Manufacturer sales, including off-rental units repurchased by the OEMs, soared more than 80% year-to-date compared to last year.
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The decline in the average transaction price was mostly expected, as sales of expensive EVs fell sharply as government incentives expired Sept. 30.
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As the month progressed, used retail sales were higher each week, ending with tighter inventory levels.
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Rental fleets again took the monthly spotlight among the three fleet sectors.
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Fleet Forward joins forces with the Soap Box Derby to inspire future engineers and fuel trade school dreams through hands-on innovation.
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As more tariffed products replace non-tariffed inventory, prices are tracking higher, which should lead to slower sales
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EV buyers took advantage of the final federal tax credit days, while average prices edged up for new EVs and continued to decline for used models.
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But sales remain strong, up 7% compared to the previous year, as the used market offers a better value for consumers avoiding pricier new cars.
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Commercial activity continued to power sales growth in September while sales of vehicles up to two years old soared.
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Average transaction prices broke the $50,000 barrier, driven by wealthier buyers and higher-end vehicles.
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