Used-vehicle sales appear headed for a month well north of 3 million units, according to TrueCar, which released its February forecast Monday that called for the possibility of nearly 3.32 million used sales for the month.
That projected figure includes sales from franchised and independent dealers as well as private-party transactions. It would be a 1.5-percent year-over-year gain.
Overall, the used-car market may reach its second straight year of sales growth during 2015, which would mark the fifth time in six years that used sales have improved, according to Edmunds.com.
In its 2014 Used Vehicle Market Report, Edmunds estimated that there will likely be 36.5 million used sales in 2015, which would beat the year-ago sum of 35.91 million used sales. Edmunds’ breakdown of year-by-year used-car sales can be found below:
Year Used-Vehicle Sales