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

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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