FI showroom red and grey logo
MenuMENU
SearchSEARCH

Used Sales Climb 1.4% vs. a Year Ago

Franchised dealers are set to sell more than 1.24 million used vehicles this month, a gain of nearly 9% vs. a year ago, according to data from CNW Research.

by Staff
December 17, 2013
2 min to read


BANDON, Ore. — Countering a 9.4% decline in private party sales of used vehicles were franchised and independent dealers, who are scoring solid gains so far in December, CNW Research noted this week.

Franchised dealer are set to sell more than 1.24 million used vehicles this month, a gain of nearly 9% vs. a year ago. Leading the way are trucks sales, which accounted for more than half of that gain.

Ad Loading...

“Women are returning to the used-car market [like they are in the new-vehicle market],” CNW’s Art Spinella wrote in his company’s monthly enewsletter. “In 2007, 53 percent of used sales were sold to or for a female primary driver. In the recession, that slipped to under 40 percent. This year, nearly 46 percent of used sales were for a woman driver.”

CNW also noted an increase in pent-up demand for used vehicles, with early December data showing a 9% increase in the number of people who said they plan to buy a used car or truck soon.

“The desire and/or need for buying a used vehicle continues to build the basis for future sales,” Spinella noted. “The fourth quarter saw an 8% increase in potential future customers. The number of months these consumers say they are away from an acquisition fell by 24% to 2.2 months in December, clearly indicating a good start to the 2014 used-sales month.

“Of those who postponed an acquisition earlier this year, 93% have made a used purchase.”

More F&I

Photo of notepad and pen next to computer keyboard on desktop
F&IApril 13, 2026

Control in Sales Is an Illusion

Some of it should be given to the customer, but that doesn’t mean the F&I office relinquishes the process. In fact, a different approach both builds trust and boosts sales.

Read More →
Photo of external keyboard on office deak next to window
F&IApril 7, 2026

The Limited Warranty Game

Bringing it in-house benefits the dealership and its customers.

Read More →
Woman in casual clothing sitting at a desk
F&Iby Rick McCormickMarch 31, 2026

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

Read More →
Ad Loading...
Photo of man's hand on laptop computer keyboard with blank screen
F&IMarch 16, 2026

There Is Always one More Product

Helping F&I customers understand complementary offerings is likely to lead to more sales, based on the success of a high-performing practitioner of the philosophy.

Read More →
REGISTER FOR EFI 2026
F&Iby Kate SpataforaMarch 16, 2026

EFI Conference Extends Early Bird Discount as Room Block Nears Capacity

Ethical F&I Manager's Conference will take place at The Cosmopolitan Las Vegas on April 13–15, 2026.

Read More →
Industryby StaffMarch 6, 2026

Explore the 12 Rules for an F&I Life at EFI

EFI 2026 will take place April 13–15 at The Cosmopolitan Las Vegas.

Read More →
Ad Loading...
F&IMarch 4, 2026

Creating Your Own Economy

In this video, Reese Dailey explains how effective follow-up drives better results across the dealership, including increased sales, higher F&I penetration, and stronger customer retention.

Read More →
Industryby StaffMarch 2, 2026

Prove You Can Do F&I at EFI

‘So You Think You Can Do F&I’ is a live role-play contest taking place at the 2026 Ethical F&I Managers Conference.

Read More →
Image of two human hands, one holding the word yes, the other the word no
F&Iby Hannah MitchellMarch 1, 2026

Expect Yes in the F&I Office

It may be human nature to back off when a customer seems to say no to a product or service. But experts say F&I managers should operate as though the answer will be the opposite.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →