Table 1-15. New and Used Passenger Car Sales and Leases (Thousands)
Table 1-15. New and Used Passenger Car Sales and Leases (Thousands)
1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | |
---|---|---|---|---|---|---|---|---|---|---|
New passenger car salesa | 9,300 | 8,175 | 8,213 | 8,518 | 8,991 | 8,635 | R8,526 | 8,272 | R8,139 | U |
Used passenger car salesb | 37,530 | 37,290 | 36,950 | 38,057 | 40,141 | 41,758 | 40,828 | 40,270 | R40,220 | 40,890 |
Value of transactions ($ billions) | 219 | 230 | 247 | 279 | 312 | 338 | 337 | 338 | R335 | 361 |
Average price (current $) | 5,830 | 6,157 | 6,693 | 7,335 | 7,781 | 8,093 | 8,257 | 8,399 | R8,341 | 8,828 |
Total new and used passenger car sales | 46,830 | 45,465 | 45,163 | 46,575 | 49,132 | 50,393 | R49,354 | 48,542 | R48,359 | U |
New passenger car leasesc | 534 | 667 | 882 | 1,197 | 1,715 | 1,795 | R1,806 | 2,062 | R2,174 | 2,271 |
a Includes leased cars.
b Used car sales include sales from franchised dealers, independent dealers, and casual sales.
c Consumer leases only.
KEY: R = revised; U = data are not available.
SOURCES:
New passenger car sales:
1994-98: Ward's, Motor Vehicle Facts & Figures, 1999 (Southfield, MI: 1999)
Used passenger car sales:
ADT Automotive, 2000 Used Car Market Report (Nashville, TN: 2000), p. 5.
Leased passenger cars:
CNW Marketing/Research, personal communication, May 31, 2000.