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Up both month-over-month and year-over-year in surprise turn.
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Early figures show about 10% drop, but there was a late-year surge.
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Certified pre-owned sales fell over 11% year-over-year in September and are off 5% since August, finds a Cox Automotive analysis of Motor Intelligence data.
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The report, based on Cox’s analysis of Motor Intelligence data, reported 211,609 CPO sales in August.
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The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.
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All four of our currently available data points suggest that a dealer cannot charge a consumer for a CPO warranty at the point of sale.
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Autotrader announced the 2020 Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO is a perfect option for a cheaper vehicle that has a manufacturer-backed warranty.
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The expanded role is designed to boost customer retention at certified dealerships. Now, all Nissan and Infiniti CPO buyers get enrolled in the free myCarfax service so they can receive service and recall alerts from Carfax.
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