auto dealer in black and red logo
MenuMENU
SearchSEARCH

Used Sales Dipped in June

CDK systems outage at least partly to blame. Cox foresees recovery this month.

July 15, 2024
Used Sales Dipped in June

Certified preowned sales figures also fell in the month.

Credit:

Pexels/Erik McIean

1 min to read


 

Used-vehicle sales fell in June, at least partially due to the more than two-week CDK Global software shutdown.

Retail sales via franchised and independent dealers fell about 8% month-over-month to 1.4 million units, according to Cox Automotive. That’s still up nearly 1.5% year-over-year.

The dip was at least partly on paper rather than all lost sales, said Cox, which expects the slide to be reversed this month.

“While reporting was more disrupted than actual sales, we estimate a decline in used retail sales for June compared to May. However, much like a weather event, we believe any lost sales in June will be recovered in July,” said Cox Senior Analyst of Economic and Industry Insights Scott Vanner.

Certified preowned sales figures also fell in the month, also down about 8% to approximately 209,000, or a 7% year-over-year drop, according to Cox. Year-to-date CPO sales are flat compared to last year.

DIG DEEPER: Used-Vehicle Owners Warned of Faulty Air Bags

More Industry

daytime, front of car dealership Lexus of Vancouver
Industryby Lauren LawrenceJune 3, 2026

Holman Opens New Lexus Dealership

Located in the heart of Clark County, Lexus of Vancouver features a multi-level showroom, more than 30 service bays, an indoor drive for drop-off and pick-up and a fleet of courtesy vehicles.

Read More →
The outside of a Ferrari dealership
Industryby Hannah MitchellMay 29, 2026

Denver Ferrari Store in New Group

The recent sale of the dealership by Lithia adds to an expanding stable for a family-owned collection of franchises.

Read More →
Nissan SUV in a tunnel
Industryby Lauren LawrenceMay 29, 2026

Nissan Reports Significant Sales Growth

Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.

Read More →
Ad Loading...
Auto Dealer Today, Dealer Debrief, 05/22/2026
Industryby Lauren LawrenceMay 22, 2026

Dealer Debrief: Effective Safety Features

In this week's debrief, host Lauren Lawrence covers a positive safety study from GM and the University of Michigan Transportation Research Institute and a business acquisition by Cox Automotive.

Read More →
Electric Vehicle Battery
Industryby Hannah MitchellMay 22, 2026

Recalled Autos Spike in Q1

The volume of affected units continued to rise as more software-focused models present different types of problems, creating complex risk, Sedgwick reports.

Read More →
two hands exchanging a set of keys, Auto Dealer Today, Keys to Indpendence
Industryby Lauren LawrenceMay 22, 2026

Program Brings Wheels to Families in Need

NADA is taking Vehicles for Change’s Keys to Independence Program national so auto dealers can help families in need gain access to reliable transportation.

Read More →
Ad Loading...
EFG CRO Eric Fifield headshot
Industryby StaffMay 20, 2026

EFG Aims to Help Dealers Face Rising Reinsurance Volatility

Rising claims severity, higher repair costs and delayed reserve adjustments are putting new pressure on auto dealerships' reinsurance programs.

Read More →
Red Acura car on display
Industryby Hannah MitchellMay 15, 2026

Hybrids in Focus

Another automaker announces plans to dedicate more resources in the U.S. to the now popular power train as it also looks to minimize trade tariff costs.

Read More →
Airbag text on dashboard of car
Awardsby Lauren LawrenceMay 15, 2026

IIHS Adds to Safety Rankings

A midsize Hyundai and a small Toyota have joined the nonprofit's 2026 Top Safety Pick+ award rankings, thanks to improved crash test results and crash-prevention measures.

Read More →
Ad Loading...
Dealer Debrief 05/15/2026, with Lauren Lawrence, Auto Dealer Today
Industryby Lauren LawrenceMay 15, 2026

Dealer Debrief: FTC and Pricing

In this week's debrief, host Lauren Lawrence covers long loan terms, the FTC's crackdown on pricing, and disaster prep for dealerships.

Read More →