching $27,000 10/21/2021 Revised, Nov. 22, 2021 – Used-vehicle inventory improved modestly in September as the average listing price kept climbing, now approaching nearly $27,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.28M Total UnsoldUsed Vehiclesend of September 42 Days' Supply $26,546 Average Listing Price 67,384 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. edged higher to 2.28… Read Article

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New-Vehicle Inventory Falls Below 1 Million in September, Prices Hit All-Time High 10/14/2021 Revised Nov. 17, 2021 – New-vehicle supply fell in September to new lows – fewer than a million vehicles were available for sale – and the average listing price set another record, surpassing $43,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 885,773 Total Inventoryas of Sept. 20, 2021 31 Days' Supply $43,425 Average Listing Price The total U.S. supply of available unsold… Read Article

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Still Tight Used-Vehicle Inventory Pushes Prices Higher 09/21/2021 Revised Oct. 21, 2021 –The average listing price for used vehicles set another record in August as vehicle inventory dipped, according to the Cox Automotive analysis of vAuto Available Inventory data. Though available supply fell, days’ supply held steady throughout August because sales slowed. 2.27M Total UnsoldUsed Vehiclesend of August 38 Days' Supply $25,890 Average Listing Price 67,811 Average Mileage “The lack of supply in the… Read Article

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New-Vehicle Inventory Volume Drops in August, Days’ Supply Stabilizes 09/15/2021 Revised Oct. 14, 2021 – The total volume of new-vehicle inventory declined again in August, as automakers continue to struggle with production due to the computer chip shortage, according to a Cox Automotive analysis of vAuto Available Inventory data. The days’ supply has been holding steady over the past month. 1.01M Total Inventoryas of Aug. 23, 2021 29 Days' Supply $42,392 Average Listing Price The total U.S. supply… Read Article

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Used-Vehicle Listing Price Sets New Record at $25,500, Inventory Remains Tight 08/18/2021 The average listing price for used vehicles set another record in July as vehicle inventory remained tight, according to the Cox Automotive analysis of vAuto Available Inventory data. The days’ supply of vehicles inched higher, but only because sales slowed. 2.40M Total UnsoldUsed Vehiclesend of July 41 Days' Supply $25,498 Average Listing Price 68,455 Average Mileage Topline data revised September 21. Story content has not changed.… Read Article

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New-Vehicle Inventories Low but Starting to Stabilize 08/11/2021 After slumping to historic lows a month ago, new-vehicle inventory, based on days of supply, showed signs of stabilizing as the U.S. industry entered August, according to a Cox Automotive analysis of vAuto Available Inventory data. Still, overall inventory remains far lower than normal while average listing prices keep climbing. 1.11M Total Inventoryas of end of July 30 Days' Supply $41,840 Average Listing Price Topline data… Read Article

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Used-Vehicle Average Listing Price Sets Record; Jumps Above $25,000 07/22/2021 Used-vehicle prices set another record at the end of June, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.40M Total UnsoldUsed Vehiclesend of June 40 Days' Supply $25,093 Average Listing Price 68,700 Average Mileage Topline data revised August 18. Story content has not changed. The average listing price for used vehicles surpassed the $25,000 mark for the first time – $25,101 to be… Read Article

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