More insight into September CPO car sales results
As Auto Remarketing continues to expand our coverage of the used-vehicle retail market, below are a few OEMs who have shared certified pre-owned sales results for September and/or the third quarter.
Starting with Hyundai Motor America, the Hyundai brand posted 8,556 certified sales in September, which was up 37.5% year-over-year. Through nine months of the year, Hyundai sales are up 11.3% with 65,996 CPO units sold.
The Genesis division at HMA moved 302 CPO vehicles in September, more than doubling the 129 certified vehicles it sold in the same month of 2021.
Likewise, year-to-date CPO sales numbers have also more than doubled, climbing from 913 units to 1,837.
“Increased focus on certified used vehicles at both HMA and GMA dealership has resulted in increased year-over-year sales in spite of limited used vehicle availability,” Hyundai’s Tom Love said in emailed comments.
Next up, at American Honda Motor Co., the HondaTrue Certified+/Certified tier moved 18,064 units in September (down 13.7%), with year-to-date sale at 177,929 (down 12.8%). There were 1,767 sales last month for HondaTrue Used, which was introduced in January and has moved 14,573 units this year.
Meantime, there were 3,055 Acura Precision Certified vehicles sold in September (down 36%) and year-to-date sales are at 31,087 (down 29.7%).
The Acura Precision Used tier, also introduced in January, moved 180 units last month and 1,684 year-to-date.
Mercedes-Benz — after reporting its second strongest first-half CPO sales ever — posted 33,624 certified sales in the third quarter. That beat second-quarter sales by 1.6%, the company said. Through three quarters, Mercedes has moved 99,652 certified vehicles.
At Mazda North American Operations, certified sales were down 26% year-over-year last month, with dealers selling 4,134 CPO vehicles.