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| == Inventory == | | == Inventory == |
| | Historical Releases: [[US Auto Inventory: Historical Releases]] |
| {| class="wikitable" | | {| class="wikitable" |
| !Title | | !Title |
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| !Units/Seasonality | | !Units/Seasonality |
| !Inventory | | !Inventory |
| !Days Supply | | !Days Supply |
| !Inventory | | !Inventory |
| !Days Supply | | !Days Supply |
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| | | | |2024-07-01 |
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| [[File:Screenshot 2024-07-24 103421.png|center|thumb|703x703px|https://www.coxautoinc.com/wp-content/uploads/2024/06/2024-Cox-Automotive-Mid-Year-Review-Presentation.pdf]] | | [[File:Screenshot 2024-07-24 103421.png|center|thumb|703x703px|https://www.coxautoinc.com/wp-content/uploads/2024/06/2024-Cox-Automotive-Mid-Year-Review-Presentation.pdf]] |
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| === March 2024 ===
| | * |
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| ==== Used ====
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| [[File:Screenshot 2024-04-18 111044.png|center|thumb|749x749px|https://www.coxautoinc.com/wp-content/uploads/2024/03/Q1-2024-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf]]
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| ==== New ====
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| Currently 940,000 more units than last year, days of supply at 73 days, +30% year over year
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| [[File:Screenshot 2024-04-18 110717.png|center|thumb|739x739px|https://www.coxautoinc.com/wp-content/uploads/2024/03/Q1-2024-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf]]
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| [[File:Screenshot 2024-04-18 110743.png|center|thumb|740x740px|https://www.coxautoinc.com/wp-content/uploads/2024/03/Q1-2024-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf]]
| |
| === December 2023 ===
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| ==== Used ====
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| Total supply up 2% or 37K from last year; Days’ supply at 56, down 3% from the end of 2022
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| [[File:Screenshot 2024-01-12 135440.png|center|thumb|741x741px|https://www.coxautoinc.com/wp-content/uploads/2024/01/2024-Cox-Automotive-Industry-Insights-Webcast-Presentation.pdf]]
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| ==== New ====
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| Currently over 900K more units than last year, days of supply at 71 – up 20%
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| [[File:Screenshot 2024-01-12 135210.png|center|thumb|744x744px|https://www.coxautoinc.com/wp-content/uploads/2024/01/2024-Cox-Automotive-Industry-Insights-Webcast-Presentation.pdf]]
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| === September 2023 ===
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| ==== Used ====
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| Total supply at 2021 levels, down 10% from last year; Days’ supply at 44.4, lowest since early Spring
| |
| [[File:Screenshot 2023-10-10 104704.png|center|thumb|721x721px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]]
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| ==== New ====
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| Currently 813K more units than last year, Days of Supply at 57 – up 33%
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| [[File:Screenshot 2023-10-10 104547.png|center|thumb|731x731px|https://www.coxautoinc.com/wp-content/uploads/2023/09/Sept-26-Q3-2023-Cox-Automotive-Industry-Insights-Presentation.pdf]]
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| | |
| === June 2023 ===
| |
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| ==== Used ====
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| [[File:Screenshot 2023-07-21 142923.png|center|thumb|484x484px|https://www.coxautoinc.com/wp-content/uploads/2023/06/2023-Cox-Automotive-Mid-Year-Review-Presentation.pdf]]
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| * The total supply of unsold used vehicles on dealer lots across the U.S. stood a'''t 2.22 million units at the close of June.''' That was up from a revised 2.12 million at the end of May but '''down 10%, or 241,000 units, from the same time a year ago.''' | |
| * Total days’ supply at the end of June stood at 47, compared with 46 at the start of the month. '''The days’ supply was down 11% from year-ago levels'''. Days’ supply has been holding at this level since spring.<ref>https://www.coxautoinc.com/market-insights/used-vehicle-inventory-june-2023/</ref>
| |
| | |
| ==== New ====
| |
| [[File:Screenshot 2023-07-21 142459.png|center|thumb|707x707px|https://www.coxautoinc.com/wp-content/uploads/2023/06/2023-Cox-Automotive-Mid-Year-Review-Presentation.pdf]]
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| | |
| === March 2023 ===
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| ==== Used ====
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| * The total supply of unsold used vehicles on dealer lots stood at 2.05 million units at the close of March. That was down from a revised 2.09 million at the end of February and down 10% from 2.3 million in March 2021.
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| * The supply of used vehicles at dealerships is at its lowest point in our data, which goes back to 2019.
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| * Days’ supply at the end of March stood at 40, down from the revised 44 days’ supply at the end of February. Days’ supply was 15% below the year-ago levels.<ref name=":3">https://www.coxautoinc.com/market-insights/used-vehicle-inventory-march-2023/</ref>
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| ==== New ====
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| * The total U.S. supply of available unsold new vehicles on dealer lots and some in transit stood at 1.89 million units at the end of March, up from a revised 1.80 million at the end of February.
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| * The end of March marked the highest level of supply since April 2021. Supply was up 70% from a year ago, or 780,000 units higher.
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| * Days’ supply was 56, down only a day from the end of February but up 58% from the same time a year ago. Historically, a 60 days’ supply across the industry was considered normal and ideal.<ref name=":2">https://www.coxautoinc.com/market-insights/new-vehicle-inventory-march-2023/</ref>
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| * The industry had non-luxury vehicle inventory totaling 1.60 million vehicles, up from 1.53 million at the end of February, for a 55 days’ supply.
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| * The inventory of luxury vehicles (excluding uber luxury ones) stood at 290,852 units, up from 271,591 at the end of February, for a 60 days’ supply.<ref name=":2" />
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| == Affordability == | | == Affordability == |
