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The average new car dealer-to-dealer trade price fell sharply in February. Franchise dealerships selling new car inventory to other franchise dealerships received $759 under invoice, per unit, on average throughout the month.

This is down 84% from the previous month.

The February index was based on 605 units sold through Dealer Trade Network.

759

Under Invoice

85% of the traded units that made up this index were Chevrolet, RAM, GMC, and Toyota models.

1M More New Vehicles

An additional 200k new vehicles hit the market in February bringing the new vehicle count to just under 3M units. This means there are roughly 1M more new vehicles available than the same time last year – which is driving dealer-to-dealer trade prices closer to holdback, on average.

Free National Days Supply Report

We track the national days supply of every model and put our findings in a downloadable report.

About the New Car Average Dealer-to-Dealer Trade Price Index
Dealer Trade Network’s New Car Monthly Dealer-to-Dealer Trading Price Index shows the average monthly price, relative to the vehicle’s invoice price, that new car dealerships pay other new car dealerships for new units.

About Dealer Trade Network
Dealer Trade Network manages the end-to-end trade and fulfillment process that moves new vehicles between franchise dealerships so that dealers can match their floor plans with local market demands. The company facilitates the trade of more than 10,000 new vehicles nationwide annually with a network of over 4,000 new car dealers.