New York Auto Outlook October 2013
used vehicle market review
METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS August JuneThru August YTDThru August 2013 2012 % change 2013 2012 % change YTD ‘13 YTD ‘ 12 % change
TOTAL
45,171 45,885 -1.6% 148,916 149,536 -0.4% 396,011 410,699 -3.6%
Cars
25,932 26,808 -3.3% 84,913 86,760 -2.1% 225,509 239,053 -5.7 % 19,239 19,077 0.8% 64,003 62,776 2.0% 170,502 171,646 -0.7 %
Light Trucks
Detroit Three
16,193 17,168 -5.7% 53,552 55,641 -3.8% 146,369 157,136 -6.9 %
European Japanese
1.7 %
6,848
6,530
4.9% 22,661 21,825 3.8% 59,389
58,417
20,292 20,417 -0.6% 66,705 66,360 0.5% 174,727 180,104 -3.0 %
PG: 6 new york auto outlook : New & used Vehicle Market October 2013 Issue Korean 2-year-old vehicles 3-year-old vehicles 4-year-old vehicles 5-year-old vehicles 6-year-old vehicles or older -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% Q2 '12 11.9 2.8 YTD change in new vehicle registrations YTD change in used vehicle registrations
3.2 %
1,838
1,770
3.8%
5,998
5,710
5.0% 15,526
15,042
1-year-old or newer vehicles
21,829 11.8 %
3,394 3,642 4,371 1,706 2,174
3,216 3,411
5.5% 10,623 9,820
8.2% 24,398
3.5 %
6.8% 11,351 10,722 5.9% 26,565 3,754 16.4% 15,221 13,304 14.4% 40,184
25,679
35,360 13.6 % 25,210 -33.4 % 20,615 -8.1 %
2,466 -30.8% 5,707
8,327 -31.5% 16,794 7,575 -5.1% 18,941
2,342
-7.2% 7,190
29,884 30,696 -2.6% 98,824 99,788 -1.0% 269,129 282,006 -4.6 %
Data Source: Polk.
Quarterly Percent Change in Area New and Used Vehicle Markets Second Quarter 2012 Thru Third Quarter 2013
Used New
New vehicle market has had bigger gains than used during the past two years.
28.3
11.8
12.1 10.7
8.3
6.7
4.9
-4.0
-7.6
-11.5
Q3 '12
Q4 '12
Q1 '13
Q2 '13
Q3 '13*
* New vehicle figures for September were estimated by Auto Outlook. Used vehicles include July and August
Data Source: Polk.
Year-To-Date Comparison (Thru August)
Used down 5.7%
New up 11.4%
-6% -4% -2% 0% 2% 4% 6% 8% 10% 12%
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