Art Spinella
President
CNW Research
Casual, private party sales is taking second place behind Franchised dealers and ahead of Independents for June. Its running 22% higher than year ago, and has sold about 6.5M units so far this year, up 8.8% from 1st half of 2012. June is seeing used car sales reach about 4.42 units sold overall, for a solid month.
Click here for the latest Retail Automotive Summary
Independent Dealers Down 7% from Year Ago but Full-Year Total about Same:
Franchised down 7.6% from year ago – full month looking like 1.56M units sold.
Smallest Used-Car Independent and Franchised Dealers Taking Brunt of Decline:
Large and medium-large dealers seeing sales go up 2% to 4% this month.
Used Car Sales Going toward 41M for Year, Peaking at 43.5M in 2016:
Private party will continue to climb and reach 31% by 2020, CNW projects.
