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Estimated Monthly Used-Vehicle SAAR and Volume

Total used-vehicle sales in August are estimated to be near 3.1 million units, down 11.4% from August 2021, according to Cox Automotive. The seasonally adjusted annual rate (SAAR), or sales pace, is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace. Used retail sales … Continued

CPO Sales Drop in May, Down 17.5% Year to Date

Certified pre-owned (CPO) sales in May fell to 208,423 units, down 7% from April’s 223,999 unit sales and down over 22% from May 2021. May’s CPO sales result is the lowest since February and halts four straight months of increases. MAY 2022 CPO SALES Leveraging a same-store set of dealerships selected to represent the country … Continued

Fleet Sales Drop Significantly Year Over Year in May

Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 8.7% month over month in May to 141,047 units, according to an early estimate from Cox Automotive. May 2022 Fleet Sales Combined sales into large rental, commercial, and government fleets decreased 16.1% from May 2021. Sales into government fleets were up 5.9% … Continued

2022 Cox Automotive Market Insights and Outlook Flipbook Available

The Cox Automotive Economic and Industry insights team’s goal is to help automotive industry stakeholders make the best decisions for the future. The 2022 Cox Automotive Market Insights & Outlook flipbook makes accessing key data and insights easy. This digital format allows readers to quickly find what they are looking for and can be downloaded as a PDF and … Continued

CPO Sales Improve Slightly in April, Remain Behind 2021

Certified pre-owned (CPO) sales in April rose to 223,999 units, up 2% from March’s 219,360. April’s CPO result is the highest since September 2021 and is the fourth straight uptick this year. However, CPO sales are down 14% year over year.  APRIL 2022 CPO SALES Leveraging a same-store set of dealerships selected to represent the … Continued

Fleet Sales Improve Year Over Year in April, Outperform Retail Sales

Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 12% month over month in April to 154,654 units, according to an early estimate from Cox Automotive. APRIL 2022 FLEET SALES Combined sales into large rental, commercial, and government fleets increased 4% from April 2021. Sales into commercial fleets in April saw … Continued

CPO Sales Increase for Third Consecutive Month, Remain Off Last Year’s Pace

Certified pre-owned (CPO) sales in March rose to 219,360 units. This total is up 14.3% from February’s 191,860, but down nearly 23.3% from March 2021. March’s CPO result is the highest since September 2021 and is the third straight uptick this year.  MARCH 2022 CPO SALES Used-vehicle sales in March were down nearly 12% from one … Continued

March Fleet Sales Decrease Slightly After Strong February

Sales into large fleets decreased nearly 4% month over month in March to 176,322 units, after an improvement in February, and remained down more than 11% year over year. Rental fleet sales volume remains low and sales into government fleets saw a modest decline. Meanwhile, sales into commercial fleets in March saw an impressive gain … Continued

February CPO Sales Increase By Double Digits Month Over Month

Certified pre-owned (CPO) sales in February rose to 191,860 units. This total is up 15.3% from January’s 166,309, but down nearly 8.5% from February 2021. February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend. CPO sales have been in decline since having strong sales in Q2 and Q3 of … Continued

February Fleet Sales Rebound Month Over Month

Sales into large fleets increased 27% month over month in February to 124,507 units, the highest volume in the past seven months, but remained down year over year. Rental fleet sales volume remains extremely low while commercial and government both saw modest year-over-year gains last month. FEBRUARY 2022 FLEET SALES Combined sales into large rental, … Continued