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Sub-$15K used units are turning in 34 days. Are you buying more of them or fewer?

carguyfiles

Desk Monkey
Jun 20, 2026
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Cox's October used inventory numbers came out yesterday, and two lines jumped out at me.

Used vehicles under $15,000 had 34 days' supply, 15 days below the industry average. That price band is now 15.8% of all used inventory, down from 19.6% a year ago.

Our Marketplace data says the same thing from the posting side. Out of 10,823 dealer listings in our report, only 714 asked under $10,000, and 45% asked $30,000 or more. The five most-posted models were all pickups and 4x4s.

Disclosure, I build Marketplace posting software, so I'm reading this through listings, not the auction lane.

So the cheapest cars turn fastest and there are fewer of them every month. Are you buying more sub-$15K units right now, or does recon on a 140K-mile car kill the math? What's your mix?
 

✨ AI Highlights

A vendor who builds marketplace posting software shares Cox October data showing sub-$15K used vehicles are turning in just 34 days — 15 days below the industry average — while that segment has shrunk from 19.6% to 15.8% of total inventory year over year. The thread invites dealers to weigh in on whether they're chasing that fast-turning cheap inventory or avoiding it because reconditioning costs on high-mileage units erode the margins. The core tension is clear demand for affordable used cars colliding with shrinking supply and questionable recon economics.

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