Although final numbers are still being sorted out, April’s used-vehicle sales likely reached a summit just a shade under 4 million, according to CNW Research, which said this would beat year-ago numbers by 3.7 percent.
The firm put out its latest Retail Automotive Summary on Wednesday, not long before many automakers were releasing monthly certified pre-owned numbers. Much like the growth in overall used numbers, the certified segments appears to have had a solid April, as well, based on early indications.
Hyundai, for example, had its strongest April ever. It moved 7,930 CPO cars for a 27.5-percent year-over-year increase. Through four months, Hyundai has sold 30,278 certified vehicles (up 26.4 percent).
At Mazda, its dealers increased April CPO sales by 13 percent, moving 3,317 units. In four months, Mazda has sold 13,533 certified vehicles for a 17-percent hike.
Porsche’s certified sales climbed 24 percent year-over-year and reached 1,021 units for April. Year-to-date, its CPO sales are at 3,656 units, a 15-percent increase.
At Ford, its CPO brands combined to move 21,911 units for April and they have sold 85,771 CPO cars year-to-date.
By brand, there were 2,187 Lincoln CPO sales in April and 8,099 so far this year.
For Ford/Mercury, those numbers were 19,724 and 77,672, respectively.
Volkswagen’s 7,922 certified sales in April were down 3.82 percent from a year ago, and its year-to-date sales are off 8.11 percent at 29,393 units.
More certified pre-owned results will be available in forthcoming editions of Auto Remarketing Today.
Going back to CNW data’s on the overall used market, the firm was expecting franchised dealers to have sold 1.41 million used units in April for a 4.7-percent upswing. It pinpointed the independent dealer total at 1.28 million, an increase of 3.9 percent.
CNW forecasted private-party sales of 1.26 million for a 2.2-percent hike.