At the beginning of April, U.S. dealerships had about 2.69 million new vehicles in stock—a 10.2% drop from 2.99 million at the start of March and a 2.4% decline compared to the same time last year.
New vehicle sales saw growth in March, both compared to February and to the previous year. According to Cox Automotive, 30-day average sales rates are rising, and are now 12% higher year-over-year.
Retail sales of new vehicles have followed strong seasonal patterns this year, with consistent weekly gains throughout February and March. A significant spike occurred at the end of March, driven by a rush of buyers responding to an import tariff announcement. Current inventory levels are the lowest seen since 2023.
Here are important definitions that will help you understand and interpret the data below:
Market Day supply: This is the number of days needed to sell all vehicles in inventory, based on the previous month’s daily selling rate. Learn more about MDS.
Inventory: This is the unit count of vehicles on hand at dealerships, factory lots, ports of entry, and in transit.
All data is sourced from CarEdge Insights and Cox Automotive.
Let’s dive in!
Cars with the Most and Least Inventory in April 2025
After years of volatility, new car inventories are in line with historical norms. However, a new disruption has emerged in 2025: tariffs. As car buyers rush to purchase before likely price increases, new car inventory is falling this spring season.
As we can see below, Stellantis brands have the most inventory, followed by Nissan and Volkswagen among the mainstream automakers. Toyota and Honda brands have the least inventory, and as a result, the least negotiable prices.
New Car Inventory By Make in April 2025
To provide car buyers with additional insights, we’ve pulled the latest inventory data for the best-selling cars in America for top brands. Looking for local data? Check out CarEdge Insights.
Ford Inventory Levels
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Chevrolet Inventory Levels
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Toyota Inventory Levels
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Honda Inventory Levels
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Hyundai Inventory Levels
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Kia Inventory Levels
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Mazda Inventory Levels
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Subaru Inventory Levels
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Hey, I just thought of something you might want to share. I’m tentatively waiting on a new Lexus that “should” arrive mid February. My credit union has great rates now on auto loans. It dawned on me to call them and see if I go ahead and get approved on the amount I may need to borrow, will that lock in this rate and if so, for how long? I’m worried that rates could go up a little soon. They answered that my approval would be good for 60 days at the stated rate at approval.
SO….. I’m going to go ahead and apply for the loan now to lock in this current rate while waiting for my car to arrive. This might be worth passing along .
Do you plan on updating the February numbers? I really enjoyed this info and would love to see you continue to update the numbers monthly if possible?