certified pre-owned Archives

CPO Sales Come in Surprisingly Weak in October 11/17/2023 In October, certified pre-owned (CPO) sales experienced a slight decline, falling by less than 400 units from October 2022 to reach 207,189, a year-over-year decrease of 0.2%. However, this decrease is more pronounced compared to September, as month-over-month CPO sales were down by over 23,000 units, or 10.1%. One less selling day contributed to both year-over-year and month-over-month declines. “CPO sales came in surprisingly weak in… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

September CPO Sales Come in Strong, Top 2 Million Units Year to Date 10/18/2023 Certified pre-owned (CPO) sales in September totaled 254,976, an increase of more than 28,000 – nearly 14% – year over year, but a slight month-over-month dip due to one less selling day. September’s total was down 12,514 units, a 5% decrease, from August’s number. “CPO sales over the last three months have been the highest in any month since July 2021,” said Chris Frey, senior manager… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Continue Trending Higher in August 09/20/2023 Certified pre-owned (CPO) sales in August rose nearly 15%, over 12,000 units, over last August to finish at 243,132. This total is up over 12,000 units, a 5% increase from July’s number. Year-to-date CPO sales remain up 8%, or over 134,000 units, compared to the first eight months of 2022. “CPO sales continue at a steadily improving measured pace, outperforming the overall used-vehicle market,” said Chris… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Beat Expectations in July 08/16/2023 Certified pre-owned (CPO) sales rose by over 24,700 units year over year in July to finish at 231,128. This total is up more than 7,400 units from June’s number. Year-to-date CPO sales remain up 7%, or over 103,000 units, compared to the first seven months of 2022, which was a down year for the CPO market. “Certified pre-owned sales have been hotter than expected,” said Chris… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Remain Hot in June, Outpacing the Used Market 07/18/2023 Certified pre-owned (CPO) sales in June rose 8.4%, over 17,000 units, over last June to finish at 223,718. This total is up over 4,000 units, a nearly 2% increase from May’s number. CPO sales year to date remain up 6.4%, or over 78,000 units, compared to the first six months of 2022, which was a down year for the CPO market. “One area of strength in… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Outperform Overall Used-Vehicle Retail Market in May 06/19/2023 Certified pre-owned (CPO) sales in May rose 5.4%, over 11,000 units, from last May to finish at 219,633. This total is up nearly 5,000 units, a 2.3% increase from April’s number. CPO sales year to date remain up 6.0%, or 61,000 units, compared to the first five months of 2022, which was a rough year for the CPO market. “CPO sales usually experience a significant surge… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Waver in April 05/16/2023 Certified pre-owned (CPO) sales in April fell more year over year than the overall used retail market. CPO sales decreased 4.2%, or over 9,000 units, from April 2022 to finish at 214,684. This total is down nearly 15,000 units, a 6% drop from March’s number. Year-to-date CPO sales remain up 6% compared to 2022. “April CPO sales took it on the chin compared to March, but… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Continue to Climb in March, Q1 Up 10% Year Over Year 04/12/2023 Certified pre-owned (CPO) sales in March rose 4.2%, over 9,000 units, from last March to finish at 229,542. This total is up nearly 23,500 units, or over 11%, from February’s number. March CPO Sales Assessing retail vehicle sales based on observed changes in advertised units tracked by vAuto, we initially estimate that used retail sales increased 13% in March from February but failed to see the normal… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Continue to Grow in February 03/14/2023 After a strong January, certified pre-owned (CPO) sales in February rose another 1.9% month over month to finish at 205,946, up nearly 3,900 units. This total is up 7.3%, or over 14,000 units, compared to last February. February CPO Sales Used retail sales in February are estimated to be up 3.5% year over year finishing at an estimated 1.7 million units sold. However, the used retail… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point

CPO Sales Get Off to a Strong Start in January 02/14/2023 Certified pre-owned (CPO) sales in January rose 21.5%, nearly 36,000 units, over last January to finish at 202,074. This total is down month over month by over 23,000 units, or down 10%, compared to December 2022. January CPO sales typically show a decline month over month. January CPO Sales Used retail sales in January are estimated to be down 7.5% year over year finishing at an… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point