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…
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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…
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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…
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December CPO Sales Rise, 2022 Totals Hit Forecast
01/12/2023
Certified pre-owned (CPO) sales in December rose 13.6%, nearly 27,000 units, from November to finish at 225,241. This total is up 20.6%, or nearly 40,000 units from December 2021. CPO sales finished 2022 at nearly 2.47 million units, a decline of nearly 280,000 units, or 10.2% from 2021 CPO sales. December CPO Sales Leveraging a same-store set of dealerships selected to represent the country from Dealertrack, we…
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November CPO Sales Up Year Over Year, Remain on Pace to Hit Year-End Target
12/13/2022
Certified pre-owned (CPO) sales in November fell 4.4%, just over 9,000 units, from October to finish at 198,313. However, this total is up more than 17,000 units from November 2021. Year to date, CPO sales are down over 318,000 units, or 12.4%, compared to the same time last year. Cox Automotive expects CPO sales to finish near 2.45 million for 2022, an 11% decline from 2021.…
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