Used Cars

CPO sales poised for another record in '17

Webb: Modest growth is likely.
January 30, 2017 05:00 AM
CPO? What's that?

Here are consumers' responses when asked, "How familiar are you with manufacturer certified pre-owned programs?"

CONSUMER SEGMENTTHOSE WHO REPLIED "NOT AT ALL" OR "SLIGHTLY FAMILIAR"
Men40%
Women60%
Age 
18-3450%
35-5442%
55-7440%
All ages42%

Source:J.D. Power and Associates survey; 3,090 respondents

Certified pre-owned vehicle sales are poised to set a seventh consecutive record in 2017, fueled by a glut of off-lease vehicles returning to the market.

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