March is best-ever CPO month for industry & several programs
2012 Hyundai Sonata. Hyundai was one of several automakers to post best-ever CPO sales in March.
The certified pre-owned market was a popular topic during press conferences at the NADA Convention & Expo and in on-site interviews throughout the show.
The news that came out Monday afternoon further cements why: CPO sales have never been higher than they were last month.
According to Autodata Corp., there were 243,957 certified sales in March, which is an all-time high.
It’s also more than 11,000 units higher than the prior best-ever sum of 232,511, which was set in May. March CPO sales were also up 9.6 percent year-over-year and 15.4 percent from February, Autodata said.
The daily sales rate was 9,035 units, which was the highest ever, Autodata said.
On a brand level, setting best-ever CPO sales records were FCA, Ford Motor, Hyundai, Infiniti, Kia, Lexus, Nissan, Subaru and Toyota.
