EV sales may experience some tailwinds, leading to robust activity through the end of the year.
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Ford’s F-Series trucks and Transit vans take center stage in the 2025 Vincentric CPO Awards, securing top accolades for their exceptional value and low ownership costs.
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The average transaction price for new EVs has slightly decreased and used EV prices are nearing parity with those of traditional vehicles.
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Retail used-vehicle sales have also increased for five consecutive weeks, and that should keep dealer demand for wholesale units elevated in the coming weeks.
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Trends indicate that used-vehicle inventory is tighter despite the monthly rise in vehicles listed.
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As the number of new vehicles increases and incentives rise, the auto industry is seeing the highest days’ supply in two years.
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Commercial vehicles, electric vehicles, and late model used vehicles all show strong double-digit volume increases.
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Sales trends may have been affected by business disruptions early in October caused by hurricanes Helene and Milton coming back-to-back.
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Combined sales of the three primary fleet sectors were up 16.5% last month compared to October 2023.
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But used EV sales demonstrated slower, steady growth, remaining a small part of the market.
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