Used Car Sales Rise

By Staff Writer January 25, 2019 1307

Used-car sales rose in January, according to Edmunds.

Edmunds estimates that 3.1 million used vehicles will be sold in January, up from 2.7 million in December.

Edmunds estimates that 1,169,804 new cars and trucks will be sold in the U.S. in January for an estimated seasonally adjusted annual rate (SAAR) of 17.2 million. Retail SAAR will come in at 13.9 million vehicles in January, with fleet transactions accounting for 19.7 percent of total sales

This reflects a 28.1 percent decrease in sales from December, but a 1.3 percent increase from January 2018.

 

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Last modified on Tuesday, 29 January 2019 14:39