Market Insights and Outlook - Cox Automotive Inc.

Data Point The automotive industry is a data-driven business. These are the data points that our team of experts and analysts find most interesting, offered with insights to explain why it matters and why you should know.

Select a Category:

1 min read

2025 Cox Automotive Forecasts 03/26/2025 Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. Updates to the full-year 2025 forecasts were announced during the Q1 Cox Automotive Industry Insights and Sales Forecast Call on March 26. The Economic and Industry Insights team reviews the forecasts quarterly and updates them as market changes dictate. Download the 2025 Forecasts… Read Article

sales forecast U.S. auto sales Market Insights Data Point

3 min read

EV Market Monitor – February 2025 03/20/2025 Last month, new electric vehicle (EV) sales slightly declined but reached a record high for February, with luxury brands performing well. Used EV sales also declined month over month but grew significantly year over year. Days’ supply increased for both new and used EVs but remained significantly lower than the prior year. Pricing trends showed a decrease in new EV transaction prices, aided by incentives, making them… Read Article

Electric Vehicles EV sales EV Market Monitor Market Insights Data Point

5 min read

Wholesale Used-Vehicle Prices Decreased in First Half of March 03/19/2025 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from February in the first 15 days of March. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full month of March 2024. The seasonal adjustment worked against the March non-adjusted price increase. The non-adjusted price change in the first half of March rose 1.7%… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

2 min read

Retail Used-Vehicle Sales Jump in February, Up 16% Month Over Month 03/14/2025 According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in February1 increased month over month compared to January. A total of 1.57 million used vehicles were sold at retail – from both franchised and independent dealers – during February, up 6% year over year. Days’ supply of used vehicles at the beginning of March was 42, down eight days from the beginning… Read Article

used-vehicle sales CPO sales Market Insights Data Point

3 min read

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

Inventory used-vehicle prices used-vehicle inventory Market Insights Data Point

2 min read

New-Vehicle Affordability Improves Again in February 03/14/2025 New-vehicle affordability improved in February to the best level since the summer of 2021, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is relative,“ noted Jonathan Smoke, chief economist at Cox Automotive. “We’re back to a K-shaped economy where higher-income individuals are faring much better, while lower-income individuals face more challenges. In February, the average price of a new vehicle decreased again, improving affordability.… Read Article

Vehicle Affordability Index Cox Automotive/Moody's Analytics Vehicle Affordability Index vehicle affordability Market Insights Data Point

4 min read

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

Inventory new-vehicle inventory new-vehicle prices Market Insights Data Point

4 min read

Kelley Blue Book Report: New-Vehicle Prices Increase Year Over Year in February, With Record EV Incentives and Booming Six-Figure Vehicle Sales 03/11/2025 The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from February include: The estimated February new-vehicle ATP from Kelley Blue Book was $48,039, a year-over-year gain of 1.0%, but lower by 1.3% from January. Sales incentive levels were mostly flat month over month but higher compared to February 2024 by 18.6%. The average incentive package last… Read Article

ATP average transaction price new-vehicle prices Market Insights Data Point

5 min read

Access to Auto Credit Improves in February 03/10/2025 In February 2025, the Dealertrack Credit Availability Index revealed improvement in auto credit access across all channels, except new, and was mixed across lender types. The All-Loans Index reached 95.9, up from January and a 3.0% rise year over year. This is the highest level of auto credit access since December 2022. Dealertrack Credit Availability Index Auto loan access was up in February and year over… Read Article

credit consumer credit Dealertrack Credit Availability Index auto loans Market Insights Data Point

7 min read

Wholesale Used-Vehicle Prices Decreased in February 03/07/2025 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in February compared to January. The Manheim Used Vehicle Value Index (MUVVI) decreased to 204.1, which reflects a 0.1% increase from a year ago. The seasonal adjustment to the index drove the monthly move for the index, as non-seasonally adjusted values rose for the month. The non-adjusted price in February increased by 1.4%… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

@CoxAutomotive

For more info or news from other Cox Automotive brands, visit the following sites:

Sign up here to receive bi-weekly updates on news and trends dominating the automotive industry.

@CoxAutomotive

For more info or news from other Cox Automotive brands, visit the following sites: