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Retail Used-Vehicle Sales Jump in February, Up 16% Month Over Month 03/14/2025 According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in February1 increased month over month compared to January. A total of 1.57 million used vehicles were sold at retail – from both franchised and independent dealers – during February, up 6% year over year. Days’ supply of used vehicles at the beginning of March was 42, down eight days from the beginning… Read Article

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Register Today: Q1 2025 Cox Automotive Industry Insights and Sales Forecast Call 03/14/2025 The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be hosted on Wednesday, March 26, at 11 a.m. EDT, shortly before the auto industry closes the book on the first quarter. In the upcoming webinar, Cox Automotive Chief Economist Jonathan Smoke, along with the Economic and Industry Insights team, will deliver an update on the U.S. automotive industry for March and the first quarter… Read Article

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Used-Vehicle Inventory Tightens as Sales Surge in February, Driven by Tax Refunds 03/14/2025 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of March decreased from February and were lower than in early March 2024. 2.18M Total UnsoldUsed Vehiclesas of March 3, 2025 42 Days' Supply $25,006 Average Listing Price 71,298 Average Mileage As March opened, the total supply of used vehicles on dealer lots – franchised and independent – across the… Read Article

Inventory used-vehicle prices used-vehicle inventory Market Insights Data Point

New-Vehicle Affordability Improves Again in February 03/14/2025 New-vehicle affordability improved in February to the best level since the summer of 2021, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is relative,“ noted Jonathan Smoke, chief economist at Cox Automotive. “We’re back to a K-shaped economy where higher-income individuals are faring much better, while lower-income individuals face more challenges. In February, the average price of a new vehicle decreased again, improving affordability.… Read Article

Vehicle Affordability Index Cox Automotive/Moody's Analytics Vehicle Affordability Index vehicle affordability Market Insights Data Point

Tax Refunds and Bonuses Fuel New-Vehicle Sales Amid Rising Inventory Levels, Falling Consumer Confidence 03/13/2025 Tax season is off to a strong start, with 28% of all refunds issued totaling $102.25 billion, a 10% increase from last year, according to the most recent data available on Feb. 21. The average refund has risen 7% year over year to $3,453, providing a significant cash boost to Main Street USA. Additionally, annual bonuses, typically paid in the first few months of the year,… Read Article

Inventory new-vehicle inventory new-vehicle prices Market Insights Data Point

Spring Optimism Boosts U.S. Automobile Dealer Sentiment, Despite Weak Profits, Growing Costs 03/12/2025 ATLANTA, March 12, 2025 – The Q1 2025 Cox Automotive Dealer Sentiment Index (CADSI) reports that the U.S. automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. The survey, conducted in late January and early February, indicates an upward shift in dealer sentiment. The current market index score increased year over year. However,… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

Kelley Blue Book Report: New-Vehicle Prices Increase Year Over Year in February, With Record EV Incentives and Booming Six-Figure Vehicle Sales 03/11/2025 The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from February include: The estimated February new-vehicle ATP from Kelley Blue Book was $48,039, a year-over-year gain of 1.0%, but lower by 1.3% from January. Sales incentive levels were mostly flat month over month but higher compared to February 2024 by 18.6%. The average incentive package last… Read Article

ATP average transaction price new-vehicle prices Market Insights Data Point

Auto Market Weekly Summary 03/10/2025 Key Highlights The employment report for February included mixed trends but generally reflected stable conditions. New light-vehicle sales were down 0.7% year over year in February with one fewer selling day. The used-vehicle market saw gains in February, but wholesale used prices declined on a seasonally adjusted basis. Employment Trends Job growth accelerated in February and came in close to expectations, but the unemployment rate increased,… Read Article

Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends

Access to Auto Credit Improves in February 03/10/2025 In February 2025, the Dealertrack Credit Availability Index revealed improvement in auto credit access across all channels, except new, and was mixed across lender types. The All-Loans Index reached 95.9, up from January and a 3.0% rise year over year. This is the highest level of auto credit access since December 2022. Dealertrack Credit Availability Index Auto loan access was up in February and year over… Read Article

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Wholesale Used-Vehicle Prices Decreased in February 03/07/2025 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in February compared to January. The Manheim Used Vehicle Value Index (MUVVI) decreased to 204.1, which reflects a 0.1% increase from a year ago. The seasonal adjustment to the index drove the monthly move for the index, as non-seasonally adjusted values rose for the month. The non-adjusted price in February increased by 1.4%… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

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