Used-Vehicle Supply and Average Listing Price Declined in January

Used-vehicle inventory opened February at lower levels than it closed 2023, according to the Cox Automotive analysis of vAuto Available Inventory data.

The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at 2.33 million units as February opened, up 7% from a year ago but down from the revised 2.39…