Inventory-Related Content | Cox Automotive Inc.

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

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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

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Used-Vehicle Inventory Increases as Tax Season Revs Up 02/14/2025 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels increased from January to the start of February. Still, used-vehicle inventory was lower than in early February 2024. 2.23M Total UnsoldUsed Vehiclesas of Feb. 3, 2025 48 Days' Supply $25,128 Average Listing Price 70,367 Average Mileage As February opened and tax season got underway, the total supply of used vehicles on U.S. dealer… Read Article

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January New-Vehicle Sales Drop, Days’ Supply Surges 26% Due to Weather Disruptions and New Year Lull 02/13/2025 December brought an optimistic end to the year, with consumer sentiment riding high and high-priced vehicles selling like hotcakes. As is common in the new year, consumers slow down; new-vehicle sales in January were down by 25% month over month. Weather disruptions and the general desire to focus on the year ahead leave more buyers on the sidelines, but sales are expected to pick up as… Read Article

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Used-Vehicle Inventory Increases to Start January 01/17/2025 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of January increased from December but were lower than in early January 2024. 2.22M Total UnsoldUsed Vehiclesas of Jan. 6, 2025 48 Days' Supply $25,721 Average Listing Price 68,787 Average Mileage As January opened, the total supply of used vehicles on dealer lots – franchised and independent – across the… Read Article

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Robust December Sales Draw Down New-Vehicle Inventory to Start the Year 01/16/2025 New-vehicle sales roared at the end of the year, with a strong December finish. Following the resolution of election uncertainties, interest rates began to decline and inventory levels reached their peak for the year. This created an ideal blend of improved consumer sentiment, bigger discounts and evident optimism in the market. New-vehicle sales rose by 6.5% in December compared to November; inventory fell by 8.5% during… Read Article

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Used-Vehicle Inventory Flat to Start December, Days’ Supply Drops With Strong Sales 12/20/2024 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of December were unchanged from November but lower than in early December 2023. 2.18M Total UnsoldUsed Vehiclesas of Dec. 5, 2024 46 Days' Supply $25,565 Average Listing Price 69,734 Average Mileage As December opened, the total supply of used vehicles on dealer lots – franchised and independent – across the… Read Article

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New-Vehicle Inventory at Start of December Modestly Higher, as Sales Pace Indicates Santa is Coming 12/19/2024 November saw another month of increased sales pace as consumers and dealers alike expressed optimism and confidence in the economy and vehicle availability. Inventory increased by just over 8,700 units through the month of November. Sales increased by 6.5%, with 67,000 more units sold in November compared to October. 3.15M Total Inventoryas of Dec. 5, 2024 85 Days' Supply $48,978 Average Listing Price According to an… Read Article

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Used-Vehicle Inventory Increases to Start November, Days’ Supply Drops With Strong Sales 11/14/2024 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of November were higher than in October but lower than in early November 2023. 2.17M Total UnsoldUsed Vehiclesas of Nov. 4, 2024 45 Days' Supply $25,499 Average Listing Price 70,326 Average Mileage As November opened, the total supply of used vehicles on dealer lots – franchised and independent – across… Read Article

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New-Vehicle Inventory Tops 3 Million for the First Time Since the Pandemic Even as Sales Gain Momentum 11/14/2024 The election is over and decisive. Consumer sentiment, according to Morning Consult, has improved for five straight months and is at the highest level in three and a half years. Indeed, October sales in the automotive industry saw an increase of 13% over the same time last year, and yet, new-vehicle inventory continues to rise. As the year winds down, we’re seeing some interesting trends in… Read Article

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