SANTA MONICA, Calif. -

The turn rates for dealers on their used cars have been steady with year-ago figures, according to Edmunds.com, which also explained the recent changes in the pre-owned supply-to-demand ratio and how they have impacted turn times.

Edmunds said in its Q2 Used Vehicle Market Report that days-to-turn on used cars during the second quarter was at 37, steady with the turn rate from Q2 of 2013. Likewise, the turn rate for the first quarter was 42 days, same as the year-ago period.

“Q2 witnessed high prices and quick turnover which is a seasonal norm. We expect the market to normalize in the summer as we get further into the model year,” Edmunds’ report indicated. “Newer used-vehicle prices contend with new-vehicle rebates as car shoppers seek out good deals.”

The report goes on to note the hike in new-car sales over the last four years and how that has left a robust inventory of used cars. At this point, it appears that level of supply is moving closer to aligning with consumer appetite, Edmunds said. And that impacts turn rates.

 “This increase in used-vehicle supply appears to be nearing an equilibrium with demand of the used vehicle buyers as we see days-to-turn figures that are beginning to level off,” Edmunds noted.