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Pre-Owned Vehicle Sales At Franchised Dealerships Approach 3 Million In 2017 Second Quarter

Sep 26, 2017

Used Vehicle sales for the second quarter of 2017 broke 10 million vehicles nationally, according to Edmunds’ latest Used Vehicle Market Report, with 2.95 million of them sold by franchised dealerships.

The number of certified pre-owned (CPO) vehicles sold at franchised dealerships was nearly 700,000, up 1.4% compared to the same period in 2016. In the second quarter, nearly one of every four used vehicle sales at a franchised dealership was a CPO vehicle. CPO sales from January through August totaled nearly 1.8 million, up .3% from the same time period in 2016.