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certified pre-owned vehicles

CPO Sales Up But Have Room to Run

Cox says expanded eligibility results not yet fully manifested.

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CPO Sales To See Double-Digit Percentage Decline in 2022

The report, based on Cox’s analysis of Motor Intelligence data, reported 211,609 CPO sales in August.

Vero Partners with Allied Solutions on New VSC Program for Independents

The Dealership Advantage Program is a vehicle merchandising and protection package designed to help dealers present fresher, more appealing inventory and deliver a better customer experience.

Maserati Rolls Out CPO Program

The new offering places two years of unlimited mileage warranty coverage on the hoods of all vehicles sold under the Officine Maserati Certified Pre-Owned program. Buyers also get a free three-month trial of SiriusXM.

Kontos: January Wholesale Prices Rise 6.7% YOY

Wholesale used-vehicle prices in January averaged $10,945, a 6.7% increase from a year ago and a 2.8% rise from the prior month, according to ADESA Analytical Services.

Kontos: Wholesale Values Flat in September

Particularly hard hit in September were mid-size cars, while the luxury car segment experienced a nice bounce in its average wholesale price, according to ADESA Chief Economist Tom Kontos. Mini-vans also experienced solid price growth during the month.

Certified Pre-Owned Sales Post Best Q3 Performance, Edmunds Reports

The number of consumers willing to pay a premium for the benefits of a certified pre-owned vehicle is growing, Edmunds reported this week. Between July and September, certified pre-owned vehicles accounted for 22% of used-car purchases at franchise dealerships -- the largest share of any third quarter.

Used-Car Prices Hit Record High in Second Quarter, Edmunds Reports

Shoppers were increasingly drawn to “near-new” used vehicles with higher price tags in the second quarter, with the average price of a used car increasing 8% from last year, according to Edmunds.

Motor Trend Certifies Indiana Dealer

Town & Country Ford has become the exclusive Motor Trend Certified Dealer in Evansville, Ind.

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Motor Trend Certifies Massachusetts Dealer

As of April 17, First Acura has become the exclusive Motor Trend-certified dealer in Seekonk, Mass.

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