CPO Sales Continue Hitting Records – So Why Is that?

Certified pre-owned vehicle sales are still increasing in sales volume, according to Autodata Corp. For the first two months of the year, CPO sales have climbed nearly 10% from a year ago. It was the best February ever for CPO sales and strongest daily selling rate ever, following behind the best January ever; and 2012 […]

Wholesale Prices Influenced by Off-Rental Bias, Kontos Says

Tom Kontos Executive Vice President, Customer Strategies & Analytics ADESA Analytical Services Wholesale prices rose sequentially and on year-over-year basis in January partly due to influx of off-rental units that biased average prices upward; Surge of off-rental units stems in large part from vehicles taken out of service in January following extended use in Northeast […]

February Numbers Were Strong for UC Sales, Spinella Says

Art Spinella President CNW Research February was a strong month for retail used vehicle sales – the volume was up 4.53% over February 2012, with 2,082, 681 units sold compared to 1,92,423 a year ago; Franchised dealers were up 11.65%, independent dealers were up 4.43%, and private party sales slipped 2.67%. Click here for CNW […]