CBT News | #1 Source for Automotive News & Dealership Intelligence

Cox Automotive reports dealer inventory builds to 82-day supply

Dealer inventory reaches an 82-day supply, which could slow new-car price gains as the average price nears a record high.

CBT News | #1 Source for Automotive News & Dealership Intelligence

Used-car prices hit highest level since 2022 as supply improves

Used-car prices reached $27,235 in September as inventory improved, affordable vehicles remained scarce & certified pre-owned sales grew 10%.

Kelley Blue Book

Average New Car Price Nears All-Time High - Kelley Blue Book

The final sale price of the average new car flirted with a record last month, coming in at $50,562 - just $52 less than last December's mark.

CBT News | #1 Source for Automotive News & Dealership Intelligence

Car buying got harder in September, CDK reports

Car buying ease fell to 79% in September as credit applications got harder and fewer buyers found the car they wanted on the lot, CDK says.

Kelley Blue Book

New Cars Grew Harder to Afford in August - Kelley Blue Book

The average earner would have needed to work 35.5 weeks to pay off the average new car in August, 2.6% less time than a year ago.