Top 10 Markets for Used Sales
The Big Apple is tops when it comes to used-car sales by independent dealers and between private parties, but the crown for most used sales by franchised dealers is actually claimed by the nation’s second-largest city, according to CNW Research.
Los Angeles was No. 1 on CNW’s list of top 10 DMAs for used units sold by franchised dealers in 2012, followed by New York in second and the San Francisco-Oakland-San Jose, Calif. market in third.
New York topped the lists for both independent dealer and private-party used-car sales, while LA was No. 2 on each of those lists.
Interestingly enough, the Seattle-Tacoma, Wash. DMA was fourth for private-party sales, but didn’t make either of the dealer top 10 lists.
All told, when franchised, independent and private-party sales are combined, the overall leader was New York, followed by LA and Chicago, respectively.
CNW’s data outlining each of the top 10 lists — based on 2012 full-year used sales — is below:
Top 10 DMAs – Units Sold – Independents
1. New York: 1,251,894
2. Los Angeles: 848,787
3. San Francisco-Oakland-San Jose, Calif.: 479,666
4. Chicago: 434,225
5. Philadelphia: 391,653
6. Dallas-Fort Worth, Texas: 307,245
7. Houston: 291,353
8. Atlanta: 284,823
9. Boston (Manchester, N.H.): 278,848
10. Detroit: 267,682
Top 10 DMAs – Units Sold – Franchised
1. Los Angeles: 1,025,646
2. New York: 744,795
3. San Francisco-Oakland-San Jose, Calif.: 614,377
4. Chicago: 540,306
5. Philadelphia: 480,341
6. Washington, D.C. (Hagerstown, Md.): 448,816
7. Dallas-Fort Worth, Texas: 411,715
8. Atlanta: 365,026
9. Houston: 308,504
10. Detroit: 298,600
Top 10 DMAs – Units Sold – Private-Party
1. New York: 609,736
2. Los Angeles: 567,596
3. Chicago: 489,556
4. Seattle-Tacoma, Wash.: 359,677
5. Dallas-Fort Worth, Texas: 355,116
6. San Francisco-Oakland-San Jose, Calif.: 343,129
7. Atlanta: 306,493
8. Houston: 269,155
9. Washington, D.C. (Hagerstown, Md.): 219,535
10. Miami-Ft. Lauderdale, Fla.: 211,659
Top 10 DMAs – Units Sold – Total Used Sales
1. New York: 2,606,426
2. Los Angeles: 2,442,030
3. Chicago: 1,464,088
4. San Francisco-Oakland-San Jose, Calif.: 1,437,173
5. Dallas-Fort Worth, Texas: 1,074,076
6. Philadelphia: 1,064,556
7. Atlanta: 956,342
8. Washington, D.C. (Hagerstown, Md.): 930,008
9. Houston: 869,013
10. Seattle-Tacoma, Wash.: 837,893
Joe Overby can be reached at joverby@autoremarketing.com. Continue the conversation with Auto Remarketing on both LinkedIn and Twitter.