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A Fast Pace for CPO Sales

2015-11-05 08:42:24| AutomotiveDigest.com - Automotive Industry News

Certified pre-owned vehicles are having a very strong year at 10% ahead of last year with two months left in this year. As for October, it saw 213,615 CPO sales for the month, which beats the year-ago figure by 5.5%. CPO sales are already past two million for the year, which is the fastest sales rate ever seen in CPO sales. The Article A Fast Pace for CPO Sales appeared first on Automotive Digest.

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Editors Notebook: Independent Dealers Sue Volkswagen, CPO Sales Up 18% in Franchised Dealer Sales

2015-09-30 17:29:41| AutomotiveDigest.com - Automotive Industry News

by Jon LeSage, Editor, Used Car Market Reports Here are a few interesting remarketing news items from this week: Dealers are feeling the pinch from the Volkswagen recall over false emissions reporting on its diesel cars with dealer associations and newspapers around the country reporting VW dealers feeling caught in the middle. Were starting […] The Article Editors Notebook: Independent Dealers Sue Volkswagen, CPO Sales Up 18% in Franchised Dealer Sales appeared first on Automotive Digest.

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CPO Sales Fell for First Time Since June 2014

2015-09-03 07:34:17| AutomotiveDigest.com - Automotive Industry News

Certified pre-owned (CPO) sales fell on a year-over-year comparison for the first time since June 2014; however, year-to-date sales are still more than 10% ahead and four brands posted best-ever sales results. There were 220,416 certified sales that took place in August. That was off 1.1% from August 2014, according to a summary of CPO sales from Autodata Corp. The Article CPO Sales Fell for First Time Since June 2014 appeared first on Automotive Digest.

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Capture the Growing CPO Market with CARFAX Used Car Listings

2015-07-15 21:13:41| AutomotiveDigest.com - Automotive Industry News

Certified Pre-Owned (CPO) vehicle sales continue to skyrocket, as more consumers choose this increasingly popular option. With 2.34 million CPO cars sold in 2014 and sales up 12% this May according to CBS News, CPO sales are expected to reach record levels again in 2015. In fact, 38 manufacturer brands already have programs in place […] The Article Capture the Growing CPO Market with CARFAX Used Car Listings appeared first on Automotive Digest.

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Franchised Dealers Benefit from CPO Sales Uptick in May

2015-06-11 02:06:02| AutomotiveDigest.com - Automotive Industry News

Tom Kontos Executive VP & Chief Economist ADESA Analytical Services Wholesale used vehicle prices saw a significant drop from April (down 2.5%) and a modest climb from May 2014 prices (up 1.1%). Seasonal factors are part of it, but increasing supply is having an effect on downward prices. As for dealers, franchised saw an uptick […] The Article Franchised Dealers Benefit from CPO Sales Uptick in May appeared first on Automotive Digest.

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