Inventory-Related Content | Cox Automotive Inc.

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. 2.45M Total UnsoldUsed Vehiclesend of May 41 Days' Supply $25,101 Average Listing Price 68,613 Average Mileage The average listing price for used vehicles surpassed the $25,000 mark for the first time – $25,101 to be exact. That compares with $24,414 a month earlier. Only a… Read Article

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New-Vehicle Inventories Slumped to Record Low as July Opened 07/14/2021 Revised August 1, 2021 – The U.S. auto industry entered July with historically low inventories that triggered record-high prices, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.34M Total Inventoryas of June 21, 2021 29 Days' Supply $40,999 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.34 million vehicles as June closed. That was down from… Read Article

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June Opens with Higher Used-Vehicle Supply – And Record-High Prices 06/23/2021 Used-vehicle inventory levels moderated through May as the spring sales bounce subsided, according to a Cox Automotive analysis of vAuto Available Inventory data. However, used-vehicle prices did not follow suit and instead set new record highs for the start of June. 2.38M Total UnsoldUsed Vehiclesend of May 38 Days' Supply $24,414 Average Listing Price 67,458 Average Mileage The average listing price soared to $24,414 at the… Read Article

Inventory used-vehicle prices used-vehicles inventory Market Insights Data Point

New-Vehicle Inventories Continue to Drop, Reach Record Low In May 06/11/2021 The auto industry entered June with historically low inventories of unsold new vehicles due to continued strong sales and further production disruptions caused mostly by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.78 Total Inventory 35 Days' Supply $40,566 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.78 million units… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

Used-Vehicle Prices Open May at All-Time High 05/20/2021 Used-vehicle prices hit an all-time high at the opening of May, and supply stabilized though remained well below 2020 and 2019 levels, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.23M Total Unsold Used Vehiclesend of April 35 Days' Supply $22,568 Average Listing Price 68,063 Average Mileage The average listing price surpassed the $22,000 mark for the first time ever in April, closing… Read Article

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Record April Sales Deplete May New-Vehicle Inventory 05/14/2021 Record April sales significantly depleted the inventory of new vehicles for the usually booming month of May, a situation exacerbated by production disruptions caused by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 2.24M Total Inventory 44 Days' Supply $39,633 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 2.24 million as… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

Used-Vehicle Inventory Rapidly Depleted Due to Brisk Sales 04/21/2021 Used-vehicle inventory tumbled through March to lows not seen since last summer, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.34M Total Unsold Used Vehicles end of March 33 Days' Supply $21,343 Average Listing Price The total supply of unsold used vehicles totaled 2.34 million vehicles at the end of March, down from 2.59 million vehicles at the end of February, which was… Read Article

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New-Vehicle Inventory Evaporating on Strong Sales 04/14/2021 Robust March sales rapidly drew down new-vehicle inventory to the lowest levels in some time just as the spring selling season got rolling, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.66M Total Inventory 59 Days' Supply $39,717 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 2.66 million as March drew to a close, down from 2.82… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

Used-Vehicle Inventory Tightens as Sales Pace Quickens 03/17/2021 Used-vehicle inventory fell from January to February just as the spring selling season got off to an early start, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.59M Total Unsold Used Vehicles end of February 48 Days' Supply $21,627 Average Listing Price The total supply of unsold used vehicles totaled 2.59 million at the end of February, down from 2.66 million vehicles at… Read Article

Inventory used-vehicle inventory Market Insights Data Point

New-Vehicle Inventory and Prices Climb in February 03/11/2021 New-vehicle inventory climbed through February due to slower sales caused by winter storms, but it remains lower than year-ago levels as prices keep rising, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.82M Total Inventory 78 Days' Supply $40,178 Average List Price The total U.S. supply of available unsold new vehicles stood at 2.82 million as February closed. It was the highest inventory… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point