Baltimore Region Used Car Market Report

January 2023

Baltimore Region Used Car Market Report

January 2023

Used car sales trends for Baltimore and surrounding communities
January market trends based on used inventory from 282 dealers in the Baltimore region.
64.4 days
Average turn
Up 7.9%
35.4 days
Average vehicles sold per dealer
Down 6.5%
Average national wholesale values by month
Wholesale values declined slightly in January, but the decrease slowed from previous months.

Most Active Dealers

Based on number of vehicles sold
1 CarMax - Laurel
2 CarMax - White Marsh
3 Jones Used Cars
4 Heritage | MileOne Autogroup
5 ANYONERIDES.COM
6 CarMax - Ellicott City
7 MileOne Autogroup
8 Koons Ford Of Baltimore
9 Koons White Marsh Chevrolet
10 Antwerpen Nissan Security
11 Len Stoler Lexus
12 Heritage Honda
13 Koons Annapolis Toyota
14 Koons Kia of Owings Mills
15 Koons Clarksville Chevrolet Buick GMC
16 Sheehy Toyota of Laurel
17 J.B.A. CHEVROLET
18 Lexus of Towson
19 Car Corporation of Millersville
20 Len Stoler Hyundai
21 Tate Dodge Chrysler Jeep, Inc.
22 Sheehy Nissan Glen Burnie
23 Bob Bell Hyundai
24 Sheehy Lexus of Annapolis
25 MINI of Annapolis

Most Active Independent Dealers

Based on number of vehicles sold by independent auto dealers
1 Jones Used Cars
2 Heritage | MileOne Autogroup
3 ANYONERIDES.COM
4 MileOne Autogroup
5 Car Corporation of Millersville
6 Jones Junction
7 Auto Showcase of Bel Air
8 All Roads
9 East Coast Automotive Inc.
10 Jimmy The Boxer Auto Mall
11 Arm Motors
12 Priceless
13 Dawsons Auto & Cycle
14 High Rated Auto Company
15 Sir Michaels Auto Sales - Rosedale
16 Sports and Imports
17 A G Auto Sales
18 Bill Kidd's
19 M&M Auto Baltimore
20 Star Cars LLC

Retail Used Inventory Levels

Highest Demand Vehicles in Baltimore for January

Based on number of vehicles sold and average days on lot
1 TOYOTA RAV4 Score: 105
2 HONDA CR-V Score: 101
3 HONDA CIVIC Score: 94
4 TOYOTA COROLLA Score: 91
5 LEXUS RX 350 Score: 91
6 TOYOTA CAMRY Score: 91
7 HONDA ODYSSEY Score: 89
8 HONDA PILOT Score: 88
9 TOYOTA HIGHLANDER Score: 87
10 FORD F-150 Score: 85
11 CHEVROLET SILVERADO Score: 84
12 JEEP GRAND CHEROKEE Score: 83
13 TOYOTA TACOMA Score: 83
14 HONDA ACCORD Score: 80
15 MAZDA CX-5 Score: 80
16 RAM 1500 Score: 79
17 SUBARU OUTBACK Score: 78
18 VOLKSWAGEN JETTA Score: 78
19 HYUNDAI SANTA FE Score: 76
20 JEEP CHEROKEE Score: 72
21 HYUNDAI ELANTRA Score: 68
22 HYUNDAI TUCSON Score: 68
23 NISSAN ROGUE Score: 66
24 FORD EXPLORER Score: 64
25 FORD ESCAPE Score: 55

Lowest Days on Lot Vehicles

Based on average days on lot for January
1 TOYOTA RAV4 22.9 days
2 LEXUS RX 350 23.8 days
3 HONDA ODYSSEY 25.0 days
4 HONDA CR-V 25.6 days
5 HONDA PILOT 26.7 days
6 TOYOTA COROLLA 30.3 days
7 TOYOTA TACOMA 30.9 days
8 TOYOTA HIGHLANDER 31.4 days
9 HONDA CIVIC 32.4 days
10 MAZDA CX-5 33.8 days
11 SUBARU OUTBACK 33.8 days
12 VOLKSWAGEN JETTA 33.8 days
13 FORD F-150 34.7 days
14 RAM 1500 36.1 days
15 CHEVROLET SILVERADO 36.4 days
16 TOYOTA CAMRY 36.7 days
17 HYUNDAI SANTA FE 37.2 days
18 JEEP GRAND CHEROKEE 37.5 days
19 JEEP CHEROKEE 40.7 days
20 HYUNDAI TUCSON 43.8 days
21 HONDA ACCORD 48.7 days
22 FORD EXPLORER 50.5 days
23 HYUNDAI ELANTRA 51.4 days
24 NISSAN ROGUE 51.8 days
25 FORD ESCAPE 58.1 days

Days on Lot Trend in the Baltimore Region

January Used Inventory by Year and Mileage

All vehicles for sale in Baltimore
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