Data Point
13-Month Rolling Used-Vehicle SAAR
Tuesday January 18, 2022
Article Highlights
- Total used-vehicle sales were down 4% year over year in December, according to Cox Automotive estimates.
- The estimated December used seasonally adjusted annual rate (SAAR) is 39.1 million, down from 40.6 million last December and flat compared to November’s revised 39.1 million SAAR.
- Retail used-vehicle sales — vehicles sold via a dealership, thus removing private party sales — were down 5% year over year.
Total used-vehicle sales were down 4% year over year in December, according to Cox Automotive estimates. The estimated December used seasonally adjusted annual rate (SAAR) is 39.1 million, down from 40.6 million last December and flat compared to November’s revised 39.1 million SAAR.
Used-Vehicle SAAR and Volume
“Our used-vehicle sales estimates show slowing sales to end 2021,” said Kayla Reynolds, manager of economic and industry insights, Cox Automotive. “Despite being inventory constrained, the used-vehicle market has been playing a key role in the recovery of the automotive industry.”
Used-Vehicle Retail SAAR and Volume
Retail used-vehicle sales — vehicles sold via a dealership, thus removing private party sales — were down 5% year over year. The December used retail SAAR estimate is 20.4 million, down from 21.6 million last year and flat month over month.
The Cox Automotive used-vehicle SAAR and retail used-vehicle volume is updated monthly.