Impressive CPO Results Continue for Imports
2011 Mazda6. Mazda was one of several brands posting best-ever CPO sales results last month.
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WOODCLIFF LAKE, N.J. –
Like their domestic counterparts, the majority of Asian and European brands are posting stronger certified pre-owned sales numbers — including several who just posted their respective best months ever for CPO.
Overall, certified sales for Asian brands were fairly static year-over-year in August (down 0.4 percent at 102,154 units), according to numbers from Autodata Corp.; however, year-to-date, they’re up 3.4 percent with 735,732 certified vehicles sold.
European brands sold 42,603 CPO vehicles last month, up 29.9 percent from August 2013, Autodata indicated.
Through eight months, they have sold 275,418 certified vehicles this year (up 15.2 percent).
Regarding those record-breakers, a recap is below and can also be found here:
Kia had its best-ever month for CPO, selling 4,883 units in August. This marked a 36.83-percent increase.
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Hyundai, which also posted its strongest certified sales month of all time, sold 9,254 CPO units in August for a 26.7-percent year-over-year hike.
Mazda sold 4,469 certified vehicles during August, marking a 22-percent increase. This was Mazda’s best-ever CPO sales total, says manager of CPO and remarketing Roger Basa, who indicated that “CPO Inventory levels are at historic all-time highs.”
Over at BMW Group in the U.S., the company is reporting the best August ever for its BMW brand’s used-vehicle sales (which include CPO and non-CPO used) as well as an all-time high for the MINI’s used sales (again, CPO and non-CPO combined). Those totals: BMW at 19,318 units and MINI at 2,561.