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
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 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
Seasonally adjusted rates point to an inventory mix with more newer vehicles, which means fewer affordable options.
March 18, 2022
Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
February 23, 2022
Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
February 16, 2022
Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
January 16, 2022
Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
January 12, 2022
The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
January 11, 2022
New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
November 22, 2021
Double whammy: New-vehicle inventory falls below 1 million units in September while the average new vehicle price tops $45,000 for the first time.
October 19, 2021
After edging higher for a couple of months, available supply dipped by the end of August.
September 21, 2021
Tight vehicle inventory continues to vex the auto industry while high prices deter buyers.
September 16, 2021
Despite lower production, there are more vehicles ready to be sold due to sales losing momentum since June.
September 15, 2021
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
August 11, 2021
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