CPO sales take steep fall in April, but segment still important for market

Ben Bartosch of J.D. Power Valuation Services, who said "dealers should be making every effort to secure CPO eligible vehicles given the significantly fewer days-to-turn, higher profit margins, and stronger captive (penetration)." Photo via J.D. Power.

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CARY, N.C. -

The decline in the certified pre-owned vehicle market escalated in April, but bright spots are emerging, according to data and analysis provided by J.D. Power Valuation Services. Still, the year-to-date decline in CPO sales after April is more than double what it was just a month earlier, the company said. There were approximately 128,000 CPO sales […]

CPO sales take steep fall in April, but segment still important for market

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