CARY, N.C. -

While still currently an estimate, it appears that the used-vehicle market eclipsed 40.4 million sales in 2019, according to Edmunds, whose projected pre-owned tally would be up from 40.2 million used-car sales in 2018.

Specifically, Edmunds estimates that there were 40,415,175 used sales last year, continuing a long line of annual gains in the used-car market.

Below is data showing used-car sales from the past six years, including the estimate for 2019, courtesy of Edmunds:

  • 2014: 36,241,800
  • 2015: 37,254,854
  • 2016: 38,602,466
  • 2017: 39,203,694
  • 2018: 40,232,959
  • 2019: 40,415,175

Over at ALG, analysts were projecting in late December that there would be 3.06 million used-vehicle sales for the month, beating December 2018 figures by 9%.

ALG was predicting 9.51 million used-vehicle sales for the fourth quarter, which would be a 6.1% rise.

According to the Experian Automotive Quarterly Briefing released in mid-December, there had been 32.5 million used-vehicle registrations in the first nine months of the year, compared to 33.0 million a year earlier.