Table 1-15. New and Used Passenger Car Sales and Leases (Thousands)

Table 1-15. New and Used Passenger Car Sales and Leases (Thousands)

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  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.  
bUsed 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.