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CPO Sales Increase Slightly in September

Certified pre-owned (CPO) sales reached 228,118 units in September. This sales level reflects a 2% month-over-month increase and a 1% year-over-year increase when CPO sales continued their strong performance in September 2020 as an important part of the used-vehicle market recovery. CPO Sales With 2,163,380 units sold through September, year-to-date CPO sales are up 11% compared … Continued

Fleet Sales Decrease in September, Stay Slightly Above 2020 Year-to-Date Level

In September, 98,415 total fleet units were sold, a 12% month-over-month decrease compared to 112,069 in August and a 21% decrease from September 2020 which recorded 124,930 units. This brings the 2021 year-to-date total combined large rental, commercial, and government purchases of new vehicles to 1.3 million units, a 3% increase from this time in … Continued

CPO Sales Fall in August, Barely Sustain Record Pace

Certified pre-owned (CPO) sales reached 222,942 units in August. This sales level reflects a 10% month-over-month decrease and a 7% year-over-year decrease when CPO sales continued their strong performance in August 2020 as an important part of the used-vehicle market recovery. The year-over-year decrease was less than the overall used-vehicle market decline of 12%. A … Continued

Fleet Sales Decrease Slightly in August, Rental Comeback Continues

In August, 112,069 total fleet units were sold, a 3% month-over-month decrease compared to 115,976 in July and an 11% increase from August 2020 which recorded 101,159 units. This brings the 2021 year-to-date total combined large rental, commercial, and government purchases of new vehicles to 1.2 million units, a 6% increase from this time in … Continued

CPO Sales Increase in July, Continue to Outpace Pre-Pandemic Level

Certified pre-owned (CPO) sales reached 248,749 units in July, reflecting a 4% month-over-month increase and a 2% year-over-year decrease when relatively strong July 2020 CPO sales were part of the used-vehicle market recovery. A much more relevant comparison is to July 2019, and CPO sales were up 5% compared to that more normal period. CPO … Continued

Fleet Sales Drop in July, Remain Well Below 2019 Level

In July, 115,976 total fleet units were sold, a 16% month-over-month decrease compared to 138,801 in June but an 11% increase from July 2020 which recorded 104,769 units. This brings the 2021 year-to-date total combined large rental, commercial, and government purchases of new vehicles to 1.09 million units, a 6% increase from this time in … Continued

CPO Sales Beat Record 2019 Level in First Half

Certified pre-owned (CPO) sales had a frenzied spring, just like the broader used-vehicle retail market. However, like the market, the frenzy cooled down as spring ended and transitioned into summer. In June, 239,049 CPO units were sold. June CPO sales were down 9% year over year and down 11% month over month as waning stimulus … Continued

June Fleet Sales Push First-Half Total Over 2020 Level, Rental Sales Surge

In June, 138,801 total fleet units were sold, an 18% month-over-month decrease compared to 168,166 in May but a 63% increase from June 2020, which recorded 85,104 units. This brings the first-half total combined large rental, commercial, and government purchases of new vehicles to 969,751. First-half fleet sales increased 5% over this time in 2020 but … Continued

CPO Sales Up Month over Month in May, On Record-Setting Pace

The certified pre-owned (CPO) market performed well with 268,452 CPO units sold in May, a 4% month-over-month increase and a 13% year-over-year increase. CPO sales in May 2021 outperformed the same month in 2019 by 16,589 units. With 1,224,522 CPO units sold through May, CPO sales are up 25% versus the same time in 2020 … Continued

May Fleet Sales Rebound After April Drop

In May, 168,166 total fleet units were sold, a 14% month-over-month increase compared to 148,118 in April but a 222% increase from May 2020 which recorded 52,203 units. This brings the 2021 year-to-date total combined large rental, commercial, and government purchases of new vehicles to 830,950 units, a .9% decrease from this time in 2020 … Continued