GNYADA November 2016 NY Auto Outlook
USED VEHICLE REPORT
METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS September July‘16 – September‘16 YTDThrough September 2016 2015 % change Current Previous % change 2016 2015 % change
53,917 53,671 0.5% 178,251 168,844 5.6% 530,656 523,479 1.4 %
INDUSTRY TOTAL
Cars
29,000 29,336 -1.1% 96,907 94,033 3.1% 289,860 289,914 0.0%
PG: 6 new york auto outlook : NEW & USED VEHICLE MARKET November 2016 Issue Registrations -5% 0% 5% 10% 15% 20% 15.4 Light Trucks Detroit Three European Japanese Korean 2-year-old vehicles 3-year-old vehicles 4-year-old vehicles 5-year-old vehicles
24,917 24,335 2.4% 81,344 74,811 8.7% 240,796 233,565 3.1%
17,998 18,777 -4.1% 59,903 58,854 1.8% 181,212 184,075 -1.6%
8,250 8,081 2.1% 27,266 25,647 6.3% 81,946 80,642 1.6%
25,101 24,347 3.1% 82,531 76,652 7.7% 242,475 235,512 3.0%
2,568 2,466 4.1% 8,551 7,691 11.2% 25,023 23,250 7.6%
1-year-old vehicles or newer
5,542 4,635 19.6% 16,558 12,640 31.0% 39,600 34,301 15.4%
4,500 4,990 -9.8% 14,031 13,691 2.5% 37,039 38,684 -4.3%
5,699 4,842 17.7% 20,329 15,165 34.1% 60,641 53,765 12.8%
2,224 2,268 -1.9% 7,607 7,152 6.4% 26,596 26,595 0.0%
2,044 1,983 3.1% 6,662 6,302 5.7% 20,470 19,846 3.1%
6-year-old vehicles or older
33,908 34,953 -3.0% 113,064 113,894 -0.7% 346,310 350,288 -1.1%
Data Source: IHS Markit.
Percent Change in Used Registrations by Vehicle Age YTD 2016 Through September vs YTD 2015
Registrations for three-year-old vehicles increased by 12.8% so far this year.
12.8
0.0
3.1
-4.3
-1.1
1-year-old or newer vehicles
2-year-old vehicles
3-year-old vehicles
4-year-old vehicles
5-year-old vehicles
6-year-old vehicles
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