Art Spinella on Retail Used Vehicle Sales and Where Private Party Sales are Going

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Feb­ru­ary had a small increase in retail used vehi­cle sales, and it’s a decent show­ing given the strength of the used-car mar­ket a year ago and the extra day in the month dur­ing the leap year, said CNW Research’s Art Spinella.

Pri­vate party sales con­tinue to be weaker than deal­ers, and fran­chised and inde­pen­dent deal­ers were run­ning close in num­bers at…

Deal­ers are skim­ming the cream of the crop, leav­ing less desir­able units for pri­vate party sales, how­ever CNW Research expects that to change in…

Used vehi­cle prices con­tin­ued to be weak, and for per­cent­age of ask­ing price, fran­chised and inde­pen­dents were only getting…

Click here to get these ques­tions answered and to gain access to the com­plete Feb­ru­ary edi­tion of Retail Auto­mo­tive Summary…

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