Assessing retail vehicle sales based on observed changes in units tracked by vAuto, initial estimates of retail used-vehicle sales in April were down 1.7% compared to March but higher year over year by 13%. Over the last four weeks, the average retail listing price for a used vehicle increased by 2%.  

Using estimates of retail used days’ supply based on vAuto data, an initial assessment indicates April ended at 41 days’ supply, up one day from 40 days at the end of March and down five days from April 2024 at 46 days.

New-vehicle sales in April were higher by 11.1% from last year as tariff worries juiced sales, but volume declined 8% from an even stronger March. The April sales pace, or seasonally adjusted annual rate (SAAR), came in at 17.3 million, up 1.3 million from last year’s pace but lower than the 17.8 million level in March.