Average Used Vehicle List Price Tops Record $28,000
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
January 21, 2022
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
January 21, 2022
As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.
January 20, 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
December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.
January 16, 2022
The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
January 13, 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
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
January 10, 2022
Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022
January 7, 2022
Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
January 7, 2022
The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.
December 22, 2021
The portal enhancements eliminate delays and downtime for customers who want instant, reliable access to transport and real-time updates on the status and location of their vehicles.
December 22, 2021
During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.
December 20, 2021
Available inventory edged slightly higher but remain below normal.
December 19, 2021
One of the biggest changes to come out of the second year of the COVID-19 pandemic is dealers directly wholesaling from their lots.
December 17, 2021
With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
December 16, 2021
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