CPO car sales pass 2.4 million units
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WOODCLIFF LAKE, N.J. –
Certified pre-owned vehicle sales in November were steady with year-ago figures, and year-to-date numbers remained slightly above the pace from 2016.
According to Autodata Corp., CPO sales climbed 0.1 percent year-over-year, reaching 202,824 units for the month.
Through 11 months, there have been 2.42 million certified sales, which is 0.6 percent stronger than year-ago figures.
Domestics showed the most year-over-year strength in November, increasing their CPO sales 6.9 percent to 69,786 units, Autodata said. Through 11 months, Big 3 CPO sales are up 1.1 percent at 834,112 units sold.
Certified sales for Asian brands dipped 2.7 percent in November, as they sold 99,261 vehicles. For the year, they are down 0.5 percent at 1.18 million sold.
European-brand CPO sales dipped 4 percent in November, with 33,777 CPO vehicles sold. Through 11 months, they are up 2.5 percent at 409,686 units sold.
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Of note on the European side, Porsche had its best-ever month for certified, selling 1,749 CPO units in November (up 23.5 percent), according to Autodata.