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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
Data Point
2 min read
Used-Vehicle Inventory Increases, Prices Rise Above $27,000 in May but Remain Down Year Over Year
06/16/2023
Revised, July 14, 2023 – The inventory and days of supply of used vehicles edged higher at the end of May from April, and the average listing price climbed past the $27,000 mark, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.20M Total UnsoldUsed Vehiclesas of May 29, 2023 49 Days' Supply $27,270 Average Listing Price 70,223 Average Mileage The total supply of…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Inventory, Prices Rise in April on Softening Sales
05/12/2023
The inventory of used vehicles edged higher at the end of April compared to March as the spring selling came to a close and sales slowed. However, supply remains below year-ago levels, according to the Cox Automotive analysis of vAuto Available Inventory data, and days of supply have slipped. Meanwhile, the average listing price climbed to nearly $27,000. 2.11M Total UnsoldUsed Vehiclesas of April 24, 2023…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Down and Sales Flat for March
04/14/2023
Revised, May 12, 2023 – The supply of used vehicles is sparse as the spring selling season wraps up this year, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.06M Total UnsoldUsed Vehiclesas of March 27, 2023 44 Days' Supply $26,202 Average Listing Price 69,232 Average Mileage “The supply of used vehicles at dealerships is at its lowest point in our data, which…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
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…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
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…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
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