Art Spinella
President
CNW Research
Click here to read Art Spinella’s August 2012 used vehicle sales numbers
U.S. retail used car sales for August came in at 3,867,892, a 1.5% increase from August 2011. Of that total, franchised dealers took approximately 38%, independent dealers sold 34%, and private party (casual sales) accounted for 27%.
Private Party Saw Strongest Sales Increase Since Year Ago:
Private party (casual sales) up 10.5%, franchised up 3.3%, and independents down 6.6%.
A Lot More Used-Car Shoppers Using Mobile Device for Locating a Vehicle:
About 29% of used-car shoppers did in August, up 11% from a year ago.
About 10.8 Million Consumers Shopped for a Used Vehicle in August:
Buyers making selection and purchase w/in 4.1 weeks of beginning shopping process.
