CARY, N.C. –

Though initial projections for April’s used-car sales total vary a bit, it appears the market should well exceed 3 million units sold for the month.

TrueCar is forecasting just over 3.4 million used sales for April, with a new-to-used ratio of approximately 1-to-2.5. 

Meanwhile, over at Edmunds.com, analysts are projecting 3.08 million used-car sales this month. That would results in a used SAAR of 35.4 million. In March, Edmunds indicates there were 3.43 million used sales with a SAAR of 34.9 million.

These projections arrived around the same time that the publicly traded dealership groups were issuing their performance reports from the first quarter.

Below is a rundown of how their retail used-vehicle sales fared in Q1, according to their respective earnings releases:

AutoNation
Q1 Retail Used-Vehicle Unit Sales: 52,136
Year-Over-Year Change: Up 3.2 percent

Sonic Automotive
Q1 Retail Used-Vehicle Unit Sales: 27,657
Year-Over-Year Change: Up 4.5 percent

Asbury Automotive Group
Q1 Retail Used-Vehicle Unit Sales: 18,503
Year-Over-Year Change: Up 13.2 percent

Group 1 Automotive
Q1 Retail Used-Vehicle Unit Sales: 26,877*                       
Year-Over-Year Change: Up 15.7 percent*
*Note: Includes international and U.S. results

Penske Automotive Group
Q1 Retail Used-Vehicle Unit Sales: 45,370*
Year-Over-Year Change: Up 14.8 percent*
*Note: Includes international and U.S. results

Lithia Motors
Q1 Retail Used-Vehicle Unit Sales: 16,316     
Year-Over-Year Change: Up 19.4 percent