42 Million-Plus Used Sales in 2014

BANDON, Ore. - 

Last year was a steady and productive one in the used-car market: there were more than 42 million used vehicles sold in 2014, up just a hair from 2013.

Specifically, CNW Research said in its latest analysis that there were 42.05 million used-car sales in 2014, a figure that includes sales by franchised and independent dealers as well as direct lenders.

This compares to 42.00 million sales a year earlier.

The year closed with 3.32 million used sales in December, compared to 3.28 million used sales in December 2013.

For full-year 2014, franchised dealers had 15.63 million used sales, down from 15.69 million a year earlier. Independents sold 13.93 million pre-owned vehicles, versus 14.29 million in 2013.

There were 12.49 million private-party sales last year, up from 12.02 million sales the prior year.

 

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