icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

Data Point

CPO Sales Reach 2018 Record – Another Record Forecast for 2019

Share

Facebook Share Twitter Tweet Linkedin Share Email Email

Certified pre-owned (CPO) sales reached a new record high in 2018 at 2.7 million units in the U.S. (up 2.1 percent versus 2017), matching the January 2018 forecast from Cox Automotive economists. This new high represents the eighth straight year of record CPO sales. Year-over-year CPO sales in December were up 1.3 percent. Major brands like Jeep, Nissan and VW saw success while BMW, Ford and Toyota struggled.

2018 cpo sales record

Cox Automotive is forecasting 2019 CPO sales at 2.75 million units, yet another stellar year for these gently-used, high-content vehicles.

Sign up here to receive bi-weekly updates on news and trends dominating the automotive industry.