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

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

(Thousands of vehicles)

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  1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Total, vehicle sales and leases 51,390 49,599 49,807 51,940 55,186 56,476 55,891 56,351 56,375 57,618 58,964 59,742 59,835 60,215 59,410
New vehicle sales and leases 13,860 12,309 12,857 13,883 15,045 14,718 15,090 15,114 15,534 16,879 17,344 17,118 16,810 16,643 16,865
Passenger cars 9,300 8,175 8,214 8,518 8,990 8,636 8,527 8,273 8,142 8,697 8,852 8,422 8,102 7,615 7,505
Light Trucks 4,560 4,134 4,643 5,365 6,055 6,081 6,563 6,842 7,392 8,183 8,492 8,696 8,708 9,029 9,360
New vehicle salesa 13,285 11,566 11,654 12,031 12,526 12,070 12,127 11,690 11,947 12,468 13,181 13,510 13,639 13,594 13,608
Passenger cars 8,766 7,508 7,332 7,321 7,275 6,841 6,721 6,211 5,968 6,396 6,580 6,407 6,370 5,932 5,737
Light Trucks 4,519 4,058 4,322 4,710 5,251 5,228 5,406 5,480 5,979 6,073 6,601 7,103 7,269 7,663 7,871
New vehicle leasesb 575 743 1,203 1,852 2,519 2,648 2,963 3,424 3,587 4,411 4,163 3,608 3,171 3,049 3,257
Passenger cars 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 1,768
Light Trucks 41 76 321 655 804 853 1,157 1,362 1,413 2,110 1,891 1,593 1,439 1,366 1,489
Used vehicle salesc 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 42,545
Value ($ in billions)d                              
Total, new and used vehicle sales 446 438 486 524 582 611 627 642 651 698 737 737 721 738 759
New vehicle sales 227 208 240 267 291 292 298 306 316 348 380 369 371 382 392
Used vehicle sales 219 230 246 257 291 319 329 336 335 350 357 367 350 356 367
Average Price (current $)d                              
New and used vehicle sales 8,672 8,823 9,759 10,078 10,543 10,818 11,221 11,385 11,545 12,098 12,491 12,321 12,034 12,253 12,774
New vehicle sales 16,350 16,880 18,655 19,200 19,335 19,819 19,727 20,214 20,276 20,534 21,850 21,507 22,005 22,894 23,200
Used vehicle sales 5,830 6,157 6,656 6,742 7,245 7,644 8,073 8,139 8,211 8,587 8,578 8,619 8,130 8,180 8,629

a New vehicle sales data is calculated by subtracting CNW Marketing's vehicle leasing data from BEA's data which combines sales and leases (see below for sources).

b Consumer leases only.

c Used car sales include sales from franchised dealers, independent dealers, and casual sales.

d Includes leased vehicles.

NOTE

Vehicle sales, value of sales, and average prices are from different sources and cannot be calculated from the data presented in this table.

SOURCES

New vehicle sales and leases:
U.S. Department of Commerce, Bureau of Economic Analysis, Underlying Detail for the National Income and Product Account Tables, Internet site http://www.bea.doc.gov/ as of Mar. 4, 2005, table 7.2.5S.

New vehicle sales:
Calculated by U.S. Department of Transportation, Bureau of Transportation Statistics.

New vehicle leases:
CNW Marketing / Research, personal communication, Mar. 2, 2005.

Used vehicle sales, value, and average price:

Manheim, Used Car Market Report, (Atlanta, GA: Annual issues), Internet site http://www.manheimnews.com/UCMR/reports/ManheimUCMR2005-4uN73r/ as of Mar. 3, 2005.