Retail Used Vehicle Sales Saw Strong November Results, Spinella Says

Art Spinel­la
CNW Research

Total val­ue for Novem­ber, exclud­ing after­mar­ket prod­ucts and fees, was $27B, with an aver­age trans­ac­tion price of $9,111; In Novem­ber of 2011, total val­ue was $23.8B on a trans­ac­tion price of $9,212.

Click here to view CNW Research’s analy­sis of Novem­ber retail UV sales

Used Vehi­cle Sales in Novem­ber Hit 2.98M Units:
Very strong year – up 14.6% vs year ago’s 2.59M.

Cars Con­tin­ue to Increase their Share of Total Used Sales:
Up to 53.9% in Novem­ber vs. year ago’s 53.4%.

Shop­pers Going Out of their Local Mar­ket in Increas­ing Num­bers:
With 17% buy­ing a vehi­cle out­side of their local deal­ers’ mar­ket­ing area.



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