Pre-owned vehicles sales are heating up in second quarter of 2017, particularly in May, Jim Woodruff, chief operating officer at National Powersport Auctions said during Powersports Business’ State of the Industry webinar yesterday. While it is hard to pinpoint why pre-owned vehicles are “hot,” the likely attribution is due — in part — to the warm weather, he added.
Pre-owned demand is outpacing prior years, and “many dealers reported needing more inventory,” Wooodruff said.