Table 1-17: New and Used Passenger Car Sales and Leases
Table 1-17: New and Used Passenger Car Sales and Leases
(Thousands of vehicles)
| 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TOTAL new and used passenger car sales | 46,830 | 45,465 | 45,164 | 46,575 | (R) 49,131 | (R) 50,394 | 49,328 | (R) 49,510 | 48,983 | 49,436 | 50,472 | 51,046 | (R) 51,127 | 51,187 |
| New passenger car salesa | 9,300 | 8,175 | 8,214 | 8,518 | (R) 8,990 | (R) 8,636 | 8,527 | (R) 8,273 | 8,142 | 8,697 | 8,852 | 8,422 | (R) 8,102 | 7,615 |
| Used passenger car salesb | 37,530 | 37,290 | 36,950 | 38,057 | 40,141 | 41,758 | 40,801 | 41,237 | 40,841 | 40,739 | 41,620 | 42,624 | 43,025 | 43,572 |
| Value of transactions ($ billions) | 220 | 229 | 246 | 257 | 291 | 319 | 329 | 336 | 335 | 350 | (R) 357 | 367 | (R) 350 | 366 |
| Average price (current $) | 5,857 | 6,143 | 6,656 | 6,742 | 7,245 | 7,644 | 8,073 | 8,139 | 8,211 | 8,587 | (R) 8,578 | (R) 8,619 | (R) 8,130 | 8,409 |
| New passenger car leasesc | 534 | 667 | 882 | 1,197 | 1,715 | 1,795 | 1,806 | 2,062 | 2,174 | 2,301 | 2,272 | 2,015 | 1,732 | 1,683 |
KEY: R = revised.
a Includes leased cars.
b Used car sales include sales from franchised dealers, independent dealers, and casual sales.
c Consumer leases only.
SOURCES
New passenger car sales:
U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Wealth Division, unpublished data.
Used passenger car sales:
1990-91: ADT Automotive, 2001 Used Car Market Report (Nashville, TN: 2000), p. 5.
1992-2003: Manheim Auctions, 2004 Used Car Market Report, Internet site www.manheimnews.com/UCMR/reports/UCMR2004dy7r990l/assets/pdfs/ucmr_2004.pdf as of Aug. 5, 2004, and similar tables in earlier editions.
Leased passenger cars:
CNW Marketing / Research, personal communications, May 31, 2000, Aug. 13, 2001, Aug. 26, 2002, July 18, 2003, and June 29, 2004.