Table 1-15: New and Used Passenger Car Sales and Leases

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 2000
TOTAL new and used passenger car sales46,830 45,465 R45,164 R46,575 R49,131 R50,393 R49,327 R49,512 R48,982 R49,438 50,466
New passenger car salesa9,300 8,175 R8,214 8,518 R8,990 8,635 8,526 8,272 R8,142 R8,698 8,846
Used passenger car salesb37,530 37,290 36,950 38,057 40,141 41,758 R40,801 R41,240 R40,840 R40,740 41,620
Value of transactions ($ billions) 219 230 247 R257 R292 R325 R333 R337 335 R353 363
Average price (current $) 5,830 6,157 R6,693 R6,750 R7,280 R7,776 R8,162 R8,164 R8,213 R8,674 8,715
New passenger car leasesc534 667 882 1,197 1,715 1,795 1,806 2,062 2,174 2,271 2,272

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:

Ward's, Motor Vehicle Facts & Figures, 2001 (Southfield, MI: 2001), p.15.

Used passenger car sales:

ADT Automotive, 2001 Used Car Market Report (Nashville, TN: 2000), p. 5.

Leased passenger cars:

CNW Marketing/Research, personal communication, May 31, 2000, Aug. 13, 2001.