Used car sales had unpredicted surge in volume in late month through franchised and private party channels; market was up 2.45% to 4,489,731 units sold. Private party sales were down from a year ago by 0.46%, and franchised dealers (up 3.35%) and independent dealers (up 3.82%) went in other direction. Prices didn’t have similar experience as volume and slipped from last year.
Click here to read CNW Research’s report on June sales
CNW Research on June 2013 Retail Used Vehicle Sales
Ricky Beggs Senior VP and Editorial Director Black Book Car and truck segments recently experienced depreciation levels of -.3% to -.4% per week; trucks saw better retention most of 1st half of year; has reversed in past few weeks. Beggs’ report also honored Tom Cross, President of Black Book, for being selected as the newest […]