Table 1-17: New and Used Passenger Car Sales and Leases (Thousands)

Table 1-17: New and Used Passenger Car Sales and Leases (Thousands)

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  1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
TOTAL new and used passenger car sales 46,830 45,465 45,164 46,575 49,131 50,393 49,327 49,512 48,982 49,438 50,466 U
New passenger car salesa 9,300 8,175 8,214 8,518 8,990 8,635 8,526 8,272 8,142 8,698 8,846 U
Used passenger car salesb 37,530 37,290 36,950 38,057 40,141 41,758 40,801 R41,237 R40,841 R40,739 41,620 42,624
Value of transactions ($ billions) R220 R229 R246 257 R291 R319 R329 R336 335 R350 R357 376
Average price (current $) R5,857 R6,143 R6,656 R6,742 R7,245 R7,644 R8,073 R8,139 R8,211 R8,587 R8,578 8,832
New passenger car leasesc 534 667 882 1,197 1,715 1,795 1,806 2,062 2,174 2,271 2,272 U

KEY: R = revised; U = data are not available.

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, and Aug. 26, 2002.