vAuto reports U.S. sales of all pre-owned vehicles increased by 5.6% to 1.57 million units year-over-year, but certified pre-owned sales were down 3.4% compared with February 2024. +

Kelley Blue Book reports the average cost of a U.S.-sold new vehicle increased by 1% year-over-year to $48,039 in February but declined by 1.3% from the prior month. +

TransUnion’s latest credit insights report forecasts gains in auto, home and unsecured personal loan originations tempered by concerns over changing federal policy and paused interest rate cuts. +

Cox Automotive and Moody’s Analytics’ New Vehicle Affordability Index improved to 37.7 in January as Americans earned higher incomes and prices normalized following strong year-end sales. +

Cox Automotive announced U.S. franchised and independent dealers sold 1.4 million used vehicles in January, an 8% year-over-year improvement, as days’ supply ticked down to start the month. +

The Dealertrack Credit Availability Index improved to 95.4 in January, a 2.9% year-over-year improvement driven in part by a 100-basis-point market share gain for subprime borrowers. +

The latest new-vehicle sales and finance reports from Cox Automotive show strong sales and credit availability as incentives offset higher prices to sustain affordability. +

Decisive election results and falling interest rates pushed Cox Automotive’s Dealer Sentiment Index into positive territory as a tumultuous 2024 draws to a close. +

U.S. dealers sold 106,155 new EVs and 23,788 pre-owned EVs in October, according to Cox Automotive’s latest EV Market Monitor report. +

Declining interest rates, increased incentives and personal income gains have led to the best new-vehicle affordability level since August 2021. +