Auto Remarketing, May 16, 2019 — After softness in the first two months of the year, certified pre-owned vehicle sales are starting to pick up some steam.
According to Wednesday’s Data Point report from Cox Automotive, there were 233,540 CPO vehicle sales in April, up approximately 6% year-over-year.
That follows nearly 3% growth in March, when 265,878 certified vehicles were sold.
Year-to-date CPO sales are up about 2% through April, with dealers selling 910,578 CPO units, Cox Automotive said.
All these gains come after a slow start to the year. There were 199,640 CPO sales in January, down from 203,024 in January 2018. February CPO sales came in at 211,520, compared to 212,116 a year earlier.
