Art Spinella: February Was a Good Month for Retail Used Vehicle Sales

Feb­ru­ary was a strong month for retail used vehi­cle sales – the vol­ume was up 4.53% over Feb­ru­ary 2012, with 2,082, 681 units sold com­pared to 1,92,423 a year ago, accord­ing to Art Spinel­la, pres­i­dent of CNW Research.

Fran­chised deal­ers sold 747,534 used vehi­cles vs. 660,543 a year ago – an increase of 11.65%. Inde­pen­dent deal­ers were…

The num­ber of used car shop­pers was slight­ly low­er this year com­pared to one year ago. This year, the num­ber was at…

The num­ber of sub-prime buy­ers soared 53.2% in Feb­ru­ary vs. a year ago. Those with FICO scores under 550 were up by…

Click here to read more about February’s retail used vehi­cle sales, includ­ing details on now pri­vate par­ty sales per­formed…

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