The unit volume for retail used car sales was up mildly (0.7%) over year ago, but the prices in April were down quite a bit – 5.8%. Sales revenue is down from a year ago – lower transaction prices was the cause, according to CNW Research’s Art Spinella.
April saw a rise in sales volume of 1-to-5 year old cars as their inventories improved slightly, and the vehicle age category that saw a 6.44% increase was….
The market saw a 12% increase in the number of used-vehicle shoppers in April versus a year earlier – shoppers were up 8.83% for franchised dealers and….
Shoppers are leaving their DMA (designated marketing area) in larger numbers to make their used car purchases, and there’s two primary reasons for it….
Click here to see the sales figures for franchised and independent dealers and private party sales in the month of April…