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.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
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.
Whether you’re looking to find more cars or find the right cars at wholesale auctions, Stockwave delivers live market data you can’t get anywhere else.
Intelligent Promotion allows your dealership to merchandise more efficiently with attention-grabbing VDP content and promotions you can scale across your inventory.
With this eBook, learn how your customers shop online and what they want to see, how you can tailor your merchandising approach to give them a digital shopping experience that is not only better but more influential.
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.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
Monthly Industry Insights | New and Used Car Newsletter
What happened in the new and used car industry this past month? Visit our Industry Insights page to learn about days’ supply, inventory, pricing, sales trends and more!
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
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.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
How to Start Strong in 2024 | Q1 2024 Live Market View
If you’re like most dealers we talked to at NADA SHOW 2024, you want to combine the best practices and behaviors you’ve learned over the past few years with the traditional discipline you need to run a successful dealership. Watch our 5-minute video with Derek Hanson and Dale Pollak, as they discuss the best opportunities for growth this year.
Strong February sales drew down inventory to 76 days’ supply
Average listing price was $47,285
Up 0.6% from a year ago
Discounts and incentives in February averaged 5.9% of ATP
Up from 5.7% in January and significantly higher than the average 3.1% recorded in February one year ago
3-Month Sales Trend*
Month
Avg. Daily Retail Sales
December
52,500
January
43,200
February
50,000
Average Transaction Price*
Month
Amount
December
$48,759
January
$47,401
February
$47,285
Days’ Supply*
Month
# of Days
December
70
January
80
February
76
Daily Holding Cost Per New Car*
Month
Amount
December
$7.71
January
$7.69
February
$7.60
Dealer Profit Per New Car**
Month
Amount
December
$2,729
January
$2,817
February
$2,574
OEM Days’ Supply*
Rebates & Incentives
Latest News
Average Blended Incentive is $2,808, trending up $500 over the past 6 months.
With inventories rising and interest rates not falling, we should expect to see a large increase in cash incentive programs in the next 3-6 months.
Full-Size Pick-up Segment
Sales have increased as incentives have started to rise.
Slight trend up in February, which is traditionally one of the lowest sales months of the year.
Compact SUV Segment
Incentive offers are starting to rise as inventory levels and sales start to level off.
Compact Sedan Segment
Incentive offers have been lowered, despite inventory levels rising.
Mid-Size SUV Segment
Inventory and sales amount have begun to level off while incentive offers continue to climb to drive sales.
Mid-Size Sedan Segment
Inventory levels have stabilized due to increase in incentive offers.
Electric Vehicle Segment
Continues to have a high active supply with comparative low sales and large incentive offers.
“New-vehicle affordability improved in the consumer’s favor again last month. Income growth continued and both the average new-vehicle price and theaverage interest rate declined.”
