Titles for new and used dealer cars are up from July 2009 to July 2010, according to the Lucas County Clerk of Courts. In July, 1,944 new car titles were registered in Lucas County, accounting for 447 more titles than in July 2009.  The month had the most new car titles registered since Cash for Clunkers in August 2009, which topped out at 2,539 new cars.

The total amount spent on new cars sold was also up more than $13.1 million from last year. Based on information from the clerk of courts’ office, the average amount paid for a new car in July was $27,804. Used cars sold by dealerships were up 362 titles from July 2009 with 2,766 titles this past month. More than $8.7 million more was spent on used cars in July 2010 than July 2009.

The average amount spent on a used dealer car was $11,747 for July.

Despite 593 more new cars titles, the total amount spent on new cars is approximately $10 million less than this time last year. However, the overall amount spent on dealership used cars is up more than $21.6 million.

Casual car sales, sales from one person to another, were down for the month July 2010 from July 2009, but the overall amount spent on cars was higher. The average price paid for a casual used car in July 2009 was $2,057, while in July 2010 it was $2,262.

More than $14.6 million more has been spent on casual new cars this year than during the same amount of time in 2009. The total amount spent on car sales this year is up about

$26.3 million from last year.

Tags: Lucas County Clerk of Courts

This entry was posted on Thursday, August 19th, 2010 at 2:55 pm and is filed under Nuts and Bolts, Wheels.
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