CARY, N.C. –

Used-car sales hit another bump mid-week, but started to rebound as the weekend approached, according to a Cox Automotive analysis of used-vehicle sales last week, among other metrics.

“We estimate that used was down 50% year-over-year last week, as used sales lost some ground at month-end, presumably in competition with new, but then saw an improving trend again through the weekend,” chief economist Jonathan Smoke said in his weekly video report.

Specifically, a chart in Cox Automotive’s data set of daily used retail percent change year-over-year over the same day of the week shows a growing decline starting April 27, but that appears to have reversed course once May began.

As for full-month sales, TrueCar’s ALG business unit, in late April, was forecasting a 71% year-over-year decline in used-car sales in April, projecting a monthly tally of 1,086,494 used sales. That would also represent a 60% month-over-month decline.

In a webinar on Wednesday, J.D. Power shared data that indicated there were 1,345,784 used-vehicle retail sales at franchised dealers from March 2 through Sunday.

That’s down 35% from what was forecasted before the virus (2,058,553), according to the data. Or put differently, 712,770 lost sales.

Consumers spent $30 billion on used-vehicle sales at franchised dealerships during this period, according to J.D. Power, compared to the $44.9 billion that was forecasted.

Franchised dealers pulled in $2.8 billion in used-car profits during the two-month span, which is down from the forecasted $4.5 billion, the data shows.