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Our average new car dealer-to-dealer trade price fell over $1,000 over the previous month. On average, franchise dealerships selling new car inventory to other franchise dealerships received -$562 per unit, under invoice, throughout November.

The November index was based on 651 units sold through Dealer Trade Network.

562

Average Cost Under Invoice

86% of the traded units that made up this index were Chevrolet, Jeep, RAM, Buick, Kia, and GMC models.

Inventory at Pre-COVID Levels

We’re tracking 2.7M new vehicles on franchise dealer websites throughout the United States. This is an 8% increase in new car inventory from the previous month.

We are finding that the continued increase in nationwide inventory has pushed the average price per unit down that franchise dealers are willing to pay other franchise dealers for new car inventory.

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 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 10,000 new vehicles nationwide annually with a network of over 4,000 new car dealers.