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3 min read
Asking Prices Inch Down as Used-Vehicle Supply Holds Steady
06/16/2022
In contrast to new vehicles that are seeing rising prices, the average listing price of used vehicles has begun to inch down ever so slightly as supply holds relatively steady, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.47M Total UnsoldUsed Vehiclesas of May 30 42 Days' Supply $28,312 Average Listing Price 68,377 Average Mileage “The end of May showed interesting and divergent…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Holds Steady as Asking Prices Rise
05/19/2022
Revised, June 16, 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 42 Days'…
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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
5 min read
No, Used-Vehicle Values Are Not Going to Crash
01/11/2022
Our team held the quarterly Manheim Used Vehicle Value Index call last week. We reviewed the used-vehicle market performance through the final quarter of 2021 and provided our forward-looking view of the market into 2022. A key topic in the discussion, of course, was the elephant in the room: Has the recent run-up of used-vehicle prices set the market up for a crash in 2022? There…
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used-vehicle prices
Manheim Used Vehicle Value Index
Market Insights
Smoke on Cars
Economy & Trends
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
11 min read
Notes From The Q3 2021 Manheim Used Vehicle Value Index Report
10/22/2021
During the Q3 2021 Manheim Used Vehicle Value Index call held earlier this month, we covered a significant amount of material. The Q&A session was robust, which we appreciate, and we ran out of time due to the volume of questions. While reviewing the remaining questions, we noticed that most fell into four major categories: weakening sales, pricing, off-lease volumes and certified pre-owned. After some collaboration…
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used cars
used-vehicle prices
new-vehicle sales
Manheim Used Vehicle Value Index
used-vehicle SAAR
MUVVI
Market Insights
Smoke on Cars
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
3 min read
Used-Vehicle Listing Price Sets New Record at $25,500, Inventory Remains Tight
08/18/2021
The average listing price for used vehicles set another record in July as vehicle inventory remained tight, according to the Cox Automotive analysis of vAuto Available Inventory data. The days’ supply of vehicles inched higher, but only because sales slowed. 2.40M Total UnsoldUsed Vehiclesend of July 41 Days' Supply $25,498 Average Listing Price 68,455 Average Mileage Topline data revised September 21. Story content has not changed.…
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Inventory
used-vehicle prices
used-vehicles inventory
Market Insights
Data Point
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