Used Vehicle Inventory Tightens as Year Ends

Dec 19, 2023  · Used Vehicle Inventory Tightens as Year Ends. December 19, 2023 • From News/Media Release • Bookmark + The average used-vehicle listing price at the beginning of December was $26,091, down month over month and from early December 2022. ... As with …


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Used Vehicle Inventory Tightens As Year Ends

4 weeks from now

Dec 19, 2023  · Used Vehicle Inventory Tightens as Year Ends. December 19, 2023 • From News/Media Release • Bookmark + The average used-vehicle listing price at the beginning of December was $26,091, down month over month and from early December 2022. ... As with …

vehicleremarket.com

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Used Vehicles: Sales Up, Days' Supply Down, Inventory Flat

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Dec 20, 2024  · Used cars below $15,000 continue to show low availability, with only 34 days’ supply, nine days lower than the same time last year and 12 days below the industry average. …

automotive-fleet.com

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CPO Vehicle Sales Could Drop 1.6% YoY In 2025

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Dec 20, 2024  · Certified pre-owned vehicle sales are projected to decline in 2025 amid tight supply that has driven down sales at major manufacturers in 2024. ... adding that buying a 10 …

autofinancenews.net

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December Used-vehicle Inventory Remains Stable, But Affordability ...

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1 day ago  · While used-vehicle sales have been bolstered by higher consumer demand, inventory remains constrained, particularly for vehicles priced below $15,000. These more affordable …

cbtnews.com

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Used Car Sales Rebound In July, Inventory Tightens - Car Dealership …

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Aug 19, 2024  · With inventory tightening, the average listing price edged up to $25,415 in July, though it’s still down 5% from July 2023. Cox attributes this month-over-month rise to changes …

dealershipguy.com

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Used Vehicle Inventory Faces Sharpest Decline In Almost Two …

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Feb 23, 2023  · Inventory is not the only number decreasing in the used car market. For the sixth consecutive month, used vehicle prices dropped, losing another 1.56% in February. Now, the …

zerosum.ai

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New Vehicle Inventory Continues To Tighten - Spectrum News

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Apr 11, 2022  · The average refund is up 12% this year compared with 2021, which is why Smoke predicts “April is likely to be the best month of 2022 for used vehicle sales. History has shown …

spectrumnews1.com

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Used Vehicle Supply Tightens As October Starts

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Oct 9, 2023  · As with new cars, and as has been the case for months, the lower the price segment, the tighter the inventory. Used vehicles priced under $10,000 had a days’ supply of …

vehicleremarket.com

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Why Affordabilty Crisis Grips Auto Market — And How It Might Ease

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1 day ago  · In the Bay Area last fall, the average used car sold for $30,868, and the average new car sold for $47,940. This year, used car sale prices fell slightly to $30,377 in the Bay Area, …

detroitnews.com

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Four Market Trends To Track If You’re Thinking About Buying A Car …

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Dec 17, 2024  · Consumers looking for lower-priced vehicles will see more options in the under-$30,000 range, Cars.com said. Used car prices are unlikely to fall because dealers will have a …

investopedia.com

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Uncharted Territory: Edmunds Forecasts 16.2 Million New Vehicle …

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The average APR in 2024 for used vehicles was 11.4%, compared to 11.2% in 2023 and 8.7% in 2019. ... but things started taking a more positive turn on the back nine as inventory continued …

edmunds.com

FAQs about Used Vehicle Inventory Tightens as Year Ends Coupon?

Are new car prices tapering off?

Increases in new car prices have recently tapered off as the supply of new vehicles grows, said Charlie Chesbrough, a senior economist focused on the new-vehicle market. “The seller strength has eroded,” Chesbrough said. ...

Are car shoppers in for a smoother ride in 2025?

Car shoppers could be in for a smoother ride in 2025—especially if they're eying new vehicles. Market trends have lately been shifting in drivers’ favor, according to Cox Automotive, a software firm serving the auto industry, and that momentum is expected to carry into next year. ...

Why are dealerships offering more incentives to new car buyers?

Dealerships are offering larger incentives to buyers, who are having an easier time accessing loans and credit, Cox said as part of a year-ahead outlook presentation Tuesday. Increases in new car prices have recently tapered off as the supply of new vehicles grows, said Charlie Chesbrough, a senior economist focused on the new-vehicle market. ...

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