Used-Vehicle Sales Down YOY But Up From December

Cox figures seem to bode well for spring sales.
Cox figures seem to bode well for spring sales.
Dealers say 14-day guarantee helped fuel industry-rare increase.
Dealers can now get reconditioned vehicles front line-ready faster and boost sales.
Program helps connect car buyers with dealer inventory and mobile vehicle history reports.
Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
Used-car sales franchise J.D. Byrider has opened a second dealership in Richmond, Va., the sixth new J.D. Byrider franchise to open in 2015. The company now has 169 locations in 34 states.
Edmunds.com has opened registration for its Used+ used-car sales program, which offers shoppers a vehicle-protection plan and a $200 gas card. Asked if the program might lead Edmunds into F&I product sales, a spokesperson said '... It is an option we would be open to exploring.'
Sales of certified pre-owned vehicles hit an all-time high of 2.3 million units sold in 2014, according to the latest Used Vehicle Market Report from Edmunds.com.
Used-vehicle sales motivated by online ads outpaced purchases motivated by print newspapers for the first time, CNW reports. The firm also noted that private party sales showed the biggest increase in December.
Manheim's Mobile Auctions service is expanding into Canada. They feature remote participation through satellite feed and localized marketing for participating dealerships.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In