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Edmunds Expects CPO Popularity to Continue this Year

2015-02-26 02:22:25| AutomotiveDigest.com - Automotive Industry News

Jessica Caldwell Senior Analyst Edmunds.com The larger supply of used vehicles in the marketplace hasnt yet been enough to offset prices, which generated record high average used vehicle values. Dealers saw an average of $16,800 in used vehicle sales last year versus $15,900 in 2013. Certified pre-owned (CPO) vehicles had a very strong year […] The Article Edmunds Expects CPO Popularity to Continue this Year appeared first on Automotive Digest.

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AutoTrader Forecasts 9 Million Potential CPO Vehicles at NADA 2015

2015-01-29 19:02:38| AutomotiveDigest.com - Automotive Industry News

Why certified pre-owned vehicles will present a strong opportunity over the next two years for retailers. The Article AutoTrader Forecasts 9 Million Potential CPO Vehicles at NADA 2015 appeared first on Automotive Digest.

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Off-Rental is a Tough Channel for Building CPO Inventory

2015-01-22 07:43:25| AutomotiveDigest.com - Automotive Industry News

Off-lease vehicles are going heavily into certified pre-owned vehicles. What about off-rental? A CPO study released by AutoTrader.com found several factors at play between CPO sales and off-rental volume, and that a good deal of work still needs to be done. One challenge is that off-rental cars end up in the hands of independent dealers, which keeps them out of traditional manufacturer certification programs, at least temporarily. The Article Off-Rental is a Tough Channel for Building CPO Inventory appeared first on Automotive Digest.

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CPO Sales Increase as Dealers and Car Shoppers Access Used Car Listings and Reports

2015-01-07 19:07:19| AutomotiveDigest.com - Automotive Industry News

It wasnt long ago that automakers and dealers wondered if certified pre-owned (CPO) vehicle sales would take off, with car shoppers being willing to pay more than for that same non-certified used vehicle on their dealer lots. There was also concern about the vehicle safety and reliability inspection being accurate and trustworthy. The latest report […] The Article CPO Sales Increase as Dealers and Car Shoppers Access Used Car Listings and Reports appeared first on Automotive Digest.

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GM Brings in New CPO Manager

2014-12-18 01:49:06| AutomotiveDigest.com - Automotive Industry News

Todd Brown has been named manager of certified pre-owned vehicles for General Motors Corp. Brown, who previously served as marketing manager for the Cadillac Escalade and SRX, will be replacing Larry Pryg as CPO manager. Pryg is now serving as Global On-Star marketing manager. The Article GM Brings in New CPO Manager appeared first on Automotive Digest.

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