Inventory-Related Content | Cox Automotive Inc.

Spring Selling Season Kicks Off Early With Used-Vehicle Supply Low 03/17/2023 The supply of used vehicles is lean as the spring selling season kicked off early and briskly this year, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.07M Total UnsoldUsed Vehiclesas of Feb. 27, 2023 41 Days' Supply $26,068 Average Listing Price 70,220 Average Mileage “Used-vehicle sales have been up significantly, causing inventory to fall quickly in recent weeks and leaving dealers with… Read Article

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February New-Vehicle Inventory Climbed While Sales Grew and Prices Retreated 03/16/2023 New-vehicle supply closed February higher than it ended January despite surprisingly strong sales, according to Cox Automotive’s analysis of vAuto Available Inventory data. The average listing price edged lower. 1.80M Total Inventoryas of Feb. 27, 2023 56 Days' Supply $47,326 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.80 million units at the end of February, compared with an upwardly… Read Article

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Used Car Dealer Podcast Episode 48: Interview with Dale Pollak, vAuto Founder and EVP at Cox Automotive 03/13/2023 In this Used Car Dealer Podcast episode, Zach Klempf interviews Dale Pollak, Founder, vAuto and EVP, Cox Automotive. Dale discusses trends in the used vehicle market, as well as why now is the time for dealers to move from Velocity to Variable Management. He also touches on how vAuto’s ProfitTime GPS helps dealers implement a variable inventory management strategy. Watch the Episode. Read Article

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Used-Vehicle Supply is Lean for Spring Selling Season 02/17/2023 The supply of used vehicles is lean as the spring selling season seems to be kicking off early this year, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.21M Total UnsoldUsed Vehiclesas of Jan. 23, 2023 48 Days' Supply $26,510 Average Listing Price 68,994 Average Mileage The total supply of unsold used vehicles on dealer lots, both franchised dealers and independents, across the… Read Article

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New-Vehicle Inventory Edged Lower; Listing Prices Stabilize 02/16/2023 Revised, March 16, 2023 – New-vehicle inventory edged lower in January from December but remained significantly higher than a year ago, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.75M Total Inventoryas of Jan. 23, 2023 58 Days' Supply $47,521 Average Listing Price The total U.S. supply of available unsold new vehicles stood at a upwardly revised 1.75 million units near the end of… Read Article

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Used Vehicles Have Steady Supply, Lower Average Asking Price 01/13/2023 The used-vehicle market has stabilized, resembling the pre-pandemic normal, with inventory holding steady and prices dipping from their record highs, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.32M Total UnsoldUsed Vehiclesas of Dec. 26, 2022 54 Days' Supply $27,143 Average Listing Price 69,418 Average Mileage The total supply of unsold used vehicles on dealer lots, both franchised dealers and independents, across the… Read Article

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Inventory Build-Up Suggests Incentives May Be Coming 01/12/2023 Revised, Feb. 16, 2023 – New-vehicle inventory stacked up in December, suggesting some automakers may be forced to bring back incentives to spur sluggish sales and draw down supply, according to Cox Automotive’s analysis of vAuto Available Inventory data. Despite stagnated sales and rising supply, prices still increased. “New-vehicle inventory climbed through December, nearing what used to be considered ‘normal’ levels in the pre-pandemic era,” said… Read Article

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Commentary: How Variable Management Helps Cure a Used-Vehicle Hangover 01/09/2023 Auto Remarketing, Jan. 9. 2023 – Dale Pollak, founder of vAuto and executive vice president of Cox Automotive, writes in an opinion piece about how dealers have a "hangover problem" where they have overindulged while times were great. In this article, Pollak offers a hangover cure in the form of a new method to manage used-vehicle inventory, called variable management. Read the Article. Read Article

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Used-Vehicle Prices Keep Falling as Inventory Stabilizes, Sales Drop 12/16/2022 Revised, Jan. 13, 2023 – Used-vehicle asking prices fell again through the month of November to their lowest average since last spring as inventory stabilized and sales fell, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.33M Total UnsoldUsed Vehiclesas of Nov. 28, 2022 54 Days' Supply $27,156 Average Listing Price 69,916 Average Mileage The total supply of unsold used vehicles on dealer… Read Article

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New-Vehicle Inventory Climbs in November; Prices Stay High 12/14/2022 Revised, Jan. 12, 2023 – New-vehicle inventory volume continued to climb through November as production increased and sales slowed, according to Cox Automotive’s analysis of vAuto Available Inventory data. Unfortunately for shoppers, prices climbed in November as well. “Timing is everything,” said Charlie Chesbrough, Cox Automotive's senior economist. “Production is finally ramping up after being stymied by the chip shortage just as demand started to waiver… Read Article

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