CPO sales Archives

2021 CPO Sales Narrowly Miss Record 01/14/2022 2021 certified pre-owned (CPO) sales 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 important… Read Article

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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… Read Article

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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%… Read Article

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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… Read Article

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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%… Read Article

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CPO Sales Increase in July, Continue to Outpace Pre-Pandemic Level 08/12/2021 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 Sales Click image to enlarge. With 1,712,320 CPO units sold through… Read Article

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CPO Sales Beat Record 2019 Level in First Half 07/14/2021 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 programs slowed consumer spending growth overall and record vehicle prices took… Read Article

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CPO Sales Up Month over Month in May, On Record-Setting Pace 06/11/2021 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 and are above the same period in 2019 when 977,333 units… Read Article

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CPO Sales in April Outshine Strong Used-Vehicle Market 05/13/2021 Coming down from a record-breaking month in March, the certified pre-owned (CPO) market still performed well with 259,242 CPO units sold in April, a 9% month-over-month decrease but a 104% year-over-year increase. CPO sales in April 2021 outperformed the same month in 2019 by 25,702 units. Year-to-date CPO sales are up 29% versus the same time in 2020, with 956,070 CPO units sold through April. For… Read Article

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March CPO Sales Reach Historic High 04/14/2021 The certified pre-owned (CPO) market had a record-breaking month in March by setting a historic high. For March, 286,061 CPO units were sold, beating the last record high set in March 2019 of 265,878 units. Sales of CPO vehicles increased 80% year over year in March and ended up 36% month over month compared to February. This year CPO sales are up 14% in Q1 versus… Read Article

CPO certified pre-owned CPO sales Market Insights Data Point CAMIO