CPO car sales climb modestly in February

CARY, N.C. - 

Certified pre-owned vehicle sales edged up by 0.4 percent in February, keeping the year-to-date sum ahead of 2017 through two months of the year.

According to Autodata Corp., there were an estimated 212,116 CPO sales last month, compared to 211,225 certified sales in February 2017.

Through two months, year-to-date sales of 415,139 are up 2.7 percent from 2017.

Last month’s CPO sales were up 4.5 percent month-over-month, Autodata said.

The daily selling rate of 8,838 units in February was consistent with year-ago figures (8,801). The DSR was up nearly 9 percent from January.

Big 3 CPO sales were up 4.1 percent in February at 74,362 units, with year-to-date sales climbing a shade under 10 percent at 144,636 units.

CPO sales of Asian-brand vehicles (100,992) were down 2.9 percent in February, and year-to-date sales of 198,724 were 1.9 percent softer.

European-brand certified vehicle sales climbed 2.9 percent to 36,762 units in February, putting the year-to-date total at 71,779 (up 2.5 percent).

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