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2 min read
CPO Sales Drop in May, Down 17.5% Year to Date
06/10/2022
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 from Dealertrack, we estimate that used retail sales declined 1% in…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
1 min read
CPO Sales Improve Slightly in April, Remain Behind 2021
05/06/2022
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 country from Dealertrack, we estimate that used retail sales declined 13%…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
2 min read
CPO Sales Increase for Third Consecutive Month, Remain Off Last Year’s Pace
04/13/2022
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 year ago according to Cox Automotive estimates. The seasonally adjusted annual…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
3 min read
February CPO Sales Increase By Double Digits Month Over Month
03/11/2022
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 2021. February 2022 CPO Sales NEW-VEHICLE SHOPPERS TURN INTO CPO BUYERS…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
2 min read
CPO Sales Get Off to a Slow Start in January
02/11/2022
Certified pre-owned (CPO) sales in January fell to 166,309 units. This total is down nearly 11% from December’s 186,748 and down nearly 17% from January 2021. January’s CPO result is the lowest monthly total since April 2020. CPO sales have been in decline since having strong sales in Q2 and Q3 of 2021. January 2022 CPO Sales With record numbers of lease-holders choosing to keep, rather than return,…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
2 min read
2021 CPO Sales Narrowly Miss Record
01/14/2022
2021 certified pre-owned (CPO) sales nearly reached Cox Automotive’s forecast of 2.8 million, narrowly missing 2019's record-breaking performance by only 2.2%. With 2,748,164 units sold in 2021, CPO sales outpaced 2020 with a 5.4% increase. "We lost ground in the last part of 2021, but we are forecasting a record in 2022," said Cox Automotive Chief Economist Jonathan Smoke. "The demand is there, and CPO fits a very…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
1 min read
Certified Pre-Owned Sales Drop Below Record Level in November
12/14/2021
Certified pre-owned (CPO) sales fell to 181,079 units in November. This sales level reflects a 17% month-over-month decrease and a 3% year-over-year decrease. November CPO sales slowed for the second consecutive month, following a strong performance during the first three quarters of the year. CPO SALES With 2,561,416 units sold through November, year-to-date CPO sales are up 8% compared to the same period last year but are…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
1 min read
CPO Sales Dip Slightly in October, Outpace Year-to-Date 2019 Level
11/11/2021
Certified pre-owned (CPO) sales reached 216,957 units in October. This sales level reflects a 5% month-over-month decrease and a 7% year-over-year decrease. Despite a slowing sales pace, CPO continues its strong performance in October as an important part of the used-vehicle market recovery. CPO SALES With 2,380,337 units sold through October, year-to-date CPO sales are up 9% compared to the same period last year and up 2%…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
2 min read
CPO Sales Increase Slightly in September
10/11/2021
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 to the same period last year and up 3% compared to…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
2 min read
CPO Sales Fall in August, Barely Sustain Record Pace
09/09/2021
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 comparison to August 2019 shows that CPO sales are down 14%…
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CPO
certified pre-owned
CPO sales
Market Insights
Data Point
CAMIO
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