Used Vehicle Supply Holds Steady as Asking Prices Rise
The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
May 20, 2022
The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
May 20, 2022
Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
May 19, 2022
The overall used-vehicle market is experiencing a weaker spring than expected
May 9, 2022
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
The EV battery analytical firm is attracting investments that will help bring its data gathering and electric usage insights to a wider array of industry clients and partnerships.
April 18, 2022
Sales are likely to be slightly less this spring selling season.
April 15, 2022
But they remain off last year's pace because limited new-vehicle inventory has slowed the gently used segment due to fewer trade-ins.
April 15, 2022
At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
April 15, 2022
The second quarter – especially April – will be the strongest part of the year for used vehicle sales and values, and then slow down but not crash.
April 8, 2022
On a month-over-month basis, all major segments saw seasonally adjusted price declines, with pickups declining the most.
April 7, 2022
The average listing price dipped again to $27,608, still off the December peak when it surpassed $28,000. But the average listing price was 28% above that of February 2021.
March 18, 2022
All major market segments saw seasonally adjusted prices that were higher year over year in the first half of March.
March 18, 2022
Seasonally adjusted rates point to an inventory mix with more newer vehicles, which means fewer affordable options.
March 18, 2022
Cox Automotive is forecasting a strong year for CPO at three million units, an increase year over year and above the record set in 2019.
March 17, 2022
Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
February 23, 2022
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