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

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

(Thousands)

	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 sales^a	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 sales^b	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 leases^c	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U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Wealth Division, unpublished data.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.