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3 min read
Used-Vehicle Supply Holds Steady as Asking Prices Rise
05/19/2022
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 48 Days' Supply $28,365 Average Listing Price…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Weak Spring Sales Buoy Used-Vehicle Supply
04/14/2022
Revised May 19, 2022 – The disappointing spring bounce for used-vehicle sales has led to higher inventories than a year ago, though supply edged downward through the month of March, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.53M Total UnsoldUsed Vehiclesas of March 28 42 Days' Supply $27,475 Average Listing Price 69,093 Average Mileage At the start of April, the total supply…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Sales Gain Momentum, Despite Elevated Prices
03/17/2022
Revised April 14, 2022 – Tax refunds finally are arriving, ushering in the traditional spring bounce for used-vehicle sales, according to the Cox Automotive analysis of vAuto Available Inventory data. Sales of used vehicles, while still pricey, started to heat up the last week of February. 2.62M Total UnsoldUsed Vehiclesas of March 1 54 Days' Supply $27,609 Average Listing Price 70,529 Average Mileage The inventory of…
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Inventory
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Rises; Average Listing Price Dips From Record Levels
02/17/2022
Revised March 17, 2022 – Used-vehicle inventory climbed during January to more normal levels on weaker sales, according to the Cox Automotive analysis of vAuto Available Inventory data. The average list price dipped from record levels in December. 2.55M Total UnsoldUsed Vehiclesas of January 31 55 Days' Supply $27,606 Average Listing Price 71,117 Average Mileage The total supply of unsold used vehicles on dealer lots across…
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Inventory
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Days’ Supply Breaks 50; Average Listing Price Surpasses $28,000
01/20/2022
Revised, Feb. 17, 2022 – Used-vehicle inventory rose in December with the days’ supply hitting 51 for the first time since January 2021, and the average listing price exceeding $28,000 for the first time ever, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.38M Total UnsoldUsed Vehiclesas of December 27 51 Days' Supply $28,193 Average Listing Price 69,826 Average Mileage The total supply…
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Inventory
used-vehicle inventory
Market Insights
Data Point
2 min read
Used-Vehicle Inventory Edges Higher; Average List Price Surpasses $27,000
12/16/2021
Used-vehicle inventory inched slightly higher in November as the average listing price climbed past $27,000 for the first time, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.31M Total UnsoldUsed Vehiclesend of November 44 Days' Supply $27,569 Average Listing Price 68,482 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. edged higher to 2.31 million units at…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
Used-Vehicle Inventory Edges Lower; Average Price Just Shy of $27,000
11/22/2021
Revised, Dec. 16, 2021 – Used-vehicle inventory edged slightly lower 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. 2.25M Total UnsoldUsed Vehiclesend of October 41 Days' Supply $26,976 Average Listing Price 68,193 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. fell to 2.25…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
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 $26,548 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…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
4 min read
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…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
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…
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Inventory
used-vehicle inventory
Market Insights
Data Point
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