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

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

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

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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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CPO Sales Increase in October, Reversing Negative Trend 11/13/2020 Sales of certified pre-owned (CPO) vehicles increased 1% year over year in October and were up 4% month over month compared to September, reversing a negative trend of three consecutive months of decreasing sales. For October, 233,514 CPO units were sold. The CPO market has been one of the strongest performing segments within the auto retail market. Consumer demand has improved from the peak of COVID-19… Read Article

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CPO Sales Drop for Third Consecutive Month, Remain Down 7% Overall 10/15/2020 Sales of certified pre-owned (CPO) vehicles increased nearly 10% year over year in September but were down 6% month over month compared to August. For September, 224,536 CPO units were sold. The CPO market has been one of the strongest performing segments within the auto retail market. Consumer demand has improved from the peak of COVID-19 in April. CPO sales are down 7% year to date… Read Article

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Virus Set to Snap CPO Sales Streak in 2020 10/05/2020 Automotive News, Oct. 5, 2020 – After nine straight years of setting records, sales of certified pre-owned vehicles are set to decline in 2020. Blame the coronavirus pandemic. CPO sales took a hit in the spring when many dealerships were shut down for several weeks and shoppers stayed home on government orders. While the numbers have since rebounded, total CPO sales in the U.S. fell 8.8… Read Article

CPO certified pre-owned News Coverage

CPO Sales Drop in August, Remain Down 9% Overall 09/15/2020 Sales of certified pre-owned (CPO) vehicles decreased 9% year over year in August and were down 6% month over month compared to July. For August, 238,498 CPO units were sold. CPO sales were on the rise for the past two months. Reflecting huge decreases in March and April and the impact of COVID-19, CPO sales are down 9% year to date versus the same time in… Read Article

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CPO Sales Beat Year-Ago Levels Again in July, Remain Down 9% Overall 08/17/2020 Sales of certified pre-owned (CPO) vehicles increased 8% year over year in July but were down 3% month over month compared to June. For July, 254,982 CPO units were sold. CPO sales were on a record-setting pace the first two months of the year before COVID-19 put the brakes on auto sales. Reflecting huge decreases in March and April, CPO sales are down 9% year to… Read Article

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June CPO Sales Beat Year-Ago Level 07/15/2020 Sales of certified pre-owned (CPO) vehicles increased 9% year over year in June and were up 10% month over month compared to May. For June, 261,586 CPO units were sold. CPO sales were on a record-setting pace the first two months of the year before COVID-19 put the brakes on auto sales. Reflecting huge decreases in March and April, CPO sales are down 11.7% for the… Read Article

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CPO Sales Roar Back From Large Drops In March And April 06/04/2020 Sales of certified pre-owned (CPO) vehicles decreased 6% year over year in May but were up 87% month over month compared to April. For May, 237,495 CPO units were sold. CPO sales were on a record-setting pace the first two months of the year before COVID-19 put the brakes on auto sales. Reflecting huge decreases in March and April, CPO sales are down 15.9% so far this… Read Article

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