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2 min read
Tax Refund Season Draws To A Close With Retail Used-Vehicle Sales Up More Than 5% Year Over Year
04/19/2024
Used-vehicle inventory levels at the start of April were lower than in March, according to the Cox Automotive analysis of vAuto Live Market data, as healthy sales fueled by tax refunds drew supply down to the lowest level since the spring of 2023. 2.22M Total UnsoldUsed Vehiclesas of April 4, 2024 44 Days' Supply $25,540 Average Listing Price 69,232 Average Mileage The total supply of…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
Spring Fever and Tax Refund Season Boost Used Retail Sales and Drop Days’ Supply to 46
03/15/2024
Updated, April 19, 2024 – Used-vehicle inventory opened March at the lowest level since October 2023, according to the Cox Automotive analysis of vAuto Live Market View data. 2.27M Total UnsoldUsed Vehiclesas of March 4, 2024 46 Days' Supply $25,121 Average Listing Price 70,053 Average Mileage The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
Used-Vehicle Supply and Average Listing Price Declined in January
02/16/2024
Used-vehicle inventory opened February at lower levels than it closed 2023, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.33M Total UnsoldUsed Vehiclesas of Feb. 5, 2024 49 Days' Supply $25,638 Average Listing Price 69,240 Average Mileage The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at 2.33 million units as February opened,…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
Used-Vehicle Supply Closed 2023 at the Highest Levels of the Year
01/19/2024
Used-vehicle inventory closed 2023 at the highest levels of the year, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.39M Total UnsoldUsed Vehiclesas of Jan. 1, 2024 56 Days' Supply $26,446 Average Listing Price 68,794 Average Mileage The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at 2.39 million units at the close…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Inventories Remain Tight in Final Month of 2023
12/15/2023
Used-vehicle inventory volume at the start of December, at 2.36 million units, was higher by 2.4% than in early November. Still, days’ supply fell month over month, indicating used-vehicle sales growth outpaced inventory growth last month, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.36M Total UnsoldUsed Vehiclesas of Dec. 4, 2023 52 Days' Supply $26,091 Average Listing Price 70,368 Average Mileage Compared…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Inventory Remains Limited to Start November
11/10/2023
Used-vehicle inventory volume at the start of November was slightly higher than in early October but days’ supply remained flat, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.30M Total UnsoldUsed Vehiclesas of Nov. 6, 2023 49 Days' Supply $26,533 Average Listing Price 69,971 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. – franchised and…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Inventory Remains Tight to Start October
10/06/2023
Updated, Nov. 10, 2023 – Used-vehicle inventory volume and days’ supply are tighter year over year at the start of October, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.26M Total UnsoldUsed Vehiclesas of Oct. 2, 2023 49 Days' Supply $26,752 Average Listing Price 69,456 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. – franchised…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Drops on Strong Sales
09/08/2023
Used-vehicle inventory declined throughout August on stronger sales, according to the Cox Automotive analysis of vAuto Available Inventory data. The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at 2.25 million units at the beginning of September, down less than 7,500 units from the supply at the end of July. Still, inventory was down 9%, or…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Inventory Hits High Point for the Year, As Sales Edge Higher on Lower Prices
08/11/2023
Used-vehicle inventory in July hit a new high for the year, according to the Cox Automotive analysis of vAuto Available Inventory data. And while volume reached a year-to-date high, the used-vehicle market saw prices and days’ supply decrease as sales rose for the second consecutive month. 2.25M Total UnsoldUsed Vehiclesas of July 31, 2023 45 Days' Supply $27,028 Average Listing Price 69,950 Average Mileage The total…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
Used-Vehicle Inventory, Prices Hold Steady as Sales Edge Higher
07/14/2023
The used-vehicle market has shed the volatility seen during the pandemic and chip shortage, with inventory and prices holding rather steady, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.22M Total UnsoldUsed Vehiclesas of June 26, 2023 47 Days' Supply $27,147 Average Listing Price 71,431 Average Mileage The total supply of unsold used vehicles on dealer lots – franchised and independent – across…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
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