Retail car sales guru Art Spinella says that the year closed out well for Franchised and Independent dealers in used vehicle sales. It hit 40 million units for the first time since 2007, a 4.5% gain over last years 38.8 million.
Franchised dealers had a very good year sales were up from than 8%, while Independents saw a more modest gain of
Franchised dealers saw used sales reaching 15 million units for the year, a million more than Independents, while Private Party saw
Used car prices were off for dealers in December versus November, but Franchised and Independent dealers made up for it through
Click here to find out about the used-car days supply and other important factors for dealers seeing a strong year in used vehicle salesThe Article Art Spinella on How the Year Wrapped Up for Retail Used Vehicle Sales appeared first on AIN Media.