Auto Facts
 
 

 

Average amount financed on used vehicles
Posted on: 06/05/2019

In May, according to Edmunds, the average monthly payment, amount financed, APR and down payment all increased.  Keep in mind that as small cars continue to fall in the numbers sold new, the average used vehicle price should continue to increase.

Term (in months) 67.35 67
Monthly payment $412 $399
Amount financed $22,191 $21,689
APR 8.67 8.22
Down payment $2,719 $2,627
Source: Edmunds



Subaru keeps a monthly sales increase alive
Posted on: 06/04/2019

The automaker's streak of year-over-year sales gains now stands at 90 months.

 

Subaru has sold 278,014 vehicles through May, an increase of 5.7 percent. The automaker is targeting a sales increase of 3 percent for the year.

Although the sales increase was the result of three Subaru models posting gains, incentives were down.  The average incentives per vehicle were $1,451, down 0.9% from a year earlier.

At the same time, the average transaction price was up 5.2% from May 2018 to $28,897 per unit sold.



The top 10 best-selling autos in May
Posted on: 06/04/2019

The top 10 best-selling autos in May and year-to-date as reported by Automotive News.  GM sales are estimated.

  May     5 mos.
1 Ford F series 84,355   Ford F series 368,972
2 Ram pickup 62,250   Ram pickup 231,382
3 Chevrolet Silverado* 52,617   Chevrolet Silverado* 209,688
4 Toyota RAV4 43,499   Toyota RAV4 161,458
5 Toyota Camry 36,208   Chevrolet Equinox* 147,432
6 Honda Civic 32,800   Toyota Camry 147,119
7 Honda CR-V 30,893   Nissan Rogue 146,573
8 Chevrolet Equinox* 29,445   Honda CR-V 146,517
9 Nissan Rogue 28,600   Honda Civic 139,421
10 Ford Escape 26,834   Toyota Corolla 123,999


Top 10 best-selling cars in May
Posted on: 06/04/2019

The top 10 best-selling cars in May and year-to-date as reported by Automotive News.  GM sales are estimated.

    May     5 mos.
1 Toyota Camry 36,208   Toyota Camry 147,119
2 Honda Civic 32,800   Honda Civic 139,421
3 Toyota Corolla 25,712   Toyota Corolla 123,999
4 Nissan Altima 24,218   Honda Accord 107,542
5 Honda Accord 23,892   Nissan Altima 92,229
6 Ford Fusion 21,045   Nissan Sentra 88,675
7 Nissan Sentra 18,831   Ford Fusion 77,578
8 Hyundai Elantra 15,733   Hyundai Elantra 68,431
9 Chevrolet Malibu* 10,994   Chevrolet Malibu* 54,046
10 Kia Soul 10,713   Kia Soul 46,697


Light truck sales in May
Posted on: 06/04/2019

The top 10 best-selling light trucks for May and year-to-date as reported by Automotive News.  GM sales are estimated. 

  May     5 mos.
1 Ford F series 84,355   Ford F series 368,972
2 Ram pickup 62,250   Ram pickup 231,382
3 Chevrolet Silverado* 52,617   Chevrolet Silverado* 209,688
4 Toyota RAV4 43,499   Toyota RAV4 161,458
5 Honda CR-V 30,893   Chevrolet Equinox* 147,432
6 Chevrolet Equinox* 29,445   Nissan Rogue 146,573
7 Nissan Rogue 28,600   Honda CR-V 146,517
8 Ford Escape 26,834   Ford Escape 108,023
9 Jeep Grand Cherokee 25,394   Jeep Grand Cherokee 103,612
10 Jeep Wrangler 24,530   Toyota Tacoma 101,390



 
 
 
 
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