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Data Point

13-Month Rolling Used-Vehicle SAAR

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Article Highlights

  1. According to Cox Automotive estimates, total used vehicle sales volume was down 4% year over year in August.
  2. We estimate the August used SAAR to be 38.0 million, down from 39.7 million last August and flat compared to July.
  3. The August used retail SAAR estimate is 20.3 million, down from 20.7 million last year and slightly down month-over-month from July’s 20.4 million rate.

As another data point to monitor the health of the automotive market, Cox Automotive calculates a 13-month rolling used-vehicle seasonally adjusted annual rate (SAAR). According to Cox Automotive estimates, total used vehicle sales volume was down 4% year over year in August. We estimate the August used SAAR to be 38.0 million, down from 39.7 million last August and flat compared to July.

The used retail SAAR takes it a step further by only looking at used vehicles sold via a dealership (both franchised and independent) thus removing private party sales from the calculation. The August used retail SAAR estimate is 20.3 million, down from 20.7 million last year and slightly down month-over-month from July’s 20.4 million rate.

Download the used-vehicle SAAR data file.

The Cox Automotive used-vehicle SAAR is updated monthly – one business day prior to the release of the Manheim Used Vehicle Value Index, which is published on the fifth business day of each month.

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