Certified Pre-Owned (CPO) | Cox Automotive Inc.

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

CPO certified pre-owned CPO sales Market Insights Data Point

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

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

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

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

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

CPO Sales Up Slightly in February 03/15/2021 Sales of certified pre-owned (CPO) vehicles declined 12% year over year in February but were up 4% month over month compared to softer sales in January. In February, 209,744 CPO units were sold. The CPO market has been one of the strongest performing segments within the auto retail market despite the ongoing pandemic. Going into 2021, we expect the CPO market to resume its consistent performance of… Read Article

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

Despite Slow January, 2021 CPO Sales Expected to Rebound to Pre-Pandemic Level 02/12/2021 Sales of certified pre-owned (CPO) vehicles declined 7% year over year in January, down from last year's level which was the highest January CPO sales in a decade. For January, 201,023 CPO units were sold, down 13% month over month compared to the seasonally strong CPO sales in December. Click image to enlarge. The CPO market has been one of the strongest performing segments within the… Read Article

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

CPO Sales Up 24% in December and End Year Down 7% 01/15/2021 Sales of certified pre-owned (CPO) vehicles declined 2% year over year in December and were up 24% month over month compared to November, reflecting a normalizing market coming off of a resilient performance in the summer and fall months. For December, 231,042 CPO units were sold. The CPO market has been one of the strongest performing segments within the auto retail market despite the ongoing pandemic. The… Read Article

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

CPO Sales Drop 20% in November 12/10/2020 Sales of certified pre-owned (CPO) vehicles declined 21% year over year in November with 3 less selling days and were down 20% month over month compared to October, reflecting a normalizing market coming off of a resilient performance in the summer and fall months. For November, 186,861 CPO units were sold. The CPO market has been one of the strongest performing segments within the auto retail… Read Article

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