vAuto’s ProfitTime GPS is the industry’s only solution that brings data-driven insights about each vehicles value to every retail pricing and every sourcing decision you make — in every channel you make them.
vAuto’s Provision inventory management software uses vAuto’s Live Market View to help used car dealers stock, appraise, price and list more precisely than their competitors.
Avoid aged inventory amid strong used vehicle sales | Q4 2024 Live Market View
Hear about the status of used vehicle sales, inventory, and depreciation trends. Also learn how predictive data science and AI-driven solutions from Cox Automotive help you. Don’t miss the Q4 Live Market View.
vAuto’s Stockwave wholesale sourcing software gives you access to vehicles from 300+ marketplaces with the most accurate, up-to-the-minute Live Market View of today’s used car values and pricing.
Intelligent Promotion allows your dealership to merchandise more efficiently with attention-grabbing VDP content and promotions you can scale across your inventory.
Hello Auto Group, with six stores in California and two more opening soon, uses Intelligent Promotion to boost marketing by displaying incentives on vehicle images, increasing clicks and leads.
iRecon reconditioning software allows your dealership to efficiently communicate with reconditioning partners, reduce holding costs and get vehicles in front of customers sooner.
See what repairing your recon can do for your profits
Building a more efficient process with iRecon can help increase your ROI. Use this calculator and see how much additional profit you could expect each month.
Managing inventory is a matter of making sure every decision makes money for your dealership. Provision® helps decision-making look easy, increasing efficiency and turn even in the toughest times.
Many dealers feel like their inventory — and their success — is limited. Dealers who use Conquest™ feel differently and have as much as a 39% increase in new car sales to show for it.
Battling a more challenging auction environment than ever, many dealers come home with cars that don’t gross. Dealers who use Stockwave are seeing as much as a 40% increase in gross profit.
Hear how one dealer used iRecon to identify and address flaws in their dealership’s reconditioning process that resulted in rapid growth in their pre-owned departments across the country.
Avoid aged inventory amid strong used vehicle sales | Q4 2024 Live Market View
Hear about the status of used vehicle sales, inventory, and depreciation trends. Also learn how predictive data science and AI-driven solutions from Cox Automotive help you. Don’t miss the Q4 Live Market View.
Avoid aged inventory amid strong used vehicle sales | Q4 2024 Live Market View
Hear about the status of used vehicle sales, inventory, and depreciation trends. Also learn how predictive data science and AI-driven solutions from Cox Automotive help you. Don’t miss the Q4 Live Market View.
Quarterly Industry Insights | New and Used Car Newsletter
What happened in the new and used car industry this past quarter? Visit our Industry Insights page to learn about days’ supply, inventory, pricing, sales trends and more!
Avoid aged inventory amid strong used vehicle sales | Q4 2024 Live Market View
Hear about the status of used vehicle sales, inventory, and depreciation trends. Also learn how predictive data science and AI-driven solutions from Cox Automotive help you. Don’t miss the Q4 Live Market View.
Find answers to your most common support questions in our ever-expanding library of Knowledge articles. Available to you 24/7 from the Support link at the bottom of every vAuto page.
vAuto offers on-going training and webinars each month for our dealers. Check out our upcoming schedule and register today! Then, put your knowledge to the test with vAuto Academy’s Variable Management certification.
Join us as we showcase our latest innovations, share insights, and operational best practices for dealers. Here’s where you can find us and a glimpse of what you’ll get.
Avoid aged inventory amid strong used vehicle sales | Q4 2024 Live Market View
Hear about the status of used vehicle sales, inventory, and depreciation trends. Also learn how predictive data science and AI-driven solutions from Cox Automotive help you. Don’t miss the Q4 Live Market View.
Find answers to your most common support questions in our ever-expanding library of Knowledge articles. Available to you 24/7 from the Support link at the bottom of every vAuto page.
An Evolutionary View of Performance Management | vAuto Podcast
In this vAuto podcast, Christian Hanna, Associate Vice President of Performance Management for vAuto, offers an overview of the coaching role that Performance Managers provide vAuto dealers to help them achieve greater success.
New-vehicle average transaction prices (ATP) in March 2024 declined from February and were lower year over year by 2.7%.
Days’ supply drops to 72 days as sales increase through the month of March.
Among the top 20 markets, colder weather cities continue to hold the highest days’ supply.
3-Month Sales Trend*
Month
Avg. Daily Retail Sales
January
43,200
February
50,000
March
53,700
Average Transaction Price*
Month
Amount
January
$47,401
February
$47,285
March
$47,218
Days’ Supply*
Month
# of Days
January
80
February
76
March
72
Daily Holding Cost Per New Car*
Month
Amount
January
$7.69
February
$7.60
March
$7.71
Dealer Profit Per New Car**
Month
Amount
January
$2,817
February
$2,574
March
$2,487
OEM Days’ Supply*
Rebates & Incentives
Latest News
Average Blended Incentive is $3,121.
All segments saw slight increases over February continuing to show signs of an active car market.
Inventory levels remain abundant providing options to consumers while also offering attractive incentives.
Full-Size Pick-up Segment
Sales remain mostly consistent over a 6-month average while active supply continued to increase slightly for March.
Mid-Size SUV Segment
Most brands have increased their active supply over the past 3-6 months giving customers ample supply on the showroom floor.
Mid-Size Sedan Segment
Incentive increases appear to be increasing sales across the segment.
“Since April 2023, the new-vehicle SAAR has experienced some large swings, with an average sales pace in the mid-15 million level. This month, more volatility in the market is also expected, although the sales pace is anticipated to rise slightly. Despite high interest rates and elevated vehicle prices, consumers remain resilient. Sales growth may be sluggish, but growth continues. And we expect these conditions to persist throughout the year.”
– Charlie Chesbrough, Cox Automotive Senior Economist
