April’s gain in used vehicle sales were predicted to be light, up about 1.5%, with most of this increase coming from Private Party sales. Franchised dealers were seeing used car sales go up around 1%, while Independent dealers were remaining static. CNW Research’s Art Spinella has been predicting an increase of private party sales for several months now.
Expect the trend toward private party sales to continue for the next four months, but by the end of 2012 you can expect to see….
The trend toward lower FICO scores among used-car buyers continues – the share of sub -670 credit-score buyers increased to….
While retail asking prices were off about 0.76% vs. March, franchised dealer prices were solidly ahead of last year by nearly….
Click here to read the last Retail Automotive Summary report from CNW Research with details on franchised and independent dealer used vehicle sales…