Prices Inch Down as Used-Vehicle Supply Holds Steady
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
June 24, 2022
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
June 24, 2022
Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
February 23, 2022
The average used-vehicle listing price dipped below $28,000. The inventory volume and days’ supply are both above last year, although sales remain low.
February 18, 2022
Available inventory edged slightly higher but remain below normal.
December 19, 2021
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
Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
November 22, 2021
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
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
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