Vehicle Consumer Buying Sentiment Remains Historically Low

(Index = Percent of Favorable Responses Minus Unfavorable Plus 100)

Question: "Speaking now of the automobile market—do you think the next 12 months or so will be a good time or a bad time to buy a new vehicle, such as a car, pickup, van, or sport utility vehicle?"
Source: University of Michigan, Surveys of Consumers, Buying Conditions for Vehicles, November 2024