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

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

(Thousands)

Excel | CSV

  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U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Wealth Division, unpublished data.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.