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Our new car dealer-to-dealer trade price took a gigantic leap this past month. On average, franchise dealerships selling new car inventory to other franchise dealerships in the month of July received $1,032 per unit over invoice. The July Index was based on 665 units sold through Dealer Trade Network.

1,032

OVER INVOICE PRICE

70% of the traded units that made up this index were Chevrolet, Toyota, Nissan, Jeep, and Kia models.

Inventory Remains Steady

New car inventory stayed at over 2M units for the second month in a row. However, not all manufacturers have been able to maintain a healthy supply of vehicles and that led to a climb in the monthly trade index.

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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 car inventory.

About Dealer Trade Network
With a combination of proprietary software, trusted industry relationships, and deep market expertise, 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 9,500 new vehicles nationwide annually across 4,000 new car dealers.