Cox Automotive analysts say the average price of a pre-owned vehicle purchased from a U.S. dealer ticked down to $25,393 in August as sales improved amid a strong showing for CPO units. +
Lotlinx’s latest report finds U.S. dealers sold fewer EVs with more supplies in the second quarter as a market “fueled by affordability” steered price-conscious car buyers into gas and hybrid units. +
Cox Automotive analysts fear manufacturers and retailers are protecting consumers from the rising costs of new cars, creating an unsustainable dynamic as profitability concerns grow. +
Amid shifting supply-side dynamics, the Manheim Used Vehicle Value Index increased by 6.3% year-over-year and 1.6% month-over-month in June. +
Lotlinx’s Q4 Quarterly Vincensus Report finds sales of hybrid vehicles increased by 23% between the third and fourth quarter of 2024, accounting for 22% of all U.S. new vehicle sales. +
