The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
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Days’ supply in October was 26% above year-ago levels. Used-vehicle inventory has been holding at about this level since mid-January.
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Rising interest rates are taking some potential buyers out of the market.
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Most loan types saw loosening in October, but certified pre-owned loans loosened the most month over month and year over year.
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All eight major market segments saw seasonally adjusted prices that were lower year over year in October.
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The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
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Supply and demand shifts over the last two years have had ripple effects on purchasing patterns, the condition of used assets, and pricing.
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The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
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All eight major market segments saw seasonally adjusted prices that were lower year over year in the first half of October.
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Higher interest rates are likely hurting used-vehicle demand because consumers can’t afford the higher monthly payments.
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The electrified digital-driven automotive sector will bring major shifts in how vehicles are bought, sold, and remarketed. Talk with industry expert and author Steve Greenfield as he outlines the big changes ahead.
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