Used-vehicle inventory is tightening across some of the market's most popular models, with fewer vehicles entering the market while demand remains relatively steady.
AutoVision's latest Used Vehicle Inventory Analysis found that inventory entering the market among the top 10 used models fell by about 5,000 vehicles month over month. Overall used-vehicle sales were down 2.8%, but vehicles were moving 3.57 days faster than the previous month.
The strongest activity was concentrated among newer used vehicles. The 2025 Toyota Camry led the late-model category, with about 2,100 vehicles entering the market while nearly 4,000 sold. Two-year-old Chevrolet Silverado 1500s showed a similar imbalance, with 4,119 sold compared with 1,653 added to inventory.
The Ford F-150 was the top-selling used vehicle overall during the period, with 6,942 units sold. It moved ahead of the 2023 Nissan Rogue, which recorded more than 6,100 sales. The F-150 was also the leading seller among older vehicles. Combined sales of seven- to 11-year-old and 12-year-old-plus F-150s topped 10,000 units, with affordability cited as one factor behind the truck's continued demand.
Greg Uland, vice president of marketing at Reynolds and Reynolds, said supply was down about 11% while demand remained relatively level.
The data comes as the broader used market is already showing a shortage of lower-priced inventory. Vehicles priced below $15,000 represented only 15.1% of used inventory in August, down from 20.6% a year earlier, according to Cox Automotive data reported by NIADA.
Bottom line
The used market isn't simply getting smaller or larger. The mix is changing. Popular late-model vehicles are selling faster than new supply is entering the market, while affordable older inventory remains tight. For independent dealers, that makes the availability of specific models just as important as the overall size of the used-vehicle market.
