Wednesday, May 10, 2017

Certified used vehicle sales continue moderate growth

Certified used vehicle sales continue moderate growth

WOODCLIFF LAKE, N.J. — Certified pre-owned vehicle sales were up modestly in April, as the first third of the year wraps up slightly ahead of the 2016 pace.

According to Autodata Corp., there were 234,493 CPO sales last month, beating year-ago figures by 0.7 percent. That pushes the year-to-date sum to 881,881 sales, a 0.3-percent increase.

This follows a particularly strong March, a month where Autodata determined the industry turned the second-highest amount of CPO units ever and four automakers posted new all-time highs for monthly CPO sales.