Edmunds.com is forecasting the sale of 1,629,011 new cars and trucks in December. If realized, the prediction puts the seasonally adjusted annual rate (SAAR) at 17.7 million, an 18.5% increase from the same time last year.
Read More →The estimated average transaction price for light vehicles in the United States was $34,948 in November, an increase of 1.7% compared to the same time last year, according to Kelley Blue Book.
Read More →New vehicle sales are on pace to top last year's sales. However, car buyers are rolling over negative equity from their trade-ins in record numbers, according to Edmunds.com.
Read More →The estimated average transaction price for a light vehicle in the U.S. in October was $34,663, a 2.3% increase over the same time last year, according to Kelley Blue Book.
Read More →New-vehicle sales, including fleet, should decline 6% from a year ago to 1.35 million units in October, Kelley Blue (KBB) said today. If realized, the used-vehicle information site’s prediction would put the month’s seasonally adjusted annual rate (SAAR) at 17.9 million, down from 18 million one year ago but up from September’s 17.7 million SAAR.
Read More →Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals are lower again after a hike in February levels. Auto lease credit approvals for the month of March finished at 66.7%, down from the February mark of 70%.
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