Used-Vehicle Inventory Flat to Start December, Days’ Supply …

Dec 20, 2024 · Used retail sales of 1.42 million vehicles during November were higher than the 1.39 million reported in October, an increase of 2%. Used-vehicle sales were seasonally stronger than normal last month and higher year over year by 13%. USED-VEHICLE INVENTORY …

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Used-Vehicle Inventory Flat To Start December, Days’ Supply …

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coxautoinc.com

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Used-Vehicle Inventory Increases To Start November, Days’ Supply …

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Nov 14, 2024 · Used retail sales of 1.44 million vehicles at the start of November were higher than the 1.35 million reported at the start of October, an increase of 7%. Despite Hurricane Milton …

coxautoinc.com

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Used Vehicles: Inventory Rises And Days' Supply Drops Amid …

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Nov 18, 2024 · Used retail sales of 1.44 million vehicles at the start of November were higher than the 1.35 million reported at the start of October, an increase of 7%. Despite Hurricane Milton …

automotive-fleet.com

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Used Vehicle Inventory Tightens As Year Ends

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Dec 19, 2023 · Used-vehicle inventory volume at the start of December, at 2.36 million units, was higher by 2.4% than in early November, according to recent Cox Automotive analysis of vAuto …

vehicleremarket.com

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Used Car Market Sees Higher Sales And Lower Market Days’ Supply …

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Nov 19, 2024 · 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during Oct., an increase of 12% year-over-year. As of the beginning of …

dealershipguy.com

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Auto Sales Drive Unexpected Boost In Consumer Spending In …

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Dec 17, 2024 · U.S. retail sales increased by 0.7% in November, marking the sixth consecutive month sales data came in better than economists' projections. A big jump in auto sales is …

investopedia.com

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New-Vehicle Inventory At Start Of December Modestly Higher, As …

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Dec 19, 2024 · At the start of December, new-vehicle inventory volume in the U.S. stood at 3.15 million units, the highest point in 2024 but 11% lower than the inventory count at the start of …

coxautoinc.com

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Surplus Inventory Slightly Drives Down New-Car Prices As Used …

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Oct 21, 2024 · "The automotive market is undergoing an adjustment as new-car prices declined, with a 1.5% year-over-year drop in September driven by significant inventory surpluses, …

cars.com

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Used-Vehicle Days’ Supply Breaks 50; Average Listing Price …

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Jan 20, 2022 · That compares with 1.01 million for a 48 days’ supply in November. The average price of a used vehicle on an independent dealer’s lot was $24,998, up from $24,585 in …

coxautoinc.com

FAQs about Used-Vehicle Inventory Flat to Start December, Days’ Supply … Coupon?

How many used cars were in stock in December?

In December, non-franchised dealers had 1.03 million used vehicles in stock for a 55 days’ supply. The average price of a used vehicle was $24,998, up from $24,585 in November, with an average mileage of 79,248, up from 78,267. ...

How did the used vehicle listing price compare to 2019?

The average used-vehicle listing price was 42% higher than at the end of 2019. In December 2021, it was up 28% compared with the same month in the previous year. Franchised dealers had 1.35 million used vehicles in inventory for a 48 days’ supply, compared with 1.29 million vehicles in November 2021 for a 41 days’ supply. ...

How many days of supply does a car have?

The segments ranging from $10,000 to $25,000 had between 46 and 48 days' supply. The category of $25,000 to $30,000 had the most supply with over 1 million vehicles in stock for 52 days of supply. Price categories above $30,000 also had days’ supply over 50. ...

What happened to Cox Automotive days' supply?

The days' supply of Cox Automotive has dropped below 50 since January, reaching a low of 30 in April. Despite this, the days' supply at the end of December was nearly four days below the December 2020 level. The Cox Automotive days' supply is based on the daily sales rate for the most recent 30-day period. ...

How much does a used car cost in December?

The average price of a used car in December surpassed $28,000 for the first time. The days’ supply hit 51, the highest since January 2021. Available inventory inched higher, edging closer to normal. ...

How much does a used car dealership cost?

The average listing price for used cars at franchised dealerships was $30,552 – the first time it surpassed the $30,000 mark. Franchised dealers had 1.35 million used vehicles in inventory for a 48 days’ supply, compared to 1.29 million vehicles in November 2021 for a 41 days’ supply. ...