icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

Data Point

Despite Small Drop in June, CPO Sales Continue Record-Setting Pace


Facebook Share Twitter Tweet Linkedin Share Email Email

Sales of certified pre-owned (CPO) vehicles decreased 0.09% in June compared to June 2018 and were down 4.4% compared to May. For the month, 240,844 CPO units were sold. This brings the total number of CPO units sold in 2019 to 1,403,285, up 1.3% year to date versus 2018.

Even with the decrease in June, overall sales of certified pre-owned vehicles in Q2 2019 increased 2.1% compared to Q2 2018. This year CPO sales are growing at a comfortable pace above 2018’s record-setting performance. Favorable supply of vehicles entering the market will continue to support used retail sales.

Read interesting trends about CPO buyers in the 2019 Car Buyer Journey Study.

Sign up here to receive bi-weekly updates on news and trends dominating the automotive industry.