Update on Canadian CPO car sales
Through five months of 2018, certified pre-owned sales continue to look strong for a few automakers reporting results to Auto Remarketing Canada.
Volkswagen, for example, had its best-ever May. It moved 1,938 CPO units, which was up 36.2 percent year-over-year.
VW’s year-to-date sales of 8,283 units are up 29.8 percent.
Audi sold 815 certified pre-owned vehicles in May, beating the year-ago figure by 9.1 percent. Through five months, it has moved 3,762 CPO vehicles, a 23.2-percent increase.
The 213 certified sales from Porsche in May represented a lift of 7 percent from a year ago, pushing the year-to-date sum to 946, a 19-percent increase.
Hyundai increased CPO sales 3 percent in May, selling 900 units.
“Hyundai Canada continues to be very pleased with how dealers have responded to the program,” Hyundai Auto Canada’s senior manager of fleet sales, CPO and remarketing Russell Seton said via email. “We are now seeing more dealers engaged and actively supporting the brand.”
Mercedes-Benz was relatively steady with year-ago figures, moving 1,373 CPO units, compared to 1,378 in May 2017.
Likewise, its 5,665 year-to-date certified sales are up slightly from 5,653 through five months of 2017.
Nissan had 927 CPO sales in May, compared to 1,400 a year ago. Its year-to-date sum is at 1,618, down from 2,265 in the year-ago period.
Infiniti moved 115 certified vehicles for the month, up from 111 in May 2017. Its year-to-date sales are at 209, compared to 245 in the same period of 2017.
Volvo had 772 certified sales in May.