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Mixed February conditions still produce highest Cox index reading in more than two years.
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Cox forecast foresees tepid growth and a CPO decline.
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Year-over-year increase exceeds seasonal normal. Meanwhile, Cox expects muted growth this year.
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December buying spree, especially for luxury models, capped four-month upward ATP streak.
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Cox forecasts they’ll do as well this year despite expected obstacles.
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Small 2024 shift shows they may have stopped declining from pandemic-era inflation.
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Cox forecasts 2025 sales, including EVs, to get healthy bump as buying conditions improve.
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Greater credit access in November combines with falling delinquencies for more stable conditions.
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Various conditions combined to pull consumers from the sidelines.
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