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Used Vehicle Supply Edges Higher

Used Vehicle Supply Edges Higher

The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.

November 22, 2021

Wholesale Prices Rise Through Nov. 15
CPO Sales Show Ongoing Recovery in Used Vehicle Market

CPO Sales Show Ongoing Recovery in Used Vehicle Market

With two months left in 2021, reaching the revised Cox Automotive CPO sales forecast of 2.7 million units – and possibly matching the 2.8 million record-setting 2019 level – remains within reach.

November 15, 2021

The State of the Wholesale Used-Vehicle Market
Wholesale Used Vehicle Prices Reach Historic High

Wholesale Used Vehicle Prices Reach Historic High

October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.

November 5, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.

October 28, 2021

EVs: Residual Values and the Total Cost of Ownership
Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021

October 26, 2021

Wholesale Used Vehicle Prices Increase This Month

Wholesale Used Vehicle Prices Increase This Month

Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.

October 20, 2021

New Vehicle Sales Stall in September

New Vehicle Sales Stall in September

The lack of new-vehicle inventory is steering many dealers and consumers into the used-vehicle market, resulting in higher prices for both wholesale and retail used vehicles.

September 28, 2021

Still Tight Used Vehicle Inventory Pushes Up Prices
Total Used Vehicle Sales Dip Again YOY in August
CPO Sales Fall in August, Barely Sustain Record Pace
Wholesale Used Vehicle Price Trend Reverses Course in August
Cox Automotive Starts Plan to Evaluate Used EV Batteries
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