Quarterly CPO Sales Hit All-Time High

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WOODCLIFF LAKE, N.J. –
Last month’s certified pre-owned sales figure narrowly missed the all-time record set in August, but March ended up completing what was the best quarter ever for the CPO market, according to Autodata Corp.
Not to mention, the daily sales rate in March (8,883) was the strongest ever recorded in a month, Autodata said, and six all-time monthly CPO sales records were reported: Chrysler, Kia, Infiniti, Maserati, Nissan and Subaru.
Overall, there were 222,075 CPO sales in March, according to the firm.
This marked a 7.6-percent year-over-year increase and was only 690 units fewer than the best-ever sum reached last summer.
March’s total pushed the first-quarter sales figure to 614,450 units, an 11.4-percent improvement and the best quarter of all time.