Used Sales Surge
May deliveries hit two-year-plus high as volume trims a little off supply.
May deliveries hit two-year-plus high as volume trims a little off supply.
But year-over-year volume down on high borrowing rates, rough winter.
Online-focused offerings target young, first-time buyers.
Cox says their sales fell 10% month-over-month, though they’re still outdoing overall used market for the year.
Cox says expanded eligibility results not yet fully manifested.
August shows they’re leading used deliveries at a measured pace.
Segment doing better than thought, though overall used sales SAAR ended the month down Y-O-Y.
Modest increase still less than normally seen during spring selling season.
Dealer strategy shifts are bearing fruit, finds Cox Automotive's most recent report.
Up both month-over-month and year-over-year in surprise turn.
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