Update on Canadian certified sales
Here’s a rundown of how certified pre-owned sales have fared in Canada, based on automakers sharing results with Auto Remarketing Canada.
Subaru Canada moved 480 certified units in November, compared to 362 a year ago. That put the year-to-date tally at 4,276, a 13.1% year-over-year increase.
At Hyundai Auto Canada Corp., there were 976 CPO sales last month, down slightly a year ago, which was the best November ever with 984 sales.
“Holding the program back in November was a shortage of pre-owned Hyundais at our dealers after five months of record sales,” said Charles Plewes, who heads up CPO and remarketing for Hyundai, via email. “Dealer participation is also at a high of 78%.”
Next up, Nissan had 915 CPO sales in Canada during November, down from 1,445 a year ago. Through November, year-to-date sales are at 10,197 units, down from 14,555 in the same period of 2019.
Infiniti sold 121 certified vehicles for the month, down from 180 in November in 2019. Year-to-date sales are at 1,480, compared to 1,884 in the year-ago time frame.
For more insights into the Canadian retail used-car business, see the podcast below with Sam LaPointe, who is director of sales in Canada at CarGurus.
LaPointe discusses some of the challenges and opportunities facing car dealers in Canada, the country's used-car market, digital retail in Canada and more.