Detroit Region Used Car Market Report

January 2023

Detroit Region Used Car Market Report

January 2023

Used car sales trends for Detroit and surrounding communities
January market trends based on used inventory from 519 dealers in the Detroit region.
67.1 days
Average turn
Up 8.1%
35.4 days
Average vehicles sold per dealer
Down 8.5%
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 Feldman 1800PreOwned Super Center
2 Feldman Ford of Detroit
3 Suburban Ford of Ferndale
4 Matick Chevrolet
5 Jimmys Car Deals at Feldman Chevrolet of Livonia
6 Serra Buick GMC Cadillac
7 Serra Whelan Chevrolet
8 Moran Automotive
9 LaFontaine Honda Dearborn
10 Suburban Chrysler Dodge Jeep Ram of Troy
11 Suburban Ford of Waterford
12 Tom Holzer Ford
13 Suburban Ford of Sterling Heights
14 Joe Ricci Automotive
15 Jim Causley Buick GMC Truck
16 Meade Lexus of Southfield
17 MATTHEWS HARGREAVES CHEVROLET
18 Michael Bates Chevrolet
19 Todd Wenzel Buick GMC of Westland
20 Moran Used Car Outlet
21 Varsity Lincoln
22 Serra Buick GMC of Rochester Hills
23 Serra Chevrolet of Southfield
24 Pat Milliken Ford
25 Taylor Ford

Most Active Independent Dealers

Based on number of vehicles sold by independent auto dealers
1 Feldman 1800PreOwned Super Center
2 Moran Automotive
3 Joe Ricci Automotive
4 Moran Used Car Outlet
5 Dee's Auto
6 Twins Auto Sales Inc
7 George's Used Cars
8 Road Runner Auto Sales
9 City of Cars
10 R&R Car Company
11 Glassman Auto Group
12 X Drive Auto Sales Inc.
13 Best Bet Auto
14 Ray Laethem Motor Village
15 F&M Auto Sales
16 A & B Motors
17 BrokersAndSellers.com
18 J-Rus Inc.
19 Law Auto Sales
20 Victory Motors Chesterfield

Retail Used Inventory Levels

Highest Demand Vehicles in Detroit for January

Based on number of vehicles sold and average days on lot
1 CHEVROLET EQUINOX Score: 116
2 FORD ESCAPE Score: 100
3 CHEVROLET SILVERADO Score: 100
4 FORD FUSION Score: 94
5 FORD F-150 Score: 92
6 CHEVROLET BLAZER Score: 87
7 GMC ACADIA Score: 86
8 CHEVROLET TRAX Score: 85
9 JEEP GRAND CHEROKEE Score: 85
10 JEEP COMPASS Score: 83
11 FORD EXPLORER Score: 82
12 FORD EDGE Score: 81
13 GMC TERRAIN Score: 80
14 CHEVROLET MALIBU Score: 79
15 CHEVROLET TRAVERSE Score: 79
16 JEEP CHEROKEE Score: 77
17 RAM 1500 Score: 76
18 GMC SIERRA Score: 73
19 CHEVROLET CRUZE Score: 72
20 CHRYSLER PACIFICA Score: 68
21 DODGE JOURNEY Score: 67
22 BUICK ENCLAVE Score: 67
23 FORD FOCUS Score: 66
24 BUICK ENCORE Score: 64
25 JEEP WRANGLER UNLIMITED Score: 61

Lowest Days on Lot Vehicles

Based on average days on lot for January
1 GMC ACADIA 34.6 days
2 FORD FUSION 39.8 days
3 JEEP CHEROKEE 40.3 days
4 CHEVROLET TRAX 40.4 days
5 JEEP COMPASS 41.0 days
6 GMC SIERRA 41.2 days
7 FORD ESCAPE 41.2 days
8 CHEVROLET BLAZER 41.6 days
9 CHRYSLER PACIFICA 42.6 days
10 FORD EDGE 42.6 days
11 CHEVROLET CRUZE 43.2 days
12 GMC TERRAIN 43.2 days
13 FORD EXPLORER 43.6 days
14 CHEVROLET SILVERADO 43.9 days
15 BUICK ENCLAVE 44.4 days
16 CHEVROLET TRAVERSE 44.4 days
17 CHEVROLET EQUINOX 44.4 days
18 FORD F-150 44.8 days
19 FORD FOCUS 45.0 days
20 DODGE JOURNEY 46.1 days
21 CHEVROLET MALIBU 46.9 days
22 JEEP GRAND CHEROKEE 47.4 days
23 RAM 1500 48.5 days
24 JEEP WRANGLER UNLIMITED 50.5 days
25 BUICK ENCORE 53.2 days

Days on Lot Trend in the Detroit Region

January Used Inventory by Year and Mileage

All vehicles for sale in Detroit
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