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TrueCar Looks at October 2012 New Vehicle Sales Trends

toprakjesse2a_7_25_2010-7_47_am.jpg

Jesse Toprak
VP of Market Intelligence
TrueCar.com

The top 2012 brands with biggest discounts In October are Lincoln, Ram, Chrysler, Ford, and Acura; Overall industry discount is 6.6%; 2012 BMW 7 Series Hybrid has largest total incentives with $7,500 in dealer cash; Subaru led overall performance measures for 4th straight month.

Click here to read TrueCar’s October 2012 TrueTrends Report

Manufacturer Product Lines with Largest Discounts in October:
Large Trucks, Large Cars, and Vans offer greatest discounts at an average below MSRP of 7.9% or more.

Segment with Greatest Transaction Price Drop Month Over Month:
Luxury Car segment, with $2,211 difference from last month on 2012 Lexus LS 250C.

Longest and Shortest Days in Vehicle Inventory in October:
Large Cars at 84 days, while Large SUVs 81 and Large Trucks at 79 days; Small Trucks and Small Cars at 46 days, Midsize Cars, Subcompact Cars, and Luxury SUVs at 47 days.

Oct 21, 2012tedroberts
Traditional Seasonal Patterns Expected in Next Few Months by KBBGap Widened Between Used and New, but New Taking Lead
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