CPO Sales Drop 17.5% YTD in May
May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
June 17, 2022
May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
June 17, 2022
Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
May 19, 2022
The overall used-vehicle market is experiencing a weaker spring than expected
May 9, 2022
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
But they remain off last year's pace because limited new-vehicle inventory has slowed the gently used segment due to fewer trade-ins.
April 15, 2022
At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
April 15, 2022
The second quarter – especially April – will be the strongest part of the year for used vehicle sales and values, and then slow down but not crash.
April 8, 2022
On a month-over-month basis, all major segments saw seasonally adjusted price declines, with pickups declining the most.
April 7, 2022
Seasonally adjusted rates point to an inventory mix with more newer vehicles, which means fewer affordable options.
March 18, 2022
Cox Automotive is forecasting a strong year for CPO at three million units, an increase year over year and above the record set in 2019.
March 17, 2022
Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
February 23, 2022
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
January 10, 2022
Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022
January 7, 2022
Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
December 15, 2021
Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
December 7, 2021
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