Best-Ever February for CPO Sales
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WOODCLIFF LAKE, N.J. –
Last month was the best February ever for certified pre-owned sales, and one automaker reported its best month of all time (February or otherwise).
Sharing final certified pre-owned sales numbers on Thursday morning, Autodata Corp. provided these statistics and an updated CPO figure.
The firm said there were 197,540 certified sales for the month, which was good enough to be the strongest February on record and a 10.3-percent year-over-year improvement.
Autodata pinpointed the daily CPO sales rate at 8,231. This was the second-best rate of all time.
Through two months, there have been 392,405 CPO sales, a 13.6-percent improvement.
As far as individual automakers, Fiat Chrysler Automobiles had its best month ever, Autodata said.
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The Chrysler, Dodge and Jeep brands combined to move 14,357 certified vehicles in February for a 24.8-percent year-over-year gain.
With Fiat sales included, their sales were at 14,416 units, a 25.0-percent hike.