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Major Auto Retailers See Revenue and Profits Grow from Used Car Sales

Article Summary

Used car sales have been hot late­ly for auto retail­ers, sur­pass­ing new car sales in third quar­ter earn­ings reports.

Find­ing eas­i­er cred­it and increas­ing prices seen on new car win­dow stick­ers have been dri­vers of used vehi­cle sales.

Grow­ing pop­u­lar­i­ty in CPO vehi­cles is also help­ing. Here are the lat­est results from sev­er­al large, pub­licly trad­ed deal­ers.

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