Used vehicle wholesale prices experienced a slight drop in September amid worries about Q4 trends.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2025
0mins
Should l Buy AN?
Source: SeekingAlpha
Wholesale Vehicle Market Trends: The Manheim Used Vehicle Value Index fell 0.2% in September from August but remains 2% higher year-over-year, with mixed segment performance; luxury vehicles and electric vehicles saw price increases, while compact cars and mid-size sedans experienced declines.
Retail Sales and Economic Outlook: Retail used vehicle sales dropped 3.9% from August and 2% year-over-year, with rising average listing prices. Cox Automotive's Chief Economist warns of potential Q4 slowdowns due to supply shifts, high tariffs, and increasing interest rates, despite a stronger-than-expected market performance so far this year.
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Analyst Views on AN
Wall Street analysts forecast AN stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 195.810
Low
230.00
Averages
248.60
High
300.00
Current: 195.810
Low
230.00
Averages
248.60
High
300.00
About AN
AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. Its segments include Domestic, Import, Premium Luxury, and AutoNation Finance. The Domestic segment is comprised of retail automotive franchises that sell new vehicles manufactured by Ford, General Motors, and Stellantis. The Import segment is primarily comprised of retail automotive franchises that sell new vehicles manufactured by Toyota, Honda, Hyundai, and Subaru. The Premium Luxury segment is primarily comprised of retail automotive franchises that sell new vehicles manufactured by Mercedes-Benz, BMW, Lexus, Audi, and Jaguar Land Rover. The franchises in each of its Domestic, Import, and Premium Luxury segments also sell used vehicles, parts and automotive services, and automotive finance and insurance products. The AutoNation Finance segment is comprised of its captive auto finance company, which provides indirect financing to qualified retail customers on vehicles it sells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Market Expansion Plan: Amazon Autos is rapidly transitioning from a pilot program to a broad vehicle marketplace, with online car buying expected to triple by the end of this decade, indicating significant market potential and strategic value.
- Collaboration with Dealers: Rather than taking a cut from transactions, Amazon collaborates with dealerships to enhance their online presence and shorten sales cycles, thereby improving overall operational efficiency and strengthening dealers' competitive positions.
- Threat to Competitors: Amazon's entry poses a serious threat to vehicle listing and lead-generation companies like Cars.com and CarGurus, although it has yet to fully replicate Carvana's nationwide inventory and distribution capabilities.
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- Battery and Brake Checks: Before summer heat peaks, drivers are encouraged to test their batteries in April to avoid the effects of high temperatures on aging batteries, while routine brake inspections are recommended to prevent costly repairs due to wear and tear, ensuring safety on the road.
- Community Events and Services: AutoNation hosts complimentary Car Care Clinics nationwide, reinforcing its commitment to supporting families and promoting safe driving practices, while offering multi-point inspections to help vehicle owners maintain performance and reduce long-term repair costs.
See More
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See More
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- Tight Inventory: As of March, the days' supply of used vehicles fell below 40 days, marking the lowest point since 2026, indicating increased inventory pressure faced by dealers and consumers that may impact future sales strategies.
- Sales Forecast Adjustment: Cox raised its 2023 used vehicle sales forecast from 20.3 million to 20.4 million, although a slight decline in sales is expected in the second half of the year, reflecting the ongoing demand for used vehicles amid complex market dynamics.
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See More
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