Year-over-year sales of certified pre-owned vehicles fell 2.4% in June, marking the first decline in CPO volume since December 2012, according to Autodata Corp. Sales were down 12.4% month-over-month. In all, 181,100 certified vehicles were sold in June, bringing six-month volume to 1.13 million, or 8.3% higher than at midyear 2013.
Several automakers reported a lift in June CPO sales, including Kia, which had a record month with 36% growth, and BMW, which saw a 24% rise in sales. Preliminary fi gures in July indicate a rise in sales.