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

Nov 14, 2024  · This trend indicates that used-vehicle inventory is tighter despite the monthly rise in vehicles listed. The average used-vehicle listing price was $25,499, up from the revised …


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

4 weeks from now

Nov 14, 2024  · This trend indicates that used-vehicle inventory is tighter despite the monthly rise in vehicles listed. The average used-vehicle listing price was $25,499, up from the revised …

coxautoinc.com

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Used-Vehicle Prices Turn Into Inflation Headwind, After Historic 2 …

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Dec 7, 2024  · At the start of November, inventory at used-vehicle dealers was about 2.17 million units, down by about 26% from November 2019, according to data from Cox Automotive. Used …

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Used Vehicle Prices Still Strong In November - Barron's

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Used car and truck prices were up again in November, after helping drive a firmer inflation print in October. But momentum may be slowing. The used cars and trucks index rose 2% month over …

barrons.com

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Wholesale Used Car Prices Jump In First Half Of November

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Nov 22, 2021  · Used car prices have been on a steady, dramatic increase throughout 2021. At the end of September, the average list price for a used vehicle sat at $26,646 – a 25% increase …

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Wholesale Used Vehicle Prices Increased In First Half Of November

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Dec 10, 2024  · Wholesale used vehicle prices rose 1.6% through the first half of November as compared to October, according to the mid-month Manheim Used Vehicle Value Index …

automotivedive.com

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Used Car Prices Stabilize As Used EV Prices Continue To Fall

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4 days ago  · But while the overall used car market has stabilized, used electric vehicle prices have fallen around 18% every month for the last three months. This puts the average used EV …

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Used Car Values Remain Steady At £7,345 In November 2024

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Dec 18, 2024  · Nevertheless, the market strength kept average values ahead on a year-on-year basis. BCA COO Stuart Pearson said: “The used market remained positive in November, with …

motorfinanceonline.com

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10 Best Times Of Year To Buy A Used Car - GOBankingRates

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6 days ago  · 10. November. The eleventh month of the year holds the number ten spot for the best time to buy a used car. That’s because, according to iSeeCars, there are 10.3% more …

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FAQs about Used-Vehicle Inventory Increases to Start November, Days’ Supply … Coupon?

Are used car and truck prices going up again in November?

Used car and truck prices were up again in November, after helping drive a firmer inflation print in October. But momentum may be slowing. The used cars and trucks index rose 2% month over month in November, after rising 2.7% in the previous month, the Bureau of Labor Statistics reported Wednesday. ...

How did the used cars & trucks index perform in November?

The used cars and trucks index rose 2% month over month in November, after rising 2.7% in the previous month, the Bureau of Labor Statistics reported Wednesday. On an annual basis, however, used vehicle prices were down 3.4%. ...

When do car transaction prices peak?

Transaction prices in November, at $48,724, were at the highest point of 2024 and are up 2.3% since January. In any given year, vehicle transaction prices typically peak in December. ATPs reached an all-time high of $49,926 in December 2022. Last December, the Kelley Blue Book ATP estimate was $49,023, the highest ATP of 2023. ...

Which cars have higher incentives in November?

Only the High-End Luxury Cars segment (BMW 7-Series, Mercedes S-Class, Lexus LS, etc.) had higher incentives, at 11.6% of ATP. New electric vehicle sales were also strong in November, with initial estimates suggesting that November volume in the U.S. market was the second-best ever, behind only August 2024. ...

How did the Manheim used vehicle value index perform in November?

The Manheim Used Vehicle Value Index, which is a good indicator of how vehicle price increases will factor into the consumer price index, was up 0.2% in November from a year ago, driven in large part by wholesale used-vehicle prices that were higher last month compared to October. But still, the momentum was softer in November than the prior month. ...

Did new-vehicle sales surprise to the upside in November?

New-vehicle sales surprised to the upside in November, as pent-up demand and improving consumer sentiment drove the market. ATLANTA, Dec. 11, 2024 / PRNewswire / -- New-vehicle prices in November climbed higher year over year for the second straight month, according to data from Kelley Blue Book released today. ...

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