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CPO sales up 2% in first half of year, but June shows steep drop
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CPO sales up 2% in first half of year, but June shows steep drop
The certified pre-owned market closed the first half of the year up roughly 2% from 2024, but the final month of the first half was a tough one — though that was expected. Citing its analysis of Motor Intelligence data, Cox Automotive said there were 200,950 CPO sales in June, which is down 3.7% year-over-year and off 13.1% from May. Certified pre-owned had a 13.7% share of used cars sold by dealers, Cox said. “The decrease in CPO sales was exp…
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