Houston Chronicle

SALES: Figures for January off from a year before, but average price up

- By Mike D. Smith

January auto sales were down slightly in the Houston region from the same period a year earlier, but continued strong demand for trucks and SUVs pushed the average retail sales price to a record $36,357.

During the month, 27,410 vehicles were sold in the nine-county metro area, a decline of 0.7 percent from January 2014, according to the monthly TexAuto Facts report compiled by InfoNation of Sugar Land. However, retail sales — vehicles sold through dealership­s — rose 0.3 percent to 23,642, data show.

In January, trucks and SUVs — 63.9 percent of retail vehicles sold in the Houston area — cost on average about $8,500 more than cars, InfoNation owner Steve McDowell said. That suggests the continued rise in average price likely isn’t driven by inflation.

InfoNation also released more informatio­n about the record 2015 sales year.

In 2015, the average age of cars and light truck vehicles in operation on

Houston-area roadways fell slightly to 8.67 years. That’s still about three years younger than the national average, which Houston historical­ly trails, McDowell said.

Of the region’s vehicles, 36.6 percent are between 1 and 5 years old.

“It tells me that we don’t have a lot of pentup demand,” McDowell said.

The need to replace vehicles is one of the factors dealers have said contrib- uted to the record annual numbers of recent years.

In 2015, 376,481 vehicles were sold, marking the sixth continuous year of annual sales increases. Projection­s are that 2016 sales could f all about 4 percent, which would still put the year among the highest-grossing of the last decade.

Nationally, 1.15 million vehicles were sold in January, down 0.4 percent from a year earlier.

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